How Much Did API Precision Machining Raise?
Funding & Key Investors

API Precision Machining, a long-standing independent precision machining manufacturer with a history dating back to 1945, has recently secured a major strategic investment as part of its large-scale late-stage funding round. The total capital raised to date stands at $150K, with the most recent financing event contributing $150K to the company's growth initiatives. This strategic backing underscores the company's established position in demanding industrial sectors.

What is API Precision Machining?

API Precision Machining
ManufacturingIndustrial Machinery & EquipmentAerospace & Defense

API Precision Machining Inc. is a distinguished precision machining manufacturer with nearly eight decades of operational heritage. Originally founded as Commerce Welding and Manufacturing, Inc. in 1945, the company evolved through various iterations, including Aircraft Products, Inc., gaining significant recognition for its contributions to the Saturn/Apollo Program and earning accolades from institutions like the Smithsonian Institute and Boeing. Throughout the 1980s and 1990s, it became a leader in the telecommunications sector, receiving multiple supplier awards. The company's renewed involvement in space exploration includes manufacturing precision parts for the NASA International Space Station. Renamed API Precision Machining Inc. in 2003, the company holds ISO 9001:2015 certification and is certified as a Women Business Enterprise and a Historically Underutilized Business. Its expertise spans aerospace, telecommunications, space exploration, and energy, delivering complex machined components that meet stringent precision, reliability, and quality performance standards.

How much funding has API Precision Machining raised?

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

2020

Debt

$150K

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

What's next for API Precision Machining?

The recent major strategic investment, as part of API Precision Machining's large-scale late-stage funding, signals a period of accelerated growth and potential expansion for the company. This capital infusion is likely to support advancements in manufacturing capabilities, technological integration, and market penetration within its core sectors of aerospace, telecommunications, space exploration, and energy. The company's established reputation for quality and its certifications as a Women Business Enterprise and HUB position it favorably for continued success and strategic partnerships in high-demand industries.

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Frequently Asked Questions Regarding API Precision Machining Financial Insights

What are the most recent funding rounds that API Precision Machining has completed, and what were the funding rounds?
API Precision Machining has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding API Precision Machining has raised to date?
API Precision Machining has raised a total of $150K in funding to date.
How many funding rounds has API Precision Machining completed?
API Precision Machining has completed 1 funding rounds.
How much funding did API Precision Machining raise in its most recent funding round?
API Precision Machining raised $150K in its most recent funding round.
Who are the lead investors in API Precision Machining's latest funding round?
The lead investor in API Precision 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 API Precision Machining's history?
The largest funding round in API Precision Machining's history was $150K.
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