Fundz

Rhino Health Usa, Inc. Closes $58 Million New Markets Tax Credit Financing

PRIVATEJul 29, 2022

Amount Raised

$58 Million

Round Type

Funding Round

Fort WorthManufacturingMobile

Description

Fort Worth-based Rhino Health USA, Inc. today announced the closing of a $58 million New Markets Tax Credit (NMTC) transaction that will help fund the company’s $200 million investment for its large-scale manufacturing expansion in North Texas.

Quick answer

Rhino Health USA raised $58 Million in a Funding Round round, dated July 29, 2022. Rhino Health USA is based in Fort Worth, Texas, United States.

How much did Rhino Health USA raise?
Rhino Health USA raised $58 Million in a Funding Round round on July 29, 2022.
What does Rhino Health USA do?
Fort Worth-based Rhino Health USA (www.rhinohealth.net) is the nation’s first nitrile glove manufacturer.
Where is Rhino Health USA based and how big is it?
Rhino Health USA is based in Fort Worth, Texas, United States.

Source: Fundz verified event record.

Who else raised in Mobile and Manufacturing around the same time

Companies in the same sectors as Rhino Health USA that raised within 45 days of this round, from Fundz verified event records.

  • Hadrian raised $11M (Seed) on June 24, 2022.
  • IXRF raised $747K (Seed) on September 12, 2022.
  • Atlant 3D raised an undisclosed amount on September 12, 2022.
  • Peer Robotics raised an undisclosed amount (Funding Round) on September 12, 2022.
  • Lumafield raised $35M (Funding Round) on September 12, 2022.
  • WellSense, Inc. raised $743K (Seed) on September 12, 2022.

Who to call at Rhino Health USA, and when

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Company Information

Company

Rhino Health USA

Location

Fort Worth, Texas, United States

About

Fort Worth-based Rhino Health USA (www.rhinohealth.net) is the nation’s first nitrile glove manufacturer. In 2019, the company began operations in Church Rock, New Mexico in partnership with the Navajo Nation. Rhino works closely with the Department of Defense and is currently operating two manufacturing factories and is continuing to aggressively and strategically expand its operations.

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Rhino Health USA raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.