How Much Did Concept Automation Raise?
Funding & Key Investors

Concept Automation has secured $156K in total financing, with its most recent capital infusion amounting to $156K. This significant strategic investment underscores the company's established position in the market and its trajectory towards further scaling and development. The company's funding history, which includes a notable debt financing round in January 2021, points to a robust financial strategy aimed at supporting its operational growth and technological advancements in integration services.

What is Concept Automation?

Concept Automation
ManufacturingIndustrial Machinery & Equipment

Concept Automation specializes in providing comprehensive integration services for weighing, counting, and packaging systems, with a particular focus on wrapping and VFFS applications. The company leverages modern PLC controls and commercially available motion controllers to ensure easy serviceability and cost-effectiveness. Its equipment features intuitive, full-color touch-screen operator interfaces designed for ease of use, even by less experienced personnel. For maintenance, Concept Automation provides advanced, Adobe-generated documentation with hyperlinks for quick navigation to troubleshooting and parts guides. The company excels in servo and stepper motion control, utilizing electronic "gearing" to eliminate mechanical linkages, thereby enhancing safety, reliability, and flexibility. Their expertise extends to designing and constructing a full line of candy and energy bar manufacturing equipment, including mixers, enrobers, cooling tunnels, and wrappers, alongside product handling and box/carton packaging solutions.

How much funding has Concept Automation raised?

Concept Automation has raised a total of $156K across 1 funding round:

2021

Debt

$156K

Debt (2021): $156K with participation from PPP

Key Investors in Concept Automation

PPP

Public-Private Partnership

What's next for Concept Automation?

With its substantial backing, Concept Automation is poised for significant expansion and innovation. The large-scale, late-stage funding suggests a strategic focus on scaling production capabilities, enhancing its technological offerings, and potentially broadening its market reach. Future developments are likely to involve further integration of advanced automation technologies, refinement of its user-friendly interfaces, and the expansion of its product line to meet evolving industry demands. This capital infusion will enable Concept Automation to solidify its leadership in specialized integration services for the packaging and food manufacturing sectors, driving efficiency and value for its clients.

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Frequently Asked Questions Regarding Concept Automation Financial Insights

What are the most recent funding rounds that Concept Automation has completed, and what were the funding rounds?
Concept Automation has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Concept Automation has raised to date?
Concept Automation has raised a total of $156K in funding to date.
How many funding rounds has Concept Automation completed?
Concept Automation has completed 1 funding rounds.
How much funding did Concept Automation raise in its most recent funding round?
Concept Automation raised $156K in its most recent funding round.
Who are the lead investors in Concept Automation's latest funding round?
The lead investor in Concept Automation'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 Concept Automation's history?
The largest funding round in Concept Automation's history was $156K.
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