What is Laser Precise?
Established in 1990 and based in Knoxville, TN, Laser Precise, Inc. operates as a specialized job shop focused on laser cutting, bending, and comprehensive metal fabrication. The company distinguishes itself through its capability to deliver precision parts and services, including advanced 3D laser cutting and intricate laser etching, all while adhering to stringent tolerance requirements and rapid turnaround times. LPI's operational scope extends across the continental United States and internationally, serving a broad spectrum of industries with its commitment to transforming client design concepts into tangible, high-quality manufactured goods.
How much funding has Laser Precise raised?
Laser Precise has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Laser Precise
PPP
Public-Private Partnership
What's next for Laser Precise?
The substantial late-stage funding infusion positions Laser Precise for accelerated growth and strategic expansion. This capital is likely to be deployed towards enhancing operational capacity, investing in advanced laser technology, and potentially broadening its service offerings or market reach. The company's focus on precision and quick delivery, combined with this significant financial backing, suggests a strategic move to solidify its market leadership and capitalize on emerging opportunities in advanced manufacturing.
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