How Much Did Grosse Tool & Machine Raise?
Funding & Key Investors

Grosse Tool & Machine has secured $79K in total financing, with a recent infusion of $79K designated as substantial expansion capital. This recent backing, dated February 1, 2021, signifies a key growth phase for the precision machining services provider, aligning with a significant Series B/C stage of development.

What is Grosse Tool & Machine?

Grosse Tool & Machine
ManufacturingIndustrial Machinery & Equipment

Grosse Tool & Machine operates as a full-service precision machine shop based in Warren, Michigan. The company specializes in a comprehensive range of machining services, including large-diameter vertical turning up to 156 inches, utilizing Bullard VTLs, CNC turning up to 57 inches in diameter, 4-axis CNC milling, OD & ID grinding, and lathe turning capabilities for components up to 16 feet between centers. They also offer Jig Boring services, positioning them as a versatile partner for complex manufacturing needs.

How much funding has Grosse Tool & Machine raised?

Grosse Tool & Machine has raised a total of $79K across 1 funding round:

2021

Debt

$79K

Debt (2021): $79K with participation from PPP

What's next for Grosse Tool & Machine?

The substantial expansion capital recently obtained by Grosse Tool & Machine indicates a strategic push towards scaling operations and potentially enhancing its technological capabilities or market reach. This financing round, occurring at a significant Series B/C stage, suggests the company is poised for accelerated growth, likely focusing on expanding its capacity to meet larger or more intricate client demands within the precision machining sector. Future developments may involve investments in advanced machinery, workforce expansion, or strategic partnerships to solidify its market position.

See full Grosse Tool & Machine company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

ManufacturingTextiles & ApparelRetailApparel & Accessories Retail
ManufacturingTelecommunication Equipment
Industrial Machinery & EquipmentManufacturing
ManufacturingTires & RubberOffice Products Retail & DistributionRetail

Frequently Asked Questions Regarding Grosse Tool & Machine Financial Insights

What are the most recent funding rounds that Grosse Tool & Machine has completed, and what were the funding rounds?
Grosse Tool & Machine has recently completed 1 funding rounds: Debt on Feb 1, 2021.
What is the total amount of funding Grosse Tool & Machine has raised to date?
Grosse Tool & Machine has raised a total of $79K in funding to date.
How many funding rounds has Grosse Tool & Machine completed?
Grosse Tool & Machine has completed 1 funding rounds.
How much funding did Grosse Tool & Machine raise in its most recent funding round?
Grosse Tool & Machine raised $79K in its most recent funding round.
Who are the lead investors in Grosse Tool & Machine's latest funding round?
The lead investor in Grosse Tool & Machine'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 Grosse Tool & Machine's history?
The largest funding round in Grosse Tool & Machine's history was $79K.
See more information about Grosse Tool & Machine