How Much Did Cardinal Machine Raise?
Funding & Key Investors

Cardinal Machine Company has secured $575K in total capital, with its most recent funding round bringing in $225K in a major strategic investment. This latest financing event, dated February 3, 2021, underscores the company's ongoing efforts to bolster its operational capacity and market presence within the custom machinery and automation sector.

What is Cardinal Machine?

Cardinal Machine
ManufacturingIndustrial Machinery & Equipment

Cardinal Machine Company, established in 1972, is a family-owned American enterprise specializing in the design and fabrication of custom machines, tooling, fixtures, and comprehensive factory automation systems. The company serves a diverse range of industries by providing robust and dependable solutions for intricate manufacturing challenges. Their expertise encompasses engineering machine design, precision machining, automation equipment development, and machine rebuilding, positioning them as a key provider of integrated manufacturing solutions, from individual units to complete production lines.

How much funding has Cardinal Machine raised?

Cardinal Machine has raised a total of $575K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$225K

Debt (2020): $350K with participation from PPP

Debt (2021): $225K led by PPP

Key Investors in Cardinal Machine

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Cardinal Machine?

The substantial enterprise-level funding context suggests Cardinal Machine Company is poised for significant scaling and technological advancement. This strategic investment is likely to fuel expansion in research and development, enhance manufacturing capabilities, and potentially broaden their market reach. The company's focus on custom solutions and factory automation aligns with current industry trends favoring efficiency and bespoke manufacturing processes, indicating a strong trajectory for future growth and innovation.

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Frequently Asked Questions Regarding Cardinal Machine Financial Insights

What are the most recent funding rounds that Cardinal Machine has completed, and what were the funding rounds?
Cardinal Machine has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Cardinal Machine has raised to date?
Cardinal Machine has raised a total of $575K in funding to date.
How many funding rounds has Cardinal Machine completed?
Cardinal Machine has completed 2 funding rounds.
How much funding did Cardinal Machine raise in its most recent funding round?
Cardinal Machine raised $225K in its most recent funding round.
Who are the lead investors in Cardinal Machine's latest funding round?
The lead investor in Cardinal Machine'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 Cardinal Machine's history?
The largest funding round in Cardinal Machine's history was $350K.
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