How Much Did MB Electric Raise?
Funding & Key Investors

MB Electric has secured $1M in total capital, with its most recent financing round bringing in $1M. This major strategic investment underscores the company's significant progress and potential within the commercial electrical contracting and EV power solutions sector. The company's consistent ability to attract substantial backing highlights its established market presence and forward-looking strategy.

What is MB Electric?

MB Electric
ConstructionConstruction Management

MB Electric LLC, established in 2005, operates as a commercial electrical contractor and a specialist in electric vehicle (EV) power solutions. The company provides a comprehensive suite of services, including design-build construction, new construction projects, tenant improvements, and the integration of renewable energy systems such as EV charging stations and solar power. MB Electric collaborates closely with architects, owners, and general contractors, leveraging a skilled workforce of commercial, industrial, and apprentice electricians to deliver high-quality electrical systems across various sectors, with a notable focus on education, civil development, and specialized electrical infrastructure.

How much funding has MB Electric raised?

MB Electric has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in MB Electric

PPP

Public-Private Partnership

What's next for MB Electric?

The recent major strategic investment into MB Electric signals a pivotal growth phase, likely aimed at expanding its capabilities in EV charging infrastructure and renewable energy solutions. This capital infusion is expected to fuel further development of its service offerings, potentially enabling broader market penetration and the adoption of advanced electrical technologies. MB Electric's focus on specialized electrical systems positions it to capitalize on the increasing demand for sustainable energy solutions and robust electrical infrastructure in both commercial and civil development projects.

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Frequently Asked Questions Regarding MB Electric Financial Insights

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