How Much Did MC Electronics Raise?
Funding & Key Investors

MC Electronics, a specialist in quick turn and high mix contract manufacturing of cable assemblies, wire harnesses, and box builds, has secured $350K in total funding, with a recent financing round of $350K designated as a major strategic investment. The company's operations span North America, Asia, and Europe, serving critical industries such as medical, industrial, and automation. This recent capital infusion, a debt financing of $350M dated April 30, 2020, underscores a period of significant financial activity for the firm, potentially supporting its extensive operational capabilities and market reach prior to its acquisition by Volex in 2018.

What is MC Electronics?

MC Electronics
ManufacturingWire & CableElectronics

MC Electronics has established a strong reputation over its 40-year history for delivering high-performance, reliable, and cost-effective manufacturing solutions. Certified to ISO 13485 and ISO 9001 standards, the company excels in producing custom wiring, electromechanical systems, and electric vehicle (EV) charging solutions. Its expertise in complex assemblies and builds caters to a diverse clientele requiring precision and adherence to stringent quality controls. The company's broad industry service, including medical and industrial sectors, highlights its adaptability and deep technical knowledge in contract manufacturing.

How much funding has MC Electronics raised?

MC Electronics has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in MC Electronics

PPP

Public-Private Partnership

What's next for MC Electronics?

The context of 'large-scale late-stage funding' and 'major strategic investment' suggests a focus on scaling operations, enhancing technological capabilities, or expanding market penetration. Given the company's specialization in critical components and systems, this strategic capital likely facilitated advancements in production capacity, research and development for innovative solutions like EV charging, or strengthened its supply chain resilience. The debt financing indicates a strategic approach to capital management, potentially aimed at optimizing financial structure while supporting ongoing growth initiatives and maintaining its competitive edge in the contract manufacturing landscape.

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Frequently Asked Questions Regarding MC Electronics Financial Insights

What are the most recent funding rounds that MC Electronics has completed, and what were the funding rounds?
MC Electronics has recently completed 1 funding rounds: Debt on Apr 30, 2020.
What is the total amount of funding MC Electronics has raised to date?
MC Electronics has raised a total of $350K in funding to date.
How many funding rounds has MC Electronics completed?
MC Electronics has completed 1 funding rounds.
How much funding did MC Electronics raise in its most recent funding round?
MC Electronics raised $350K in its most recent funding round.
Who are the lead investors in MC Electronics's latest funding round?
The lead investor in MC 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 MC Electronics's history?
The largest funding round in MC Electronics's history was $350K.
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