How Much Did FIRST North Carolina Raise?
Funding & Key Investors

FIRST North Carolina has successfully secured a significant capital injection, bringing its total funding to $30K. This latest financing round, which accounts for $30K, underscores the organization's pivotal role in the regional STEM education landscape. By leveraging this substantial expansion capital, the entity is well-positioned to scale its operational footprint and deepen its impact on the next generation of technical talent.

What is FIRST North Carolina?

FIRST North Carolina
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As the official Program Delivery Organization for the FIRST Robotics Competition in North Carolina, the company serves as a critical nexus for STEM engagement. Founded on the principles established by Dean Kamen, the organization bridges the gap between academic theory and practical application. By facilitating high-stakes robotics competitions, it creates a unique environment where youth collaborate with industry professionals. This model not only fosters technical proficiency in engineering and software development but also cultivates essential soft skills such as strategic problem-solving, collaborative innovation, and leadership. The organization occupies a unique market position, acting as both an educational catalyst and a workforce development pipeline for the state's burgeoning technology sector.

How much funding has FIRST North Carolina raised?

FIRST North Carolina has raised a total of $30K across 1 funding round:

2021

Debt

$30K

Debt (2021): $30K with participation from PPP

Key Investors in FIRST North Carolina

PPP

Public-Private Partnership

What's next for FIRST North Carolina?

With the infusion of this recent capital, FIRST North Carolina is poised to accelerate its strategic roadmap. The organization is expected to focus on expanding its reach into underserved school districts, thereby democratizing access to high-quality STEM mentorship. Furthermore, the funding will likely support the enhancement of its digital infrastructure and the recruitment of additional technical mentors, ensuring that the program remains at the cutting edge of educational innovation. As the organization transitions into this next phase of growth, its ability to maintain strong corporate partnerships will be paramount in sustaining its long-term mission of building a robust, future-ready workforce in North Carolina.

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Frequently Asked Questions Regarding FIRST North Carolina Financial Insights

What are the most recent funding rounds that FIRST North Carolina has completed, and what were the funding rounds?
FIRST North Carolina has recently completed 1 funding rounds: Debt on Feb 2, 2021.
What is the total amount of funding FIRST North Carolina has raised to date?
FIRST North Carolina has raised a total of $30K in funding to date.
How many funding rounds has FIRST North Carolina completed?
FIRST North Carolina has completed 1 funding rounds.
How much funding did FIRST North Carolina raise in its most recent funding round?
FIRST North Carolina raised $30K in its most recent funding round.
Who are the lead investors in FIRST North Carolina's latest funding round?
The lead investor in FIRST North Carolina'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 FIRST North Carolina's history?
The largest funding round in FIRST North Carolina's history was $30K.
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