What is Petroleum Resources and Development?
Petroleum Resources and Development, Inc., headquartered in Merritt Island, FL, is a distinguished environmental construction firm recognized for its expertise in high-quality remedial systems. The company offers a comprehensive suite of services, including the installation and upkeep of sophisticated remediation systems, carbon polishing, and thermal treatments. Serving a diverse clientele across Florida and the broader continental United States, Petroleum Resources and Development provides both turnkey system installations and site restoration solutions. With over a decade of experience, the company is dedicated to addressing client environmental needs through certified and insured operations.
How much funding has Petroleum Resources and Development raised?
Petroleum Resources and Development has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Petroleum Resources and Development?
The substantial large-scale late-stage funding indicates Petroleum Resources and Development is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in their remediation technologies, broaden their service area, and potentially support strategic acquisitions. The company's focus on specialized environmental construction, coupled with this recent strategic investment, positions them for continued leadership and innovation within the industry.
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