What is SOIL X?
Established in 1968, SOIL X, Corp is a seasoned provider of expert soil exploration services, focusing on geotechnical borings and exploratory drilling. The company leverages technical mastery to deliver high-quality exploratory data, prioritizing safety and operational excellence. SOIL X, Corp serves clients in the construction and engineering industries who require reliable subsurface exploration data to ensure successful project outcomes. Their commitment to competence and quality positions them as a trusted partner for critical infrastructure and development projects.
How much funding has SOIL X raised?
SOIL X has raised a total of $1.8M across 3 funding rounds:
Debt
$150K
Debt
$186K
Debt
$100K
Debt (2020): $150K with participation from PPP
Debt (2021): $186K led by PPP
Debt (2024): $100K supported by M&T Bank
Key Investors in SOIL X
M&T Bank
M&T Bank is a financial institution that likely provides debt financing and banking services to established companies, supporting their operational needs and strategic growth initiatives.
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for SOIL X?
With its large-scale late-stage funding context, SOIL X is poised for significant expansion and enhancement of its operational capabilities. The recent strategic investment signals confidence from financial partners in the company's long-term growth trajectory and its critical role in supporting infrastructure development. Future endeavors will likely involve scaling operations, investing in advanced drilling technologies, and potentially expanding service offerings to meet the evolving demands of the construction and engineering sectors. This strategic backing will enable SOIL X to solidify its market leadership and pursue new opportunities in subsurface exploration.
See full SOIL X company page
