How Much Did Andrew Technologies Raise?
Funding & Key Investors

Andrew Technologies, an electronic contract manufacturer based in Wheeling, IL, has secured significant enterprise-level funding, with its total capital raised standing at $14.1M. The company recently received a major strategic investment amounting to $150K, underscoring its pivotal role in the electronic manufacturing services sector. This recent capital infusion is expected to bolster its capabilities in comprehensive printed circuit board assembly and related services for businesses nationwide.

What is Andrew Technologies?

Andrew Technologies
ManufacturingElectronics

Andrew Technologies specializes in transforming client designs, prints, and parts lists into fully assembled circuit boards. Their expertise extends to sourcing specific components and offering a suite of value-added services, including device programming, functional testing, rework, cable installation, and specialized packaging. The company is committed to delivering high-quality electronic assemblies at competitive price points, positioning itself as a reliable partner for businesses seeking efficient and cost-effective manufacturing solutions. Their operational focus on quality assurance and timely delivery is central to their value proposition in the electronic contract manufacturing market.

How much funding has Andrew Technologies raised?

Andrew Technologies has raised a total of $14.1M across 4 funding rounds:

2011

Unspecified

$7M

2013

Unspecified

$6.3M

2016

Debt

$738K

2020

Debt

$150K

Unspecified (2011): $7M, investors not publicly disclosed

Unspecified (2013): $6.3M, investors not publicly disclosed

Debt (2016): $738K, investors not publicly disclosed

Debt (2020): $150K featuring PPP

Key Investors in Andrew Technologies

PPP

Public-Private Partnership

What's next for Andrew Technologies?

The recent major strategic investment signals a period of potential expansion and enhanced service offerings for Andrew Technologies. With a substantial enterprise-level funding context, the company is likely poised to scale its operations, invest in advanced manufacturing technologies, and potentially broaden its market reach. This strategic capital will enable Andrew Technologies to further solidify its position as a key player in the printed circuit board assembly and electronic manufacturing services industry, possibly exploring new client segments or deepening existing partnerships. The focus will likely remain on maintaining competitive pricing while elevating the quality and scope of their comprehensive assembly solutions.

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Frequently Asked Questions Regarding Andrew Technologies Financial Insights

What are the most recent funding rounds that Andrew Technologies has completed, and what were the funding rounds?
Andrew Technologies has recently completed 3 funding rounds: Debt on Apr 8, 2020, Debt on Dec 30, 2016, Unspecified on May 17, 2013.
What is the total amount of funding Andrew Technologies has raised to date?
Andrew Technologies has raised a total of $14.1M in funding to date.
How many funding rounds has Andrew Technologies completed?
Andrew Technologies has completed 3 funding rounds.
How much funding did Andrew Technologies raise in its most recent funding round?
Andrew Technologies raised $150K in its most recent funding round.
Who are the lead investors in Andrew Technologies's latest funding round?
The lead investor in Andrew Technologies'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 Andrew Technologies's history?
The largest funding round in Andrew Technologies's history was $7M.
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