How Much Did Abstract Electronics Raise?
Funding & Key Investors

Abstract Electronics, a key player in the distribution of electronic components and hardware, has secured $150K in total capital. The company recently announced a major strategic investment, bringing in $150K in new financing. This latest round of backing underscores the company's established position in serving commercial and military original equipment manufacturers (OEMs) and contract equipment manufacturers (CEMs) since 1996.

What is Abstract Electronics?

Abstract Electronics
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Founded in 1996, Abstract Electronics has carved a niche as a reliable distributor and source for electronic components and hardware. The company's commitment to quality assurance is evident through its AS9120 certified Quality Management System and stringent inspection protocols, ensuring the authenticity and reliability of its offerings. Abstract Electronics provides a suite of in-house and value-added services, including specialized military packaging, electrical function testing, and diverse inspection methodologies. Their operational ethos centers on cultivating robust customer relationships through the consistent delivery of high-quality products and superior customer service.

How much funding has Abstract Electronics raised?

Abstract Electronics has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Abstract Electronics?

The recent strategic investment signifies a pivotal moment for Abstract Electronics, positioning it for accelerated growth and enhanced market penetration within the competitive electronics distribution sector. This capital infusion is expected to bolster the company's capacity to meet the evolving demands of both commercial and military clients, potentially enabling expansion of its value-added services and strengthening its supply chain capabilities. The company's focus on quality assurance and customer relationships, coupled with this significant financial backing, suggests a strategic trajectory aimed at solidifying its leadership in the industry.

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Frequently Asked Questions Regarding Abstract Electronics Financial Insights

What are the most recent funding rounds that Abstract Electronics has completed, and what were the funding rounds?
Abstract Electronics has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Abstract Electronics has raised to date?
Abstract Electronics has raised a total of $150K in funding to date.
How many funding rounds has Abstract Electronics completed?
Abstract Electronics has completed 1 funding rounds.
How much funding did Abstract Electronics raise in its most recent funding round?
Abstract Electronics raised $150K in its most recent funding round.
Who are the lead investors in Abstract Electronics's latest funding round?
The lead investor in Abstract Electronics'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 Abstract Electronics's history?
The largest funding round in Abstract Electronics's history was $150K.
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