What is Control Concepts Technology?
Control Concepts Technology is a specialized provider of technical services and support, alongside the sales of fluid power, electrical, and process control systems. Their product portfolio encompasses a broad spectrum of automation components, including hydraulic power packages and custom hydraulic hose fabrication. Operating as an authorized Parker Store, the company serves as a local hub for essential products like hose assemblies, catering to industries requiring robust solutions in hydraulics, pneumatics, and electrical systems.
How much funding has Control Concepts Technology raised?
Control Concepts Technology has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Control Concepts Technology?
The company's recent major strategic investment, within the context of large-scale late-stage funding, signals a pivotal phase for Control Concepts Technology. This capital infusion is likely earmarked for expanding operational capacity, enhancing technological offerings, or pursuing strategic market penetration. As a mature entity in the industrial automation and fluid power sector, further investment will probably focus on solidifying its market leadership and exploring new avenues for innovation and service delivery.
See full Control Concepts Technology company page
