How Much Did Cast Technologies Raise?
Funding & Key Investors

Cast Technologies has secured $1M in total capital, with its most recent financing round bringing in $1M. This major strategic investment underscores the company's established position in the industrial manufacturing sector.

What is Cast Technologies?

Cast Technologies
ManufacturingBuilding MaterialsAerospace & Defense

Founded in 1887, Cast Technologies stands as a premier foundry and machine shop, specializing in brass, bronze, and aluminum casting. As Illinois' largest foundry for these metals, the company serves critical industries including marine, industrial, automotive, and aerospace. Cast Technologies distinguishes itself through integrated in-house machining and casting capabilities, ensuring comprehensive service delivery. Their long-standing commitment to quality is evident in their utilization of advanced casting technologies and rigorous quality control measures, aimed at producing defect-free components with consistent on-time delivery.

How much funding has Cast Technologies raised?

Cast Technologies has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for Cast Technologies?

The recent major strategic investment signals a phase of potential expansion or technological advancement for Cast Technologies. Given its long history and established market presence, this capital infusion is likely to support operational enhancements, capacity scaling, or the development of new casting solutions. The company's focus on continuous improvement suggests that future growth will be driven by innovation and a sustained commitment to meeting the evolving demands of its diverse industrial clientele.

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Frequently Asked Questions Regarding Cast Technologies Financial Insights

What are the most recent funding rounds that Cast Technologies has completed, and what were the funding rounds?
Cast Technologies has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Cast Technologies has raised to date?
Cast Technologies has raised a total of $1M in funding to date.
How many funding rounds has Cast Technologies completed?
Cast Technologies has completed 1 funding rounds.
How much funding did Cast Technologies raise in its most recent funding round?
Cast Technologies raised $1M in its most recent funding round.
Who are the lead investors in Cast Technologies's latest funding round?
The lead investor in Cast 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 Cast Technologies's history?
The largest funding round in Cast Technologies's history was $1M.
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