How Much Did Altech Machining Raise?
Funding & Key Investors

Altech Machining has secured $150K in total financing, with its most recent capital infusion amounting to $150K from a major strategic investment. This significant backing underscores the company's established position in the advanced manufacturing sector.

What is Altech Machining?

Altech Machining
ManufacturingAutomotive PartsAerospace & Defense

Altech Machining, Inc., operating since 1978 from Southern California, is a specialized manufacturer focused on high-precision components for the aerospace and submarine industries. The company prides itself on its commitment to quality, leveraging a team of highly skilled personnel and maintaining a robust quality management system, evidenced by its ISO9001:2015/AS9100D certification. Altech offers comprehensive subcontracting services and has recently enhanced its capabilities through the integration of advanced CNC machinery into its 6,000+ square foot facility, ensuring continual improvement and customer satisfaction.

How much funding has Altech Machining raised?

Altech Machining has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Altech Machining

PPP

Public-Private Partnership

What's next for Altech Machining?

The substantial large-scale late-stage funding indicates Altech Machining is poised for significant expansion and technological advancement. This strategic investment will likely fuel further upgrades to its manufacturing capabilities, potentially enabling the company to take on larger contracts and explore new market opportunities within the defense and aerospace sectors. Continued investment in advanced machinery and skilled personnel will be crucial for maintaining its competitive edge and meeting the stringent demands of its clientele.

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Frequently Asked Questions Regarding Altech Machining Financial Insights

What are the most recent funding rounds that Altech Machining has completed, and what were the funding rounds?
Altech Machining has recently completed 1 funding rounds: Debt on May 4, 2020.
What is the total amount of funding Altech Machining has raised to date?
Altech Machining has raised a total of $150K in funding to date.
How many funding rounds has Altech Machining completed?
Altech Machining has completed 1 funding rounds.
How much funding did Altech Machining raise in its most recent funding round?
Altech Machining raised $150K in its most recent funding round.
Who are the lead investors in Altech Machining's latest funding round?
The lead investor in Altech 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 Altech Machining's history?
The largest funding round in Altech Machining's history was $150K.
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