How Much Did Engineering Development Laboratory Raise?
Funding & Key Investors

Engineering Development Laboratory (EDL) has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant strategic investment underscores the company's established position in the electronics manufacturing services sector, particularly within Southeastern Virginia. The company's consistent performance over three decades highlights its capacity for innovative engineering solutions and reliable production.

What is Engineering Development Laboratory?

Engineering Development Laboratory
ManufacturingElectronics

Engineering Development Laboratory, Inc. (EDL) is a distinguished electronics manufacturing services (EMS) provider with a 32-year track record. Specializing in the production of complex Printed Circuit Board (PCB) assemblies, electro-mechanical assemblies (box builds), and mechanical assemblies, EDL serves a diverse clientele. The company leverages its experienced, IPC-certified personnel and advanced, automated manufacturing lines to meet demands ranging from rapid prototypes to high-volume production and subsequent warranty support. Its commitment to innovative engineering, quality, on-time delivery, and customer service directly benefits its clients' bottom lines.

How much funding has Engineering Development Laboratory raised?

Engineering Development Laboratory has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Engineering Development Laboratory

PPP

Public-Private Partnership

What's next for Engineering Development Laboratory?

The substantial capital infusion, indicated by the $150K and the recent strategic investment of $150K, positions Engineering Development Laboratory for continued growth and expansion. As a large-scale, late-stage company, this financing is likely to fuel advancements in manufacturing technology, capacity expansion, and potentially the exploration of new market segments or service offerings. The company's established reputation for excellence suggests a strategic deployment of these funds to further solidify its competitive advantage in the EMS industry.

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Frequently Asked Questions Regarding Engineering Development Laboratory Financial Insights

What are the most recent funding rounds that Engineering Development Laboratory has completed, and what were the funding rounds?
Engineering Development Laboratory has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Engineering Development Laboratory has raised to date?
Engineering Development Laboratory has raised a total of $150K in funding to date.
How many funding rounds has Engineering Development Laboratory completed?
Engineering Development Laboratory has completed 1 funding rounds.
How much funding did Engineering Development Laboratory raise in its most recent funding round?
Engineering Development Laboratory raised $150K in its most recent funding round.
Who are the lead investors in Engineering Development Laboratory's latest funding round?
The lead investor in Engineering Development Laboratory'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 Engineering Development Laboratory's history?
The largest funding round in Engineering Development Laboratory's history was $150K.
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