What is mHub?
mHUB is a prominent innovation center dedicated to the advancement of physical product development and manufacturing. Its comprehensive facilities support a wide array of processes, including electronics, plastic fabrication, metals, and rapid prototyping. Located in Chicago, Illinois, mHUB serves as a critical hub for hardware innovation, providing the resources and ecosystem necessary for bringing new physical products to market.
How much funding has mHub raised?
mHub has raised a total of $200K across 2 funding rounds:
Debt
$150K
Grant
$50K
Debt (2020): $150K with participation from PPP
Grant (2020): $50K led by U.S. Department of Energy (DOE)
Key Investors in mHub
U.S. Department of Energy (DOE)
The Department of Energy operates as a Cabinet-level federal agency responsible for formulating and implementing comprehensive energy policy while managing critical national security interests. The department oversees the nation's nuclear weapons complex, maintaining stewardship of the arsenal through advanced scientific research and rigorous safety protocols.
PPP
Public-Private Partnership
What's next for mHub?
With substantial expansion capital secured, mHUB is poised for significant growth. The company's focus on physical product development and manufacturing, coupled with its robust infrastructure, positions it to further solidify its role as a leader in hardware innovation. Future strategic initiatives will likely involve scaling its operations, enhancing its prototyping capabilities, and expanding its network of innovators and manufacturers.
See full mHub company page
