How Much Did Cooling Products Raise?
Funding & Key Investors

Cooling Products, Inc. has successfully secured a significant capital injection, bringing its total cumulative financing to $695K. This latest infusion of $345K represents a major strategic investment aimed at bolstering the company's operational capacity within the global energy infrastructure sector. By leveraging this recent backing, the Tulsa-based firm continues to solidify its market position as a critical provider of thermal management solutions for the oil and gas industry.

What is Cooling Products?

Cooling Products
ManufacturingIndustrial Machinery & Equipment

Established in 1961, Cooling Products, Inc. operates as a specialized manufacturer of air-cooled heat exchangers. The company serves a diverse portfolio of enterprise-level clients, including natural gas transmission networks, gas processing facilities, and large-scale oil refineries. Their business model is predicated on bespoke engineering, where each thermal solution is meticulously tailored to meet the rigorous technical requirements of industrial applications. With over six decades of experience, the firm maintains a reputation for engineering excellence and operational integrity, ensuring that its heat exchange systems remain a cornerstone of global energy processing infrastructure.

How much funding has Cooling Products raised?

Cooling Products has raised a total of $695K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$345K

Debt (2020): $350K with participation from PPP

Debt (2021): $345K led by PPP

Key Investors in Cooling Products

PPP

Public-Private Partnership

What's next for Cooling Products?

With the recent influx of capital, Cooling Products, Inc. is well-positioned to scale its manufacturing capabilities and enhance its engineering service offerings. The strategic allocation of these funds will likely focus on optimizing production workflows and expanding the company's footprint in emerging energy markets. As the global energy sector undergoes a transition toward more efficient processing standards, the firm's commitment to customized, high-quality heat exchange technology provides a robust foundation for long-term growth. Future initiatives will likely prioritize the integration of advanced materials and digital monitoring systems to further improve the performance and longevity of their industrial cooling assets.

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Frequently Asked Questions Regarding Cooling Products Financial Insights

What are the most recent funding rounds that Cooling Products has completed, and what were the funding rounds?
Cooling Products has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Cooling Products has raised to date?
Cooling Products has raised a total of $695K in funding to date.
How many funding rounds has Cooling Products completed?
Cooling Products has completed 2 funding rounds.
How much funding did Cooling Products raise in its most recent funding round?
Cooling Products raised $345K in its most recent funding round.
Who are the lead investors in Cooling Products's latest funding round?
The lead investor in Cooling Products'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 Cooling Products's history?
The largest funding round in Cooling Products's history was $350K.
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