What is American Power Source?
American Power Source is a minority-owned business based in Fall River, Massachusetts, specializing in research and development samples and initial garment prototyping. While operating as a small business, the company possesses substantial large-volume production capabilities, leveraging a network of domestic subcontractors across Alabama, New York, and Boston, as well as international partners. The American Players brand, under its umbrella, offers a diverse range of 30 different garments, showcasing its product breadth.
How much funding has American Power Source raised?
American Power Source has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in American Power Source
PPP
Public-Private Partnership
What's next for American Power Source?
The recent large-scale, late-stage funding indicates American Power Source is poised for significant scaling and market expansion. This strategic investment will likely fuel advancements in production capacity, broader market penetration for the American Players brand, and potentially further research and development initiatives. The company's ability to manage both prototyping and high-volume production, supported by a robust subcontractor network, positions it for sustained growth and increased market share.
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