Ppg Announces $2.7 Million Investment For Powder Coatings Expansion In Sumaré, Brazil
Amount Raised
$2.7 Million
Round Type
Seed
SumaréManufacturingHardwareSoftwareMobileDescription
PPG (NYSE: PPG) today announced an investment of $2.7 million to expand its powder coatings manufacturing capabilities at its facility in Sumaré, in the Brazilian state of São Paulo. The project will increase the plant’s production capacity for powder coatings by approximately 40%, beginning in the third quarter of 2022.
Quick answer
PPG raised $2.7 Million in a Seed round, dated December 21, 2021. PPG is based in Sumaré, São Paulo, Brazil.
- How much did PPG raise?
- PPG raised $2.7 Million in a Seed round on December 21, 2021.
- Where is PPG based and how big is it?
- PPG is based in Sumaré, São Paulo, Brazil.
Source: Fundz verified event record.
Who else raised in Hardware and Mobile around the same time
Companies in the same sectors as PPG that raised within 45 days of this round, from Fundz verified event records.
- Sierra Wireless raised an undisclosed amount (Debt Financing) on January 20, 2022.
- Appvance raised $13M (Funding Round) on January 18, 2022.
- Hadrian raised $36M on January 7, 2022.
- RoboSense raised an undisclosed amount (Corporate Round) on December 27, 2021.
- Cadence raised $103M on December 15, 2021.
- Cadence raised $100M (Funding Round) on December 14, 2021.
Who to call at PPG, and when
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- An alert the day PPG raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PPG, from your own LinkedIn network
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