Nyle Systems: Funding, Investors & Team (Sep 2026)
Brewer, Maine-based Nyle is a US-based manufacturer. Three primary markets are our main priorities: Food drying, water heating with heat pumps, and drying of wood A profound understanding of Heat Pumps and Dehumidifiers is at the foundation of Nyle, and this understanding has resulted in a distinctive leading position in each of these three primary markets: A very successful line of dehumidification lumber dryers for the hardwood market was launched in 1978 when Donald Lewis received a patent for the XDH Dehumidification System. Since then, the product line has grown to include DH kilns, gas fired kilns, conventional kilns, heat treaters, and industry-leading controls.
Nyle Systems has raised $6.0M across 1 funding round on record, the most recent an undisclosed round of $6.0M announced in Feb 2023.
That round is above the $5.0M median round size for Manufacturing companies tracked on FundedIQ over the last two years.
Nyle Systems Company Profile and Key Stats
Latest funding round on record: Feb 2023.
Nyle Systems Funding Rounds
Nyle Systems Founders and Leadership Team
No contact details are on record for this team yet.
Nyle Systems Funding Compared to Other Manufacturing Startups
Nyle Systems' latest round of $6.0M is above the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Nyle Systems in Manufacturing and Brewer
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Nyle Systems Funding FAQs
What does Nyle Systems do?
Brewer, Maine-based Nyle is a US-based manufacturer. Three primary markets are our main priorities: Food drying, water heating with heat pumps, and drying of wood A profound understanding of Heat Pumps and Dehumidifiers is at the foundation of Nyle, and this understanding has resulted in a distinctive leading position in each of these three primary markets: A very successful line of dehumidification lumber dryers for the hardwood market was launched in 1978 when Donald Lewis received a patent for the XDH Dehumidification System. Since then, the product line has grown to include DH kilns, gas fired kilns, conventional kilns, heat treaters, and industry-leading controls.
How much funding has Nyle Systems raised?
Nyle Systems has raised $6.0M across 1 round on record. The most recent is an undisclosed round of $6.0M announced in Feb 2023.
When did Nyle Systems last raise funding?
Nyle Systems' most recent funding round on record is an undisclosed round of $6.0M, announced in Feb 2023.
Who is the CEO of Nyle Systems?
Ton Mathissen is listed as CEO at Nyle Systems.
Where is Nyle Systems headquartered?
Nyle Systems is based in Brewer, Maine, United States.
How many employees does Nyle Systems have?
Nyle Systems is in the 11-50 employee band.
How does Nyle Systems' funding compare to other Manufacturing startups?
Nyle Systems' latest round of $6.0M is above the $5.0M median round size for Manufacturing companies on FundedIQ across 1,059 tracked companies over the last two years.
About FundedIQ's Nyle Systems Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Nyle Systems is left off this page rather than filled in.
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