How Much Did Custom Instruments & Automation Raise?
Funding & Key Investors

Custom Instruments & Automation has reached a pivotal juncture in its corporate evolution, securing a significant Series B/C stage financing round. This latest infusion of $40K underscores the firm's robust market position within the specialized marine engineering sector. With a cumulative capital intake of $40K, the organization is well-positioned to accelerate its operational capabilities and expand its footprint in the competitive maritime technology landscape.

What is Custom Instruments & Automation?

Custom Instruments & Automation
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Established in 1993, Custom Instruments & Automation has cultivated a reputation for excellence in the design, fabrication, installation, and repair of sophisticated marine automation systems. The company provides critical technical support for both steam and diesel propulsion and control systems, serving as a vital partner for maritime operators requiring high-precision engineering. Under the leadership of President Bruce Colburn, the firm bridges the gap between legacy mechanical systems and modern automation requirements, ensuring that vessels operate with maximum efficiency and reliability. Their market position is defined by a deep-rooted expertise in industrial fabrication and a commitment to bespoke solutions that address the unique operational challenges of the marine industry.

How much funding has Custom Instruments & Automation raised?

Custom Instruments & Automation has raised a total of $40K across 1 funding round:

2021

Debt

$40K

Debt (2021): $40K with participation from PPP

Key Investors in Custom Instruments & Automation

PPP

Public-Private Partnership

What's next for Custom Instruments & Automation?

The recent injection of substantial expansion capital is expected to catalyze the company's strategic growth initiatives. By leveraging this financial backing, Custom Instruments & Automation will likely focus on scaling its service infrastructure and enhancing its proprietary automation technologies. As the maritime industry undergoes a digital transformation, the firm is poised to capture additional market share by integrating advanced diagnostic tools and automated control systems into its existing service portfolio. This phase of development will prioritize operational scalability and the strengthening of technical service teams to meet the increasing demand for reliable marine automation solutions globally.

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Frequently Asked Questions Regarding Custom Instruments & Automation Financial Insights

What are the most recent funding rounds that Custom Instruments & Automation has completed, and what were the funding rounds?
Custom Instruments & Automation has recently completed 1 funding rounds: Debt on Mar 3, 2021.
What is the total amount of funding Custom Instruments & Automation has raised to date?
Custom Instruments & Automation has raised a total of $40K in funding to date.
How many funding rounds has Custom Instruments & Automation completed?
Custom Instruments & Automation has completed 1 funding rounds.
How much funding did Custom Instruments & Automation raise in its most recent funding round?
Custom Instruments & Automation raised $40K in its most recent funding round.
Who are the lead investors in Custom Instruments & Automation's latest funding round?
The lead investor in Custom Instruments & 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 Custom Instruments & Automation's history?
The largest funding round in Custom Instruments & Automation's history was $40K.
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