How Much Did Microtech Machine Raise?
Funding & Key Investors

Microtech Machine has solidified its position within the industrial manufacturing sector, securing a total capital infusion of $314K. This trajectory of financial backing, highlighted by a recent strategic investment of $164K, underscores the firm's operational resilience and its capacity to scale complex production requirements. By leveraging these debt-based financing instruments, the company continues to fortify its balance sheet while maintaining its commitment to high-precision engineering standards.

What is Microtech Machine?

Microtech Machine
ManufacturingIndustrial Machinery & Equipment

Established in 1981 and headquartered in Wheeling, Illinois, Microtech Machine operates as a specialized precision manufacturing facility. The company distinguishes itself through a comprehensive suite of services, ranging from prototype development to large-scale custom fabrication, including critical components for the locomotive industry. As a certified woman-owned enterprise, the firm maintains rigorous quality benchmarks, holding both AS9100D and ISO 9001:2015 certifications. Their unique remote in-house machine shop capabilities and contract inspection services position them as a vital partner for clients requiring high-tolerance manufacturing and engineering support.

How much funding has Microtech Machine raised?

Microtech Machine has raised a total of $314K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$164K

Debt (2020): $150K with participation from PPP

Debt (2021): $164K led by PPP

Key Investors in Microtech Machine

PPP

Public-Private Partnership

What's next for Microtech Machine?

With the recent influx of capital, Microtech Machine is well-positioned to optimize its production infrastructure and expand its service offerings. The strategic deployment of these funds will likely focus on enhancing technological capabilities within their facility, ensuring that the company remains at the forefront of precision manufacturing. As the firm navigates the complexities of the current industrial landscape, the focus will remain on operational efficiency and the continued delivery of high-quality, certified manufacturing solutions to its diverse client base. Future growth will likely be driven by the integration of advanced testing protocols and the expansion of their custom fabrication capacity to meet evolving market demands.

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Frequently Asked Questions Regarding Microtech Machine Financial Insights

What are the most recent funding rounds that Microtech Machine has completed, and what were the funding rounds?
Microtech Machine has recently completed 2 funding rounds: Debt on Feb 8, 2021, Debt on May 1, 2020.
What is the total amount of funding Microtech Machine has raised to date?
Microtech Machine has raised a total of $314K in funding to date.
How many funding rounds has Microtech Machine completed?
Microtech Machine has completed 2 funding rounds.
How much funding did Microtech Machine raise in its most recent funding round?
Microtech Machine raised $164K in its most recent funding round.
Who are the lead investors in Microtech Machine's latest funding round?
The lead investor in Microtech Machine's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Microtech Machine's history?
The largest funding round in Microtech Machine's history was $164K.
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