How Much Did Technical Industries Raise?
Funding & Key Investors

Technical Industries, a prominent player in the energy and technology sector, has secured $150K in total capital, with its most recent funding round bringing in $150K in a major strategic investment. This significant backing underscores the company's established position and its ongoing contributions to the non-destructive testing (NDT) market for oil country tubular goods (OCTG) and various pipe types.

What is Technical Industries?

Technical Industries
Business ServicesResearch & Development

Founded in 1971, Technical Industries has built a robust reputation for providing reliable solutions in non-destructive testing. The company's expertise spans ultrasonic testing, comprehensive data collection, storage, and imaging services. Complementing its core NDT offerings, Technical Industries also provides onsite storage, coating, and maintenance, positioning itself as a one-stop solution provider designed to optimize efficiency and reduce costs for its clients in the oil and gas sector and other industries requiring OCTG services.

How much funding has Technical Industries raised?

Technical Industries has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Technical Industries

PPP

Public-Private Partnership

What's next for Technical Industries?

The substantial late-stage funding indicates a strategic phase for Technical Industries, likely focused on expanding its service capabilities, enhancing its technological infrastructure, or broadening its market reach. This capital infusion is expected to fuel further innovation in NDT solutions and solidify its leadership in serving the demanding requirements of the oil and gas industry. The company's long-standing history and comprehensive service model suggest a trajectory aimed at sustained growth and operational excellence.

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Frequently Asked Questions Regarding Technical Industries Financial Insights

What are the most recent funding rounds that Technical Industries has completed, and what were the funding rounds?
Technical Industries has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Technical Industries has raised to date?
Technical Industries has raised a total of $150K in funding to date.
How many funding rounds has Technical Industries completed?
Technical Industries has completed 1 funding rounds.
How much funding did Technical Industries raise in its most recent funding round?
Technical Industries raised $150K in its most recent funding round.
Who are the lead investors in Technical Industries's latest funding round?
The lead investor in Technical Industries's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Technical Industries's history?
The largest funding round in Technical Industries's history was $150K.
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