How Much Did Current Raise?
Funding & Key Investors

Current Inc., a U.S.-based manufacturer specializing in laminated plastics and thermoset composite materials, has secured $350K in total funding. The company recently announced a major strategic investment, with the specific amount of $350K being a key component of its latest financing round, which occurred on April 27, 2020. This capital infusion signals a significant phase for the company as it continues to serve demanding sectors such as oil & gas, aerospace, and marine.

What is Current?

Current
ManufacturingPlastic, Packaging & Containers

Current Inc. is a prominent U.S. manufacturer that provides a comprehensive array of products, including laminated sheets, tubing, rods, and custom-fabricated components. These materials are engineered for high-performance electrical, mechanical, and structural applications across various industries. The company distinguishes itself through its collaborative approach, working closely with clients to develop bespoke solutions that meet stringent project specifications. Their expertise in precision manufacturing and commitment to quality positions them as a reliable partner for original equipment manufacturers (OEMs), fabricators, and assembly operations seeking advanced composite materials.

How much funding has Current raised?

Current has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Current?

With the recent strategic investment and a history of debt financing, Current Inc. is poised for continued expansion and technological advancement in the competitive composite materials market. The company's focus on high-performance solutions for critical industries like aerospace and oil & gas suggests a strategic direction towards scaling production capabilities and potentially enhancing research and development efforts. This latest capital injection is expected to bolster their capacity to innovate and meet the evolving demands of their client base, reinforcing their market position as a key supplier of specialized laminated plastics and thermoset composites.

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Frequently Asked Questions Regarding Current Financial Insights

What are the most recent funding rounds that Current has completed, and what were the funding rounds?
Current has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Current has raised to date?
Current has raised a total of $350K in funding to date.
How many funding rounds has Current completed?
Current has completed 1 funding rounds.
How much funding did Current raise in its most recent funding round?
Current raised $350K in its most recent funding round.
Who are the lead investors in Current's latest funding round?
The lead investor in Current'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 Current's history?
The largest funding round in Current's history was $350K.
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