How Much Did AbateTech Raise?
Funding & Key Investors

AbateTech, a seasoned environmental contracting firm with nearly two decades of operational experience, has secured $803K in total capital. The company recently announced a significant strategic investment, bringing in $803K in new financing. This latest capital infusion is indicative of AbateTech's established presence and ongoing strategic growth within the environmental services sector.

What is AbateTech?

AbateTech
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AbateTech Inc. operates as a comprehensive environmental contracting firm, leveraging over 45 years of combined experience among its principals in the abatement and construction industries. Based in Lumberton, NJ, the company emphasizes efficient and expedient service delivery, focusing on a quality-driven team approach to ensure customer satisfaction. AbateTech's core objective is to identify client needs and develop Safe Performance Work Plans that meet or exceed expectations, fostering a collaborative partnership with owners and contractors. The firm is committed to providing fair market value, adhering to all regulatory requirements, and maintaining a Total Quality Control Assurance Plan for optimal project execution. Their corporate commitment centers on delivering projects that are safe, environmentally sound, cost-effective, and provide long-term liability protection.

How much funding has AbateTech raised?

AbateTech has raised a total of $803K across 1 funding round:

2021

Debt

$803K

Debt (2021): $803K with participation from PPP

Key Investors in AbateTech

PPP

Public-Private Partnership

What's next for AbateTech?

With the recent major strategic investment, AbateTech is poised to further solidify its market position and potentially expand its service offerings or operational reach. The enterprise-level funding suggests a focus on scaling operations, investing in advanced abatement technologies, or enhancing its project management capabilities to handle larger, more complex environmental contracting projects. This capital will likely enable AbateTech to pursue new market opportunities and strengthen its competitive advantage in the environmental services industry, reinforcing its commitment to safety, environmental stewardship, and cost-effective solutions for its clients.

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Frequently Asked Questions Regarding AbateTech Financial Insights

What are the most recent funding rounds that AbateTech has completed, and what were the funding rounds?
AbateTech has recently completed 1 funding rounds: Debt on Mar 24, 2021.
What is the total amount of funding AbateTech has raised to date?
AbateTech has raised a total of $803K in funding to date.
How many funding rounds has AbateTech completed?
AbateTech has completed 1 funding rounds.
How much funding did AbateTech raise in its most recent funding round?
AbateTech raised $803K in its most recent funding round.
Who are the lead investors in AbateTech's latest funding round?
The lead investor in AbateTech'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 AbateTech's history?
The largest funding round in AbateTech's history was $803K.
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