Nyle Systems, LLC is a US based manufacturing company, specializing in Lumber Drying, Food Drying, and Heat Pump Water Heating. Founded in 1977 and headquartered in Brewer, Maine, Nyle has established a strong position in its core markets.
In the Lumber Drying segment, Nyle has a rich history dating back to 1978 with the XDH Dehumidification System. Over the years, the product line has expanded to include various kilns and industry-leading controls. Recently, Nyle was awarded a patent for its VHT systems, signifying its commitment to innovation.
With regards to Food Dehydration, Nyle began with custom applications and then progressed to develop a line of highly energy-efficient dehumidification dryers designed for the food market, followed by a line of indirect gas-fired units, demonstrating the company's versatility and product range expansion.
Finally, in Heat Pump Water Heating, Nyle has developed a range of commercial-size heat pump water heaters, the Geyser C-Series, which are gaining traction in the market due to their energy efficiency.
The company recently secured a $6.00M Series A investment on February 8, 2023, led by Aligned Climate Capital, further validating its potential and growth prospects. Overall, Nyle's 40 years of experience in providing quality systems positions it as a reliable and innovative player in its respective industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $6.00M | 1 |
|
08 Feb 2023 |
| Grant | $25.00K | 1 |
|
01 Jan 2019 |
| Grant | $12.50K | 1 |
|
10 Feb 2011 |
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