What is MCM Technologies?
MCM Technologies Inc., founded in 1997 and headquartered in Cranston, Rhode Island, is a family-owned business specializing in contracting and metal manufacturing. Initially established by Michael D'Angelo Sr., the company is now under the operational leadership of his eldest son, Chris D'Angelo, who serves as Vice President. MCM Technologies serves a diverse clientele on both national and international scales, leveraging its expertise in metal fabrication and contracting services. The company's longevity and continued operation suggest a stable business model within its sector.
How much funding has MCM Technologies raised?
MCM Technologies has raised a total of $918K across 2 funding rounds:
Debt
$350K
Debt
$568K
Debt (2020): $350K with participation from PPP
Debt (2021): $568K led by PPP
Key Investors in MCM Technologies
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for MCM Technologies?
The recent major strategic investment indicates MCM Technologies is poised for further expansion or operational enhancement. This capital infusion, particularly in the context of enterprise-level funding, suggests a focus on scaling operations, potentially through new contracts, technological upgrades, or market penetration. The company's trajectory, marked by consistent debt financing, points towards a strategy of leveraging financial instruments for growth and stability. Future developments will likely involve the execution of new projects and the strengthening of its market position.
See full MCM Technologies company page
