How Much Did Evans Precision Machining Raise?
Funding & Key Investors

Evans Precision Machining has secured $312K in total capital, with its most recent financing round bringing in $162K in a major strategic investment. This significant backing underscores the company's established position in the precision machining sector.

What is Evans Precision Machining?

Evans Precision Machining
ManufacturingIndustrial Machinery & Equipment

Evans Precision Machining, Inc. is a seasoned provider of CNC machining services, boasting over 46 years of operational experience. The company caters to a diverse range of high-stakes industries, including aerospace, electronics, medical, robotics, and defense. Their expertise spans both micro-machining and standard machining processes, utilizing materials such as aluminum and titanium to produce parts with exacting tolerances. Evans Precision Machining is recognized for its commitment to precision and its customer-centric approach, supported by certifications like AS9100 Rev. D and ISO 9001:2015.

How much funding has Evans Precision Machining raised?

Evans Precision Machining has raised a total of $312K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$162K

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

Debt (2021): $162K led by PPP

Key Investors in Evans Precision Machining

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Evans Precision Machining?

The company's recent large-scale late-stage funding indicates a strategic push for expansion or significant operational upgrades. This capital infusion is likely to fuel advancements in their micro-machining capabilities, enhance their capacity to serve demanding sectors like aerospace and defense, and potentially broaden their material processing expertise. Evans Precision Machining is poised to leverage this investment to solidify its market leadership and pursue new growth opportunities in technologically advanced industries.

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Frequently Asked Questions Regarding Evans Precision Machining Financial Insights

What are the most recent funding rounds that Evans Precision Machining has completed, and what were the funding rounds?
Evans Precision Machining has recently completed 2 funding rounds: Debt on Jan 31, 2021, Debt on May 1, 2020.
What is the total amount of funding Evans Precision Machining has raised to date?
Evans Precision Machining has raised a total of $312K in funding to date.
How many funding rounds has Evans Precision Machining completed?
Evans Precision Machining has completed 2 funding rounds.
How much funding did Evans Precision Machining raise in its most recent funding round?
Evans Precision Machining raised $162K in its most recent funding round.
Who are the lead investors in Evans Precision Machining's latest funding round?
The lead investor in Evans Precision Machining'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 Evans Precision Machining's history?
The largest funding round in Evans Precision Machining's history was $162K.
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