How Much Did Union Chill Mat Raise?
Funding & Key Investors

Union Chill Mat, a significant player in industrial heating and cooling solutions, has recently secured a major strategic investment, contributing to its substantial overall capitalisation of $279K. The company's latest funding round, which closed on February 13, 2021, brought in $129K, underscoring a period of significant financial activity for the industrial equipment manufacturer.

What is Union Chill Mat?

Union Chill Mat
ManufacturingIndustrial Machinery & Equipment

Union Chill Mat Company specializes in the manufacturing and supply of industrial heating and cooling equipment. Their product portfolio includes Ultramatic portable heaters, indirect-fired heaters, and portable air conditioners, all engineered to deliver safe and uncontaminated heat for diverse industrial applications. Serving clients across the construction and industrial sectors, the company also offers industrial fans and dehumidifiers, solidifying its reputation for quality and commitment to meeting critical environmental control needs.

How much funding has Union Chill Mat raised?

Union Chill Mat has raised a total of $279K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$129K

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

Debt (2021): $129K led by PPP

Key Investors in Union Chill Mat

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Union Chill Mat?

With the recent influx of capital and its established position in the industrial equipment market, Union Chill Mat is poised for strategic expansion. The large-scale, late-stage funding suggests a focus on scaling operations, enhancing product development, and potentially broadening its market reach. This investment will likely enable the company to further solidify its global recognition for quality and address the evolving heating and cooling demands of its industrial clientele.

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Frequently Asked Questions Regarding Union Chill Mat Financial Insights

What are the most recent funding rounds that Union Chill Mat has completed, and what were the funding rounds?
Union Chill Mat has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Union Chill Mat has raised to date?
Union Chill Mat has raised a total of $279K in funding to date.
How many funding rounds has Union Chill Mat completed?
Union Chill Mat has completed 2 funding rounds.
How much funding did Union Chill Mat raise in its most recent funding round?
Union Chill Mat raised $129K in its most recent funding round.
Who are the lead investors in Union Chill Mat's latest funding round?
The lead investor in Union Chill Mat'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 Union Chill Mat's history?
The largest funding round in Union Chill Mat's history was $150K.
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