What is FormFab?
FormFab is a seasoned manufacturer with over 50 years of experience, specializing in custom tubing fabrication services. Their expertise encompasses tube bending, forming, and the production of precision bent metal assemblies and fixtures tailored for low to medium volume production. Serving Tier 1 customers and specialized OEM manufacturers, FormFab operates across demanding sectors including automotive, aerospace, and defense. Their facilities in Rochester Hills, Michigan, are IATF 16949:2016 certified and equipped with advanced technology, reflecting a commitment to high-quality standards and a customer-centric approach from design through to production.
How much funding has FormFab raised?
FormFab has raised a total of $968K across 2 funding rounds:
Debt
$350K
Debt
$618K
Debt (2020): $350K with participation from PPP
Debt (2021): $618K led by PPP
Key Investors in FormFab
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for FormFab?
The recent major strategic investment indicates FormFab is poised for significant expansion and technological advancement. This capital infusion is expected to fuel further development in their state-of-the-art manufacturing capabilities and potentially broaden their market reach within the automotive, aerospace, and defense industries. With a strong foundation built on decades of experience and a focus on precision fabrication, FormFab is strategically positioned to capitalize on emerging opportunities and enhance its competitive edge in the custom tubing and metal assembly market.
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