How Much Did Galaxy Electronics Raise?
Funding & Key Investors

Galaxy Electronics, a Richardson, Texas-based technology and manufacturing firm, has secured $379K in total capital, with its most recent strategic investment amounting to $229K. This significant backing underscores the company's established position in the custom cable assembly market.

What is Galaxy Electronics?

Galaxy Electronics
ManufacturingTelecommunication EquipmentWire & Cable

Founded in 1988, Galaxy Electronics specializes in the custom manufacturing of fiber optic cables, copper cables, wire harness assemblies, and panel assemblies. Operating from a 35,000 square foot facility, the company leverages over a century of collective manufacturing experience to provide comprehensive interconnect solutions for the voice and data telecommunications industries. Their capabilities extend to aerospace cable assemblies, catering to precise buyer specifications and solidifying their role as a key solutions provider in a competitive landscape.

How much funding has Galaxy Electronics raised?

Galaxy Electronics has raised a total of $379K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$229K

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

Debt (2021): $229K led by PPP

Key Investors in Galaxy Electronics

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Galaxy Electronics?

The substantial late-stage investment signals a period of accelerated growth and strategic expansion for Galaxy Electronics. This capital infusion is likely to fuel advancements in manufacturing capabilities, potential market penetration, and the development of next-generation interconnect solutions. The company's focus on custom solutions positions it well to capitalize on increasing demand for specialized telecommunications infrastructure components.

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Frequently Asked Questions Regarding Galaxy Electronics Financial Insights

What are the most recent funding rounds that Galaxy Electronics has completed, and what were the funding rounds?
Galaxy Electronics has recently completed 2 funding rounds: Debt on Mar 1, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Galaxy Electronics has raised to date?
Galaxy Electronics has raised a total of $379K in funding to date.
How many funding rounds has Galaxy Electronics completed?
Galaxy Electronics has completed 2 funding rounds.
How much funding did Galaxy Electronics raise in its most recent funding round?
Galaxy Electronics raised $229K in its most recent funding round.
Who are the lead investors in Galaxy Electronics's latest funding round?
The lead investor in Galaxy Electronics'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 Galaxy Electronics's history?
The largest funding round in Galaxy Electronics's history was $229K.
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