What is MaB Technologies?
MaB Technologies specializes in providing engineered systems and industrial automation solutions, with a core focus on retrofitting existing equipment to enhance cost-effectiveness and performance. The company offers comprehensive services, including ground-up installations, field service, and tailored upgrades for the manufacturing industry. Their product portfolio features robust HMI PCs designed for demanding operational environments and an advanced data management system for efficient industrial data analysis. MaB Technologies is dedicated to providing 24/7 support to ensure continuous operational uptime for their clients' production machinery.
How much funding has MaB Technologies raised?
MaB Technologies has raised a total of $448K across 3 funding rounds:
Debt
$150K
Debt
$148K
Debt
$150K
Debt (2020): $150K with participation from PPP
Debt (2021): $148K led by PPP
Debt (2024): $150K supported by AbbyBank
Key Investors in MaB Technologies
PPP
Public-Private Partnership
AbbyBank
AbbyBank, a financial institution, has provided debt financing to MaB Technologies. Their involvement indicates a focus on supporting industrial companies through credit facilities.
PPP
Public-Private Partnership
What's next for MaB Technologies?
The substantial late-stage funding positions MaB Technologies for significant expansion and further innovation in industrial automation. This capital infusion is expected to fuel advancements in their engineered systems and data management solutions, potentially enabling the company to scale its operations, enhance its market reach, and accelerate the development of new retrofitting technologies. The strategic nature of the recent investment suggests a strong alignment with the company's long-term vision for optimizing manufacturing processes through advanced automation and reliable support.
See full MaB Technologies company page
