How Much Did US Cryogenics Raise?
Funding & Key Investors

US Cryogenics has solidified its position as a critical infrastructure provider within the industrial gas sector, securing a total capital infusion of $360K. This trajectory of financial backing, highlighted by a recent strategic investment of $210K, underscores the company's operational maturity and its essential role in supporting high-stakes industries. By leveraging these debt-based financing rounds, the firm has successfully scaled its service capabilities to meet the rigorous demands of modern industrial supply chains.

The company's ability to attract significant capital reflects its long-standing reputation for technical excellence and reliability. As it navigates the complexities of late-stage growth, US Cryogenics continues to demonstrate a robust financial profile, ensuring that its specialized maintenance and installation services remain at the forefront of the cryogenic equipment market.

What is US Cryogenics?

US Cryogenics
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Established in 2001, US Cryogenics, Inc. operates as a specialized provider of cryogenic system solutions, encompassing the full lifecycle of equipment management from installation to complex repair. The company serves as a vital link in the supply chain for sectors requiring precise temperature-controlled storage and delivery, including aerospace, electronics, healthcare, and food manufacturing. By maintaining deep-rooted partnerships with major industrial gas suppliers, the firm has carved out a defensible market position based on technical expertise and cost-effective operational delivery. Their team of experienced technicians provides the necessary infrastructure support that allows high-tech and industrial clients to maintain continuous, safe, and efficient operations.

How much funding has US Cryogenics raised?

US Cryogenics has raised a total of $360K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$210K

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

Debt (2021): $210K led by PPP

Key Investors in US Cryogenics

PPP

Public-Private Partnership

Undisclosed Investor

A strategic partner participating in the funding round to bolster the company's long-term capital structure.

Undisclosed Investor

A private capital source focused on supporting mature companies within the industrial and technical services sector.

What's next for US Cryogenics?

With the recent influx of capital, US Cryogenics is well-positioned to expand its service footprint and enhance its technical infrastructure. The strategic focus will likely shift toward optimizing service delivery models and potentially integrating advanced monitoring technologies to improve equipment uptime for its diverse client base. As the company moves deeper into its late-stage lifecycle, the emphasis will remain on scaling its workforce and refining its maintenance protocols to address the evolving storage challenges in the aerospace and electronics sectors. This financial stability provides the necessary runway to pursue long-term operational efficiencies and solidify its status as a premier partner for industrial gas infrastructure.

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Frequently Asked Questions Regarding US Cryogenics Financial Insights

What are the most recent funding rounds that US Cryogenics has completed, and what were the funding rounds?
US Cryogenics has recently completed 2 funding rounds: Debt on Feb 22, 2021, Debt on Apr 29, 2020.
What is the total amount of funding US Cryogenics has raised to date?
US Cryogenics has raised a total of $360K in funding to date.
How many funding rounds has US Cryogenics completed?
US Cryogenics has completed 2 funding rounds.
How much funding did US Cryogenics raise in its most recent funding round?
US Cryogenics raised $210K in its most recent funding round.
Who are the lead investors in US Cryogenics's latest funding round?
The lead investor in US Cryogenics'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 US Cryogenics's history?
The largest funding round in US Cryogenics's history was $210K.
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