What is US Cryogenics?
US Cryogenics, Inc., founded in 2001, is a specialized provider of cryogenic system solutions. The company offers comprehensive services including the installation, maintenance, and repair of cryogenic equipment. Recognized by major industrial gas suppliers for its dependable and economical services, US Cryogenics caters to a broad spectrum of industries. These include welding, aerospace, manufacturing, electronics, healthcare, and the food and beverage sectors. Their team of seasoned technicians is committed to delivering practical solutions for complex cryogenic storage and delivery challenges, solidifying their role as a key player in the cryogenic sector.
How much funding has US Cryogenics raised?
US Cryogenics has raised a total of $360K across 2 funding rounds:
Debt
$150K
Debt
$210K
Debt (2020): $150K with participation from PPP
Debt (2021): $210K led by PPP
What's next for US Cryogenics?
The substantial capital infusion, particularly the recent strategic investment, positions US Cryogenics for accelerated growth and enhanced service capabilities. As a company operating in a large-scale, late-stage funding environment, this backing is likely to facilitate market expansion, technological advancements in cryogenic solutions, and potentially strategic acquisitions. The focus on debt financing in its funding history suggests a mature operational strategy, and this new capital may be directed towards scaling operations to meet increasing demand across its diverse industrial client base, further cementing its leadership in the cryogenic services industry.
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