What is Tank Tech?
Established in 1985, Tank Tech, Inc. operates as a specialized provider of structural compliance solutions for the petroleum, industrial, and institutional sectors. The company addresses the high costs associated with infrastructure replacement by offering advanced services such as structural rejuvenation, secondary containment, and compatibility assessments. Their technical portfolio includes proprietary internal linings designed to combat microbial corrosion and ensure biofuel compatibility. By prioritizing environmental protection and safety, Tank Tech serves as a vital partner for organizations seeking to extend the lifecycle of their storage assets while adhering to stringent regulatory standards across global markets.
How much funding has Tank Tech raised?
Tank Tech has raised a total of $539K across 2 funding rounds:
Debt
$150K
Debt
$389K
Debt (2020): $150K with participation from PPP
Debt (2021): $389K led by PPP
Key Investors in Tank Tech
PPP
Public-Private Partnership
What's next for Tank Tech?
With the infusion of this latest capital, Tank Tech is poised to accelerate its operational growth and technological development. The strategic focus will likely shift toward enhancing its internal lining capabilities and expanding its service reach to meet the rising demand for sustainable industrial maintenance. As the company navigates the complexities of the energy transition, this investment provides the necessary liquidity to invest in R&D, potentially introducing new innovations in corrosion protection and secondary containment. The firm remains focused on maintaining its world-class safety record while scaling its enterprise-level operations to address the evolving needs of its diverse client base.
See full Tank Tech company page
