How Much Did Midwest Engineering Raise?
Funding & Key Investors

Midwest Engineering has secured $631K in total capital, with its most recent strategic investment amounting to $281K. This significant enterprise-level funding underscores the company's established position in the industrial automation sector and its ongoing strategic growth initiatives. The recent financing event, dated March 12, 2021, signifies a pivotal moment for the company's expansion plans.

What is Midwest Engineering?

Midwest Engineering
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Midwest Engineering, operating under the name Midwest Integration & Automation, is a seasoned provider of custom industrial automation solutions. With over 25 years of experience, the company excels in areas such as large-scale panel production, UL 508A certification, and comprehensive electrical design services. They serve as a distributor for high-tech automation equipment from more than 30 manufacturers, complemented by robust technical support from their engineering team. Their service portfolio extends to onsite engineering, systems integration, and robotic programming and installation, ensuring adherence to stringent safety standards and compliance. The company caters to a diverse clientele requiring sophisticated automation capabilities.

How much funding has Midwest Engineering raised?

Midwest Engineering has raised a total of $631K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$281K

Debt (2020): $350K with participation from PPP

Debt (2021): $281K led by PPP

What's next for Midwest Engineering?

The substantial enterprise-level capital infusion, highlighted by the recent major strategic investment, positions Midwest Engineering for accelerated growth and enhanced market penetration. This backing is expected to fuel further development of their custom automation solutions, expansion of their distribution network, and potentially the enhancement of their technical support and onsite engineering services. The company's trajectory suggests a focus on solidifying its leadership in industrial automation and leveraging its extensive experience to capture new market opportunities and technological advancements in the sector.

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Frequently Asked Questions Regarding Midwest Engineering Financial Insights

What are the most recent funding rounds that Midwest Engineering has completed, and what were the funding rounds?
Midwest Engineering has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Midwest Engineering has raised to date?
Midwest Engineering has raised a total of $631K in funding to date.
How many funding rounds has Midwest Engineering completed?
Midwest Engineering has completed 2 funding rounds.
How much funding did Midwest Engineering raise in its most recent funding round?
Midwest Engineering raised $281K in its most recent funding round.
Who are the lead investors in Midwest Engineering's latest funding round?
The lead investor in Midwest Engineering'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 Midwest Engineering's history?
The largest funding round in Midwest Engineering's history was $350K.
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