What is Advanced Plastic and Material Testing?
Advanced Plastic and Material Testing (APM Testing) is an A2LA accredited laboratory founded in 1983, specializing in comprehensive material testing services. The company offers high-quality, confidential testing for a wide array of materials including plastics, metals, rubbers, and coatings. APM Testing serves critical industries such as automotive, aerospace, and consumer products, leveraging its extensive capabilities in physical, mechanical, chemical, and thermal analyses. With a commitment to swift turnaround times and a team of experienced professionals, APM Testing provides tailored testing solutions to meet diverse client needs.
How much funding has Advanced Plastic and Material Testing raised?
Advanced Plastic and Material Testing has raised a total of $324K across 2 funding rounds:
Debt
$150K
Debt
$174K
Debt (2020): $150K with participation from PPP
Debt (2021): $174K led by PPP
What's next for Advanced Plastic and Material Testing?
The company's large-scale late-stage funding context suggests a strategic phase focused on scaling operations, enhancing technological capabilities, or expanding market reach. This capital infusion is likely to fuel further innovation in material science and testing methodologies, solidifying APM Testing's competitive advantage. Future growth may involve strategic acquisitions, development of new testing services, or deepening penetration into high-growth sectors like electric vehicles and sustainable materials.
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