How Much Did ControlTek Raise?
Funding & Key Investors

ControlTek, a veteran player in the electronic manufacturing services sector, has successfully secured a significant capital injection to bolster its operational capabilities. With a cumulative financial backing reaching $2.3M, the firm continues to demonstrate resilience and market relevance. The most recent strategic investment of $1.3M underscores the company's commitment to scaling its engineering and prototyping infrastructure to meet the evolving demands of the automotive and semiconductor industries.

What is ControlTek?

ControlTek
ManufacturingElectronicsBusiness Services

Founded in 1971 and headquartered in Vancouver, Washington, ControlTek operates as a comprehensive manufacturing partner. The company provides an end-to-end suite of services, including precision engineering, design, prototyping, assembly, and rigorous testing. By serving diverse sectors such as industrial, medical, and material handling, ControlTek has established itself as a critical node in the global supply chain. Its ability to manage complex product lifecycles from initial concept to final assembly positions it as a high-authority provider in the competitive electronic components market.

How much funding has ControlTek raised?

ControlTek has raised a total of $2.3M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.3M

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

Debt (2021): $1.3M led by PPP

Key Investors in ControlTek

PPP

Public-Private Partnership

What's next for ControlTek?

The infusion of capital is expected to accelerate ControlTek's strategic initiatives, particularly in the realms of advanced semiconductor support and automotive electronics. As the firm navigates the complexities of modern manufacturing, this financing provides the necessary liquidity to optimize production workflows and expand its technical footprint. Future growth will likely focus on integrating automated assembly technologies and enhancing its design-for-manufacturing capabilities, ensuring the company remains at the forefront of industrial innovation while maintaining its long-standing reputation for quality and reliability.

See full ControlTek company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

ElectronicsManufacturing
Automotive PartsManufacturing
Glass & ClayManufacturingBuilding Materials
Industrial Machinery & EquipmentManufacturing

Frequently Asked Questions Regarding ControlTek Financial Insights

What are the most recent funding rounds that ControlTek has completed, and what were the funding rounds?
ControlTek has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 15, 2020.
What is the total amount of funding ControlTek has raised to date?
ControlTek has raised a total of $2.3M in funding to date.
How many funding rounds has ControlTek completed?
ControlTek has completed 2 funding rounds.
How much funding did ControlTek raise in its most recent funding round?
ControlTek raised $1.3M in its most recent funding round.
Who are the lead investors in ControlTek's latest funding round?
The lead investor in ControlTek'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 ControlTek's history?
The largest funding round in ControlTek's history was $1.3M.
See more information about ControlTek