What is Mi-tech?
MI-TECH, Inc., founded in 1985, is a specialized provider of precision machining and technical consulting services tailored for marine and industrial clients throughout the United States. Operating from a 15,000-square-foot facility in North Charleston, SC, the company excels in manual machining, equipment repair, and comprehensive project management, all designed to minimize operational downtime for critical machinery. MI-TECH's commitment to 24/7 emergency service and expert craftsmanship has earned it the trust of industry leaders seeking reliable and budget-conscious solutions for their equipment maintenance and operational needs.
How much funding has Mi-tech raised?
Mi-tech has raised a total of $377K across 2 funding rounds:
Debt
$150K
Debt
$227K
Debt (2020): $150K with participation from PPP
Debt (2021): $227K led by PPP
Key Investors in Mi-tech
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Mi-tech?
The recent large-scale, late-stage funding indicates MI-TECH, Inc. is poised for significant expansion and operational enhancement. This strategic investment will likely fuel advancements in their service offerings, potentially including the adoption of new machining technologies or the broadening of their consulting capabilities. The company's focus on minimizing downtime for critical industrial and marine machinery positions it for continued growth, especially in sectors demanding high reliability and specialized technical support. MI-TECH's trajectory suggests a strategic push to solidify its market leadership and potentially explore new client segments or geographical markets.
See full Mi-tech company page
