What is Frakes Engineering?
Headquartered in Indianapolis, Frakes Engineering operates as a premier full-service control systems integrator. The firm distinguishes itself through a specialized focus on PC and PLC-based Supervisory Control and Data Acquisition (SCADA) systems. With a workforce of over 30 highly skilled engineers and programmers, the company provides comprehensive solutions ranging from robotics and machine vision to industrial cybersecurity. Their 22,000-square-foot facility serves as a hub for innovation, housing state-of-the-art panel fabrication capabilities that adhere to stringent UL 508A and UL 913 standards. By offering 24-hour emergency support and dedicated space for Factory Acceptance Testing, Frakes Engineering maintains a competitive edge in delivering high-reliability automation for the food, beverage, and pulp and paper industries.
How much funding has Frakes Engineering raised?
Frakes Engineering has raised a total of $514K across 2 funding rounds:
Debt
$150K
Debt
$364K
Debt (2020): $150K with participation from PPP
Debt (2021): $364K led by PPP
Key Investors in Frakes Engineering
PPP
Public-Private Partnership
What's next for Frakes Engineering?
With this major enterprise-level funding, Frakes Engineering is strategically positioned to scale its operations and enhance its technological infrastructure. The firm is expected to prioritize the expansion of its cybersecurity offerings and advanced robotics integration, addressing the growing demand for secure, automated industrial environments. As the company continues to refine its open-architecture SCADA solutions, the recent capital will likely facilitate further investment in talent acquisition and facility upgrades. This growth trajectory suggests a sustained commitment to maintaining its status as a leader in the control systems integration market, ensuring that clients receive cutting-edge support for their evolving automation requirements.
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