How Much Did Advance Machining Raise?
Funding & Key Investors

Advance Machining has secured $793K in total capital, with its most recent financing round bringing in $443K in a major strategic investment. This significant backing underscores the company's trajectory within the industrial machinery sector.

What is Advance Machining?

Advance Machining
ManufacturingIndustrial Machinery & Equipment

Advance Machining Inc. operates within the Industrial Machinery & Equipment industry, headquartered in Hamilton, Texas. The company, which employs between 20 to 49 individuals and reports revenues between $5 million and $10 million, is a key player in its market segment. Its focus on industrial machinery positions it to benefit from broader economic trends in manufacturing and infrastructure development.

How much funding has Advance Machining raised?

Advance Machining has raised a total of $793K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$443K

Debt (2020): $350K with participation from PPP

Debt (2021): $443K led by PPP

What's next for Advance Machining?

The recent major strategic investment signals a pivotal growth phase for Advance Machining. This capital infusion is likely earmarked for expanding operational capacity, enhancing technological capabilities, or potentially entering new market verticals. The company's enterprise-level funding context suggests a mature stage of development, focused on scaling operations and solidifying its market position through strategic initiatives and continued innovation in industrial machinery.

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Frequently Asked Questions Regarding Advance Machining Financial Insights

What are the most recent funding rounds that Advance Machining has completed, and what were the funding rounds?
Advance Machining has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on May 3, 2020.
What is the total amount of funding Advance Machining has raised to date?
Advance Machining has raised a total of $793K in funding to date.
How many funding rounds has Advance Machining completed?
Advance Machining has completed 2 funding rounds.
How much funding did Advance Machining raise in its most recent funding round?
Advance Machining raised $443K in its most recent funding round.
Who are the lead investors in Advance Machining's latest funding round?
The lead investor in Advance Machining'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 Advance Machining's history?
The largest funding round in Advance Machining's history was $443K.
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