What is Hi-Tech Fasteners?
Hi-Tech Fasteners specializes in the provision of a comprehensive array of stainless steel fasteners. Their product catalog includes a variety of screws, such as Plasti Hold Screws, self-drilling screws, and tapping screws, available in multiple head types like hex, pan, and truss. The company emphasizes corrosion resistance and reliability, utilizing materials like 410 stainless steel and multi-metal options. Hi-Tech Fasteners serves a broad client base seeking dependable fastening solutions for diverse applications, aiming to be a key supplier in the industrial hardware market.
How much funding has Hi-Tech Fasteners raised?
Hi-Tech Fasteners has raised a total of $210K across 1 funding round:
Debt
$210K
Debt (2021): $210K with participation from PPP
Key Investors in Hi-Tech Fasteners
PPP
Public-Private Partnership
What's next for Hi-Tech Fasteners?
The substantial capital infusion, particularly the recent major strategic investment, positions Hi-Tech Fasteners for accelerated growth and market expansion. As a company in a large-scale late-stage funding phase, future initiatives are likely to involve enhancing production capacity, optimizing supply chain logistics, and potentially exploring new product lines or geographical markets. This strategic financing will enable Hi-Tech Fasteners to solidify its competitive advantage and pursue further innovation in the stainless steel fastener industry.
See full Hi-Tech Fasteners company page