What is NOVA Coldstore?
NOVA Coldstore stands as a premier Full-Service Temperature-Controlled storage provider across the greater Boston area and the Northeast corridor. The company leverages nearly 40 years of combined experience from its leadership team in supply chain logistics. NOVA Coldstore offers a partnership approach, catering to businesses ranging from Fortune 500 corporations to small family-owned enterprises. Its operations are supported by two state-of-the-art facilities boasting a combined 7,600,000 cubic feet of fully racked cold storage capacity. Services include custom product fulfillment, packing, labeling, shrink wrapping, re-packing, case picking, order consolidation, cross-docking, real-time inventory reporting with web-based access, truckload and LTL services, 24-hour monitoring, bar coding, and EDI capabilities, all while exceeding industry standards in quality control and sanitation.
How much funding has NOVA Coldstore raised?
NOVA Coldstore has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in NOVA Coldstore
PPP
Public-Private Partnership
What's next for NOVA Coldstore?
With the recent influx of capital, NOVA Coldstore is strategically positioned to enhance its operational capacity and potentially expand its service footprint. This large-scale, late-stage funding suggests a focus on scaling infrastructure, optimizing logistics networks, and potentially integrating advanced technologies to further solidify its market leadership in temperature-controlled storage solutions. The company's commitment to quality and comprehensive service offerings indicates a trajectory towards sustained growth and increased market share.
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