How Much Did LBI Raise?
Funding & Key Investors

LBI has successfully secured a significant capital injection, marking a pivotal moment in its corporate trajectory. With a total funding amount reaching $150K, the firm continues to solidify its position as a leader in marine systems engineering. This recent funding amount of $150K serves as a major strategic investment, enabling the company to scale its manufacturing capabilities and expand its research initiatives for both defense and commercial maritime applications.

What is LBI?

LBI
ManufacturingTest & Measurement EquipmentBoats & Submarines

LBI Corp operates at the intersection of advanced research, development, and precision manufacturing, specializing in innovative marine system solutions. The company provides a comprehensive suite of services that spans the entire product lifecycle, from initial design and prototype development to rigorous testing and final manufacturing. By focusing on the creation of robust, reliable autonomous systems designed for the most demanding marine environments, LBI has established itself as a critical partner for high-stakes clients, including the Department of Defense and NOAA. Their portfolio, which features sophisticated mooring systems, underwater gliders, and mine neutralizers, underscores their technical proficiency in delivering mission-critical hardware for complex underwater operations.

How much funding has LBI raised?

LBI has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in LBI

PPP

Public-Private Partnership

What's next for LBI?

With this latest infusion of capital, LBI is well-positioned to accelerate its growth within the defense technology sector. The strategic allocation of these funds will likely focus on enhancing production throughput and refining the autonomy of their underwater systems to meet the evolving requirements of global maritime security. As the demand for persistent, autonomous surveillance and environmental monitoring grows, LBI is poised to leverage its engineering expertise to capture a larger share of the market. Future initiatives will likely prioritize the integration of next-generation sensor suites and the expansion of their manufacturing footprint to support larger-scale deployments for government and commercial stakeholders alike.

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Frequently Asked Questions Regarding LBI Financial Insights

What are the most recent funding rounds that LBI has completed, and what were the funding rounds?
LBI has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding LBI has raised to date?
LBI has raised a total of $150K in funding to date.
How many funding rounds has LBI completed?
LBI has completed 1 funding rounds.
How much funding did LBI raise in its most recent funding round?
LBI raised $150K in its most recent funding round.
Who are the lead investors in LBI's latest funding round?
The lead investor in LBI'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 LBI's history?
The largest funding round in LBI's history was $150K.
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