How Much Did Fascast Raise?
Funding & Key Investors

Fascast has successfully secured a significant capital injection, marking a pivotal moment in its operational trajectory. With a total historical backing of $150K, the firm recently finalized a major strategic investment of $150K. This infusion of liquidity underscores the company's robust standing within the industrial manufacturing landscape and its capacity to scale production capabilities to meet evolving market demands.

What is Fascast?

Fascast
ManufacturingBuilding MaterialsIndustrial Machinery & Equipment

Established in 1998 and headquartered in Tulsa, Oklahoma, Fascast operates as a sophisticated, automated foundry specializing in the production of ductile and gray iron components. The company serves a diverse array of critical sectors, including the water infrastructure, irrigation, oil field, and compressor industries. By leveraging specialized equipment designed for both short-run agility and rapid turnaround times, Fascast has carved out a competitive niche. Their business model centers on enhancing client profitability through high-precision casting solutions, ensuring that complex industrial requirements are met with both technical accuracy and cost-efficiency.

How much funding has Fascast raised?

Fascast has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Fascast

PPP

Public-Private Partnership

What's next for Fascast?

The recent influx of capital positions Fascast to further optimize its foundry automation and expand its footprint in the heavy industrial supply chain. As the company transitions through this late-stage growth phase, the focus will likely shift toward enhancing production throughput and integrating advanced metallurgical technologies. By reinforcing its infrastructure, Fascast is well-prepared to address the increasing demand for durable iron components, ensuring long-term sustainability and market leadership in the competitive casting sector.

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Frequently Asked Questions Regarding Fascast Financial Insights

What are the most recent funding rounds that Fascast has completed, and what were the funding rounds?
Fascast has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Fascast has raised to date?
Fascast has raised a total of $150K in funding to date.
How many funding rounds has Fascast completed?
Fascast has completed 1 funding rounds.
How much funding did Fascast raise in its most recent funding round?
Fascast raised $150K in its most recent funding round.
Who are the lead investors in Fascast's latest funding round?
The lead investor in Fascast'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 Fascast's history?
The largest funding round in Fascast's history was $150K.
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