How Much Did Temperature Engineering Raise?
Funding & Key Investors

Temperature Engineering has secured $89K in recent financing, contributing to a total funding amount of $89K. This capital infusion, occurring at a significant Series B/C stage, underscores the company's strategic positioning within the HVAC and mechanical contracting sector. The recent backing is earmarked for substantial expansion, signaling a period of accelerated growth and market penetration for the century-old firm.

What is Temperature Engineering?

Temperature Engineering
ConstructionConstruction ManagementArchitecture, Engineering & Design

Temperature Engineering Corporation is a seasoned player in the HVAC industry, offering comprehensive services that span design, construction, repair, and replacement. With over a decade of mechanical contracting expertise, the company is dedicated to optimizing workplace environments through innovative integration of design and construction methodologies. Their service portfolio includes advanced systems such as variable refrigerant volume heat pumps, catering to commercial air conditioning needs with a strong emphasis on energy efficiency and cost-effectiveness. Initially serving the defense sector, Temperature Engineering has broadened its reach to support businesses, particularly in Southeast Michigan, aiming to enhance facility performance and reduce operational energy expenditures.

How much funding has Temperature Engineering raised?

Temperature Engineering has raised a total of $89K across 1 funding round:

2021

Debt

$89K

Debt (2021): $89K with participation from PPP

What's next for Temperature Engineering?

The substantial expansion capital secured by Temperature Engineering positions the company for significant advancements in its market reach and service capabilities. As a company with a long-standing history and a focus on energy-efficient solutions, this latest round of investment is expected to fuel innovation in their HVAC technologies and operational scaling. The strategic deployment of these funds will likely enable Temperature Engineering to further solidify its competitive advantage, potentially exploring new geographic markets or enhancing its offerings in smart building technology and sustainable climate control solutions. This move is indicative of a company poised for robust growth and continued leadership in the mechanical contracting space.

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Frequently Asked Questions Regarding Temperature Engineering Financial Insights

What are the most recent funding rounds that Temperature Engineering has completed, and what were the funding rounds?
Temperature Engineering has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Temperature Engineering has raised to date?
Temperature Engineering has raised a total of $89K in funding to date.
How many funding rounds has Temperature Engineering completed?
Temperature Engineering has completed 1 funding rounds.
How much funding did Temperature Engineering raise in its most recent funding round?
Temperature Engineering raised $89K in its most recent funding round.
Who are the lead investors in Temperature Engineering's latest funding round?
The lead investor in Temperature Engineering'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 Temperature Engineering's history?
The largest funding round in Temperature Engineering's history was $89K.
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