What is Micro-Fab?
Micro-Fab, formerly known as Cass Precision Machining, is a distinguished precision machining enterprise headquartered in Minneapolis. The company excels in producing high-quality turn parts and offers a comprehensive suite of machining services, including rapid prototyping, Swiss machining, CNC machining, screw machining, and precision grinding. Serving critical sectors such as aerospace, construction, automotive, and medical, Micro-Fab is recognized for its commitment to delivering reliable, superior-grade components. With an expansive 125,000-square-foot production facility, the company is equipped to manage both small-batch and large-scale manufacturing projects, solidifying its reputation as a dependable industry partner.
How much funding has Micro-Fab raised?
Micro-Fab has raised a total of $328K across 2 funding rounds:
Debt
$150K
Debt
$178K
Debt (2020): $150K with participation from PPP
Debt (2021): $178K led by PPP
Key Investors in Micro-Fab
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Micro-Fab?
The substantial late-stage funding signifies Micro-Fab's readiness for its next phase of growth, likely involving market penetration, technological advancement, or capacity expansion. This strategic capital infusion is expected to bolster its competitive edge in the precision machining sector, enabling the company to pursue new opportunities and enhance its service offerings to a diverse industrial clientele. The company's focus on operational agility and quality assurance positions it well to leverage this investment for sustained development and market leadership.
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