How Much Did LCL Electronics Raise?
Funding & Key Investors

LCL Electronics has secured $344K in total capital, with its most recent funding round bringing in $194K in a major strategic investment on March 23, 2021. This significant backing underscores the company's established position in the advanced testing and manufacturing services sector for electronic components.

What is LCL Electronics?

LCL Electronics
ManufacturingElectronicsBusiness Services

LCL Electronics, Inc. is a seasoned provider of specialized testing services for electronic components, encompassing a wide array of environmental and physical stress tests such as temperature, humidity, vibration, shock, and x-ray analysis. With a legacy spanning over three decades, the company primarily caters to government agencies, demonstrating a strong track record of reliability and adherence to stringent quality standards. Beyond its core testing capabilities, LCL Electronics also offers comprehensive electronics manufacturing and assembly solutions, including intricate wiring harness assembly, soldering, and precise laser engraving. This dual focus on high-fidelity testing and robust manufacturing positions LCL Electronics as a critical partner for entities requiring dependable and high-quality electronic solutions.

How much funding has LCL Electronics raised?

LCL Electronics has raised a total of $344K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$194K

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

Debt (2021): $194K led by PPP

Key Investors in LCL Electronics

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for LCL Electronics?

The recent strategic investment of $194K signals a pivotal moment for LCL Electronics, likely enabling expansion of its advanced testing infrastructure and manufacturing capacities. Given its substantial history and focus on government contracts, this capital infusion may facilitate the adoption of new testing technologies, enhance operational efficiency, and potentially broaden its service offerings to meet evolving industry demands. The company's commitment to superior quality, coupled with its extensive experience, positions it for continued growth and a strengthened market presence in the specialized electronics services sector.

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Frequently Asked Questions Regarding LCL Electronics Financial Insights

What are the most recent funding rounds that LCL Electronics has completed, and what were the funding rounds?
LCL Electronics has recently completed 2 funding rounds: Debt on Mar 23, 2021, Debt on Apr 10, 2020.
What is the total amount of funding LCL Electronics has raised to date?
LCL Electronics has raised a total of $344K in funding to date.
How many funding rounds has LCL Electronics completed?
LCL Electronics has completed 2 funding rounds.
How much funding did LCL Electronics raise in its most recent funding round?
LCL Electronics raised $194K in its most recent funding round.
Who are the lead investors in LCL Electronics's latest funding round?
The lead investor in LCL Electronics'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 LCL Electronics's history?
The largest funding round in LCL Electronics's history was $194K.
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