What is Lake Region Micro Electronics?
Lake Region Micro Electronics Corp. operates as a specialized distributor focused on sourcing a vast array of electronic components, boasting a catalog of over 10 million products. The company serves a diverse clientele across high-stakes sectors including the US Military, Defense Contractors, Aerospace, Aviation, Marine, Telecommunication, Medical, Commercial, and Industrial markets. As a 100% woman-owned business, Lake Region Micro places a strong emphasis on rigorous quality control and dedicated customer advocacy throughout its procurement and distribution processes. Their service offerings include expedited same-day shipping, custom packaging solutions, and a foundational commitment to fostering enduring trust with their clients.
How much funding has Lake Region Micro Electronics raised?
Lake Region Micro Electronics has raised a total of $26K across 1 funding round:
Debt
$26K
Debt (2021): $26K with participation from PPP
What's next for Lake Region Micro Electronics?
The recent capital injection, described as substantial expansion capital, positions Lake Region Micro Electronics for significant growth. Given the company's established presence in critical defense and aerospace supply chains and its status as a woman-owned business, this funding is likely earmarked for enhancing inventory management, expanding logistical capabilities, and potentially broadening its product sourcing network. The company's strategic focus on quality and customer advocacy, coupled with its extensive product database, provides a solid foundation for leveraging this investment to capture greater market share and solidify its role as a key supplier in demanding industries.
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