What is Memcor?
Memcor Inc. is a disabled veteran-owned manufacturing company established in 1998, specializing in production machining and assembly services. The company serves diverse sectors, including aerospace and foodservice, with a notable focus on manufacturing electro-mechanical devices such as magnetic brake and damping assemblies for helicopters. Key clients include Boeing Aerospace, Bell Helicopter, and various U.S. Government entities. Memcor also provides essential support services, including testing, repair, spare parts, and refurbishment for its manufactured assemblies, backed by a skilled workforce.
How much funding has Memcor raised?
Memcor has raised a total of $96K across 1 funding round:
Debt
$96K
Debt (2021): $96K with participation from PPP
Key Investors in Memcor
PPP
Public-Private Partnership
What's next for Memcor?
With significant Series B/C stage funding, Memcor is poised for strategic expansion. The recent influx of capital is expected to fuel advancements in production capabilities, potentially enabling the company to scale its operations, enhance its product lines, and explore new market opportunities within the aerospace and defense sectors. This investment underscores confidence in Memcor's established expertise and its capacity for continued growth and innovation in specialized manufacturing.
See full Memcor company page