What is Cross Technology?
Cross Technology Inc. is a comprehensive solutions provider specializing in design, engineering, precision machining, custom machine assembly, wire harnessing, product assembly, and injection molding, alongside its proprietary Nu-Tech heat shrink products. The company emphasizes building robust partnerships with its clientele, delivering high-quality precision components with an emphasis on reduced lead times. Supported by a skilled workforce, Cross Technology aims to be the premier partner for diverse industrial sectors requiring end-to-end product development, from initial concept to full-scale production.
How much funding has Cross Technology raised?
Cross Technology has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Cross Technology
PPP
Public-Private Partnership
What's next for Cross Technology?
The substantial late-stage funding positions Cross Technology for significant growth and strategic initiatives. This capital infusion is likely to fuel advancements in its manufacturing capabilities, potentially expanding its service offerings in precision machining and assembly, and reinforcing its market presence. The company's focus on shorter lead times and comprehensive product development suggests a strategy geared towards capturing larger contracts and solidifying its role as a key supplier in its target industries.
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