What is Mi-tech?
MI-TECH, Inc. is a seasoned provider of precision machining and technical consulting services, catering to marine and industrial clients throughout the United States since its inception in 1985. Operating from a 15,000-square-foot facility in North Charleston, SC, the company specializes in manual machining, equipment repair, and comprehensive project management. MI-TECH's core mission is to minimize operational downtime for critical machinery, offering expert craftsmanship and reliable 24/7 emergency service to ensure continuous efficiency for its clientele, which includes prominent industry leaders.
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?
With a history of substantial debt financing, Mi-tech's recent strategic investment suggests a focus on reinforcing its operational infrastructure and potentially expanding its service capabilities. The company's late-stage funding context indicates a mature business model poised for sustained growth and continued service excellence in demanding industrial environments. Future developments are likely to center on enhancing its precision machining and technical consulting offerings, further solidifying its position as a trusted partner for critical machinery support.
See full Mi-tech company page
