How Much Did Mechanical Technologies Raise?
Funding & Key Investors

Mechanical Technologies has secured $1M in total capital, with its most recent financing round bringing in $652K. This major strategic investment underscores the company's significant enterprise-level funding trajectory and its established presence in the mechanical contracting sector.

What is Mechanical Technologies?

Mechanical Technologies
ConstructionConstruction Management

Mechanical Technologies Inc. is a comprehensive mechanical contractor headquartered in Green Bay, Wisconsin, with an expanded operational footprint in Madison. The company offers a broad spectrum of services, encompassing piping, plumbing, HVAC, sheet metal fabrication, and advanced building automation systems. MTI serves a diverse clientele across industrial, commercial, healthcare, educational, and food & beverage industries. Their core mission revolves around engineering bespoke mechanical solutions tailored to client specifications, ensuring operational efficiency and minimizing service interruptions. By fostering robust client relationships and championing innovative approaches, Mechanical Technologies extends its reach throughout Northeast, Central, and Southern Wisconsin, undertaking select projects in other states.

How much funding has Mechanical Technologies raised?

Mechanical Technologies has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$652K

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

Debt (2021): $652K led by PPP

Key Investors in Mechanical Technologies

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Mechanical Technologies?

The substantial enterprise-level funding and recent strategic investment indicate that Mechanical Technologies is likely in a growth or scaling phase, potentially looking to expand its service offerings, geographic reach, or technological capabilities. This capital infusion is expected to fuel further development in areas such as advanced building automation and customized mechanical solutions, reinforcing its competitive position in the Wisconsin market and beyond. The company's commitment to innovation and client-centric service suggests a strategic focus on solidifying its market leadership and exploring new opportunities for expansion.

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Frequently Asked Questions Regarding Mechanical Technologies Financial Insights

What are the most recent funding rounds that Mechanical Technologies has completed, and what were the funding rounds?
Mechanical Technologies has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Mechanical Technologies has raised to date?
Mechanical Technologies has raised a total of $1M in funding to date.
How many funding rounds has Mechanical Technologies completed?
Mechanical Technologies has completed 2 funding rounds.
How much funding did Mechanical Technologies raise in its most recent funding round?
Mechanical Technologies raised $652K in its most recent funding round.
Who are the lead investors in Mechanical Technologies's latest funding round?
The lead investor in Mechanical Technologies'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 Mechanical Technologies's history?
The largest funding round in Mechanical Technologies's history was $652K.
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