What is Hanco?
Hanco International is a specialized manufacturer of high voltage testing machines, crucial for ensuring the quality and safety of rubber goods and personal protective equipment (PPE). The company's comprehensive product portfolio includes a variety of testers and cleaning solutions, alongside custom-designed units engineered to meet specific client requirements. Serving a global market, Hanco's equipment is deployed across all 50 U.S. states and in over 25 countries. Their commitment to adhering to stringent industry standards is complemented by robust onsite support for installation, training, and calibration services, positioning them as a reliable partner in critical safety infrastructure.
How much funding has Hanco raised?
Hanco has raised a total of $4M across 2 funding rounds:
Debt
$2M
Debt
$2M
Debt (2020): $2M with participation from PPP
Debt (2021): $2M led by PPP
Key Investors in Hanco
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Hanco?
The recent major strategic investment indicates Hanco is likely in a growth or scaling phase, potentially looking to expand its manufacturing capabilities, enhance its product development, or broaden its international market reach. This capital infusion will likely fuel further innovation in high voltage testing technology and reinforce its commitment to compliance and customer support, solidifying its position as a leader in safety equipment testing.
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