How Much Did ionDesign Raise?
Funding & Key Investors

ionDesign has secured $406K in total capital, with its most recent financing round bringing in $256K in a major strategic investment. This significant backing underscores the company's established position in the electrical engineering and product development sector, signaling a period of accelerated growth and market expansion.

What is ionDesign?

ionDesign
ConstructionArchitecture, Engineering & DesignBusiness Services

ionDesign, Inc. is a seasoned player in the electrical engineering landscape, boasting over 23 years of experience in delivering comprehensive product design solutions. The company specializes in a full spectrum of services, including intricate PCB design and fabrication, meticulous assembly, robust mechanical design, and precise enclosure building. ionDesign provides end-to-end turnkey product design, catering to businesses that require expert guidance through the complexities of electronic product development. They also offer staffing services to bolster project management capabilities. Leveraging advanced design tools such as Cadence Allegro and Altium, ionDesign is equipped to handle sophisticated engineering challenges for clients seeking to bring innovative products to market.

How much funding has ionDesign raised?

ionDesign has raised a total of $406K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$256K

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

Debt (2021): $256K led by PPP

Key Investors in ionDesign

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for ionDesign?

With the recent influx of capital from a major strategic investment, ionDesign is poised to further solidify its market leadership and potentially expand its service offerings or technological capabilities. The 'large-scale late-stage funding' context suggests a focus on scaling operations, enhancing research and development, or pursuing strategic acquisitions to broaden its market reach. This investment will likely empower ionDesign to capitalize on its extensive experience and advanced tooling to capture greater market share in the competitive electronic product development industry.

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Frequently Asked Questions Regarding ionDesign Financial Insights

What are the most recent funding rounds that ionDesign has completed, and what were the funding rounds?
ionDesign has recently completed 2 funding rounds: Debt on Mar 1, 2021, Debt on May 3, 2020.
What is the total amount of funding ionDesign has raised to date?
ionDesign has raised a total of $406K in funding to date.
How many funding rounds has ionDesign completed?
ionDesign has completed 2 funding rounds.
How much funding did ionDesign raise in its most recent funding round?
ionDesign raised $256K in its most recent funding round.
Who are the lead investors in ionDesign's latest funding round?
The lead investor in ionDesign'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 ionDesign's history?
The largest funding round in ionDesign's history was $256K.
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