What is Mirac?
Mirac specializes in the design, fabrication, and assembly of printed circuit boards and wire harnesses. The company serves critical sectors including energy/petroleum, consumer goods, and commercial/industrial markets, positioning itself as a key player in the electronics manufacturing supply chain.
How much funding has Mirac raised?
Mirac has raised a total of $7.9M across 2 funding rounds:
Other Financing Round
$7.5M
Debt
$350K
Other Financing Round (2018): $7.6M with participation from Advantage Capital
Debt (2020): $350K led by PPP
Key Investors in Mirac
Advantage Capital
Advantage Capital Partners is a venture capital firm that invests in various sectors including cleantech, communication, energy, information technology, and life sciences. Their involvement suggests a strategic alignment with Mirac's operational focus.
PPP
Public-Private Partnership
What's next for Mirac?
The recent major strategic investment signals a new phase of growth and development for Mirac. This capital infusion is likely to fuel expansion initiatives, enhance manufacturing capabilities, and potentially drive innovation in its product offerings. The company is poised to leverage this backing to solidify its market position and pursue new opportunities within its target industries.
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