What is Micro-Fab?
Micro-Fab, formerly known as Cass Precision Machining, is a prominent precision machining enterprise headquartered in Minneapolis. The company specializes in the production of high-quality turn parts and offers a comprehensive suite of machining services. These include rapid prototyping, Swiss machining, CNC machining, screw machining, and precision grinding. Micro-Fab caters to a broad spectrum of industries, including aerospace, construction, automotive, and medical sectors, consistently delivering reliable, high-caliber components. Operating from an expansive 125,000-square-foot production facility, the company has solidified its reputation as a dependable partner for projects of varying scales, from small-batch runs to large-volume manufacturing. Their commitment to stringent quality control and operational agility ensures timely delivery and exceptional client service.
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
What's next for Micro-Fab?
The substantial late-stage funding and the nature of the recent strategic investment suggest Micro-Fab is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in manufacturing capabilities, potentially through the acquisition of new machinery or the adoption of cutting-edge technologies to further refine their precision machining processes. Furthermore, the strategic backing may facilitate market penetration into new sectors or deepen existing industry relationships. The company's focus on agility and quality, combined with this financial impetus, positions Micro-Fab for sustained growth and a strengthened competitive advantage in the precision components market.
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