How Much Did Frecon Technologies Raise?
Funding & Key Investors

Frecon Technologies, a seasoned provider of CNC machining solutions, has secured significant capital, indicated by $150K in total funding. The company recently announced a major strategic investment, with $150K being a key component of its latest financing round, dated April 27, 2020. This substantial backing underscores the company's established market presence and its strategic positioning for continued expansion in the precision manufacturing sector.

What is Frecon Technologies?

Frecon Technologies
ManufacturingIndustrial Machinery & Equipment

With over 35 years of operational expertise, Frecon Technologies stands as a leading entity in CNC machining. The company offers a comprehensive suite of services, including advanced CNC milling, turning, waterjet cutting, and laser cutting. Frecon Technologies serves a broad spectrum of clients, ranging from emerging startups to established Fortune 500 corporations, adeptly translating complex concepts into high-quality manufactured products. Their commitment to precision, quality, and customer satisfaction is driven by a team of seasoned professionals leveraging state-of-the-art technology and equipment to meet the rigorous demands of modern industry.

How much funding has Frecon Technologies raised?

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

2020

Debt

$150K

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

What's next for Frecon Technologies?

The recent strategic investment, alongside the overall substantial capital raised as represented by $150K, positions Frecon Technologies for accelerated growth and innovation. This financing is expected to fuel advancements in their technological capabilities, potentially expanding their service offerings and market reach. As a company with a long-standing reputation for excellence in CNC machining, this capital infusion will likely enable Frecon Technologies to further solidify its competitive advantage, pursue new market opportunities, and continue its trajectory as a key player in precision manufacturing solutions.

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Frequently Asked Questions Regarding Frecon Technologies Financial Insights

What are the most recent funding rounds that Frecon Technologies has completed, and what were the funding rounds?
Frecon Technologies has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Frecon Technologies has raised to date?
Frecon Technologies has raised a total of $150K in funding to date.
How many funding rounds has Frecon Technologies completed?
Frecon Technologies has completed 1 funding rounds.
How much funding did Frecon Technologies raise in its most recent funding round?
Frecon Technologies raised $150K in its most recent funding round.
Who are the lead investors in Frecon Technologies's latest funding round?
The lead investor in Frecon Technologies'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 Frecon Technologies's history?
The largest funding round in Frecon Technologies's history was $150K.
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