What is Mohler Technology?
Mohler Technology, Inc. (MTI) operates as a specialized manufacturer and maintenance firm, focusing on the repair of electric motors and other drive train components. The company boasts proprietary products, including specialized explosion-proof water-cooled mining motors and sealed insulation system electric motors, alongside a broad range of large and special induction electric motors. MTI's comprehensive service offerings encompass electric motor repair and rewinding, custom electric motor design, predictive maintenance services, and various on-site support. Additionally, the firm distributes a line of industrial electric motors and controls, operating from a 6-acre facility in Southern Indiana strategically positioned for nationwide distribution.
How much funding has Mohler Technology raised?
Mohler Technology has raised a total of $985K across 2 funding rounds:
Debt
$350K
Debt
$635K
Debt (2020): $350K with participation from PPP
Debt (2021): $635K led by PPP
What's next for Mohler Technology?
The recent major strategic investment signals a pivotal growth phase for Mohler Technology. This capital infusion is expected to fuel further development of its proprietary product lines and enhance its extensive repair and maintenance capabilities. The company's focus on specialized industrial components and its established presence in the market position it for continued expansion and technological advancement in the electric motor and drive train sector.
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