How Much Did LeMatic Raise?
Funding & Key Investors

LeMatic, a long-standing player in industrial bakery automation, has secured $1.1M in total capital, with its most recent financing round bringing in $776K through a major strategic investment on January 27, 2021. This significant backing underscores the company's established position and ongoing strategic initiatives within the commercial bakery sector.

What is LeMatic?

LeMatic
ManufacturingIndustrial Machinery & Equipment

Founded in 1972 and headquartered in Jackson, Michigan, LeMatic is a global leader in providing innovative slicing, packaging, and automated handling solutions for commercial bakeries. The company specializes in designing and manufacturing high-performance automation systems engineered for high-volume production environments. Their comprehensive product portfolio includes high-speed slicers, automated stackers, advanced vision systems, and robotic integration, all built to meet stringent durability and food safety standards. LeMatic complements its manufacturing prowess with robust aftermarket services, ensuring operational continuity and peak performance for its clientele.

How much funding has LeMatic raised?

LeMatic has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$776K

Debt (2020): $350K with participation from PPP

Debt (2021): $776K led by PPP

Key Investors in LeMatic

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for LeMatic?

The recent major strategic investment suggests LeMatic is poised for further expansion and technological advancement. Given its history and focus on efficiency and product consistency, this capital infusion is likely to fuel enhancements in its automation technologies, potentially expanding its market reach or deepening its integration capabilities within the global bakery supply chain. The company's enterprise-level funding context indicates a mature stage, focusing on scaling operations and solidifying its competitive advantage through innovation and strategic partnerships.

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Frequently Asked Questions Regarding LeMatic Financial Insights

What are the most recent funding rounds that LeMatic has completed, and what were the funding rounds?
LeMatic has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 28, 2020.
What is the total amount of funding LeMatic has raised to date?
LeMatic has raised a total of $1.1M in funding to date.
How many funding rounds has LeMatic completed?
LeMatic has completed 2 funding rounds.
How much funding did LeMatic raise in its most recent funding round?
LeMatic raised $776K in its most recent funding round.
Who are the lead investors in LeMatic's latest funding round?
The lead investor in LeMatic'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 LeMatic's history?
The largest funding round in LeMatic's history was $776K.
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