What is Strata-Tech?
Strata-Tech specializes in providing grouting supplies and equipment, with a particular focus on chemical grouts essential for sewer rehabilitation, structural water control, and soil stabilization. Leveraging over six decades of combined industry experience, the company is committed to ensuring client project success through expert support and high-quality products. Their dedication to customer confidence and tailored solutions underscores their position in the market.
How much funding has Strata-Tech raised?
Strata-Tech has raised a total of $24.1M across 12 funding rounds:
Grant
$4M
Grant
$100K
Grant
$1.5M
Grant
$975K
Grant
$750K
Grant
$1.2M
Grant
$1.7M
Debt
$3M
Grant
$3.5M
Grant
$4.6M
Grant (2005): $4M supported by National Institute Of Diabetes And Digestive And Kidney Diseases
Grant (2006): $100K featuring National Cancer Institute
Grant (2007): $1.5M backed by National Institute of Aging
Grant (2007): $975K with participation from National Institute on Aging
Grant (2008): $750K led by Department of Defense, Chemical and Biological Defense
Grant (2008): $1.2M supported by National Institute of Aging
Grant (2009): $1.7M featuring National Cancer Institute
Debt (2010): $3M, investors not publicly disclosed
Grant (2010): $3.5M with participation from National Institute Of Allergy And Infectious Diseases
Grant (2011): $4.6M led by National Institute Of Diabetes And Digestive And Kidney Diseases
Key Investors in Strata-Tech
National Institute of Aging
The National Institute of Aging, part of the National Institutes of Health, is a U.S. government agency focused on biomedical and health-related research, likely supporting Strata-Tech's endeavors through grants that align with its research objectives.
National Cancer Institute
The National Cancer Institute, a division of the NIH, aims to reduce cancer prevalence and improve patient lives through research. Their involvement suggests Strata-Tech's technology may have applications relevant to cancer research or treatment infrastructure.
U.S. Dept. of Commerce
The U.S. Department of Commerce, through agencies like NTIA, supports economic growth and technological advancement. Their investment likely reflects Strata-Tech's contribution to infrastructure development and innovation within the U.S. economy.
What's next for Strata-Tech?
The recent major strategic investment signals Strata-Tech's readiness to scale its operations and potentially broaden its product offerings or market reach. This influx of capital is expected to fuel further innovation in chemical grouting technologies and enhance their service capabilities. The company's established expertise and client-centric approach, combined with this new financial backing, suggest a strong trajectory for future development and market leadership in specialized civil engineering and infrastructure solutions.
See full Strata-Tech company page