How Much Did Modus Test Raise?
Funding & Key Investors

Modus Test has secured $150K in total funding, with its most recent capital infusion amounting to $150K. This recent strategic investment marks a significant milestone for the company, underscoring its established position in the semiconductor testing sector. The company's funding trajectory indicates a mature stage of development, likely geared towards scaling operations and expanding market reach.

What is Modus Test?

Modus Test
ManufacturingTest & Measurement EquipmentBusiness Services

Modus Test is a specialized provider of industry-leading MPT CRES testers and bespoke test interface verification solutions, primarily serving semiconductor factories. Their comprehensive offerings include MPT/MTC/Thermal Chambers, characterization services, and training programs designed to optimize high-speed testing and advanced package qualification. The company focuses on empowering test interface developers and semiconductor packaging developers with tools that enhance design verification and operational efficiency, championing the 'known good socket' concept to boost production profits.

How much funding has Modus Test raised?

Modus Test has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Modus Test?

With a substantial total funding amount and a recent strategic investment, Modus Test is well-positioned for its next phase of growth. This late-stage funding context suggests a focus on market expansion, potential product line diversification, or strategic acquisitions to solidify its competitive advantage. The company is likely to leverage this capital to enhance its technological capabilities, broaden its customer base within the semiconductor manufacturing ecosystem, and further optimize its solutions for advanced packaging and high-speed testing environments.

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Frequently Asked Questions Regarding Modus Test Financial Insights

What are the most recent funding rounds that Modus Test has completed, and what were the funding rounds?
Modus Test has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Modus Test has raised to date?
Modus Test has raised a total of $150K in funding to date.
How many funding rounds has Modus Test completed?
Modus Test has completed 1 funding rounds.
How much funding did Modus Test raise in its most recent funding round?
Modus Test raised $150K in its most recent funding round.
Who are the lead investors in Modus Test's latest funding round?
The lead investor in Modus Test'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 Modus Test's history?
The largest funding round in Modus Test's history was $150K.
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