How Much Did CB Quality Machining & Engineering Raise?
Funding & Key Investors

CB Quality Machining & Engineering has secured $2.4M in total capital, with its most recent financing round bringing in $1.7M. This major strategic investment underscores the company's significant enterprise-level funding trajectory and its established position within the precision machining sector. The company's funding history, marked by several debt financings, indicates a consistent approach to capital acquisition for operational growth and expansion.

What is CB Quality Machining & Engineering?

CB Quality Machining & Engineering
ManufacturingIndustrial Machinery & Equipment

CB Quality Machining & Engineering, based in Buffalo, MN, operates as a contract manufacturer specializing in high-precision machining services. Its core competencies include contract milling, turning, assembly, and comprehensive supply chain management. The company caters to demanding industries such as aerospace, military, medical, and energy, where the delivery of high-quality parts and assemblies is paramount. CB Quality Machining distinguishes itself through a steadfast commitment to innovation, reliability, and exacting precision, fostering trust and confidence among its clientele. Operational excellence is underpinned by a strong emphasis on teamwork and meticulous attention to detail.

How much funding has CB Quality Machining & Engineering raised?

CB Quality Machining & Engineering has raised a total of $2.4M across 3 funding rounds:

2020

Debt

$350K

2021

Debt

$327K

2024

Debt

$1.7M

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

Debt (2021): $327K led by PPP

Debt (2024): $1.7M supported by BankCherokee

Key Investors in CB Quality Machining & Engineering

PPP

Public-Private Partnership

BankCherokee

BankCherokee is a financial institution likely providing debt financing and banking services, supporting the company's capital needs for growth and operational stability.

PPP

Public-Private Partnership

What's next for CB Quality Machining & Engineering?

The recent major strategic investment in CB Quality Machining & Engineering signals a pivotal moment for the company's growth and market penetration. This capital infusion is expected to fuel further advancements in its precision machining capabilities, potentially enabling expansion into new technological frontiers or enhancing its service offerings to existing sectors. The company's focus on serving high-stakes industries suggests that future strategic initiatives will likely involve scaling production, investing in advanced manufacturing technologies, and strengthening its supply chain resilience to meet evolving client demands and maintain its competitive edge in the aerospace, military, medical, and energy markets.

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Frequently Asked Questions Regarding CB Quality Machining & Engineering Financial Insights

What are the most recent funding rounds that CB Quality Machining & Engineering has completed, and what were the funding rounds?
CB Quality Machining & Engineering has recently completed 3 funding rounds: Debt on Sep 30, 2024, Debt on Feb 24, 2021, Debt on Apr 6, 2020.
What is the total amount of funding CB Quality Machining & Engineering has raised to date?
CB Quality Machining & Engineering has raised a total of $2.4M in funding to date.
How many funding rounds has CB Quality Machining & Engineering completed?
CB Quality Machining & Engineering has completed 3 funding rounds.
How much funding did CB Quality Machining & Engineering raise in its most recent funding round?
CB Quality Machining & Engineering raised $1.7M in its most recent funding round.
Who are the lead investors in CB Quality Machining & Engineering's latest funding round?
The lead investor in CB Quality Machining & Engineering's latest funding round was BankCherokee. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CB Quality Machining & Engineering's history?
The largest funding round in CB Quality Machining & Engineering's history was $1.7M.
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