How Much Did Multi-precision Detail Raise?
Funding & Key Investors

Multi-precision Detail has successfully secured a major strategic investment, bringing its cumulative capital intake to $874K. This latest infusion of $524K underscores the firm's enduring relevance in the industrial manufacturing sector. By leveraging debt financing, the company continues to fortify its balance sheet, ensuring that its specialized workholding solutions remain at the forefront of precision engineering requirements.

What is Multi-precision Detail?

Multi-precision Detail
ManufacturingIndustrial Machinery & Equipment

Established in 1968, Multi-precision Detail has cultivated a reputation for excellence in the design and fabrication of complex workholding fixtures, pallet systems, and machine replacement components. The company operates as a critical node in the manufacturing supply chain, providing essential drill and tap heads that facilitate high-tolerance production environments. With over five decades of operational expertise, the firm serves a diverse client base that demands rigorous quality standards and bespoke engineering capabilities for both basic and highly intricate manufacturing processes.

How much funding has Multi-precision Detail raised?

Multi-precision Detail has raised a total of $874K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$524K

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

Debt (2021): $524K led by PPP

Key Investors in Multi-precision Detail

PPP

Public-Private Partnership

What's next for Multi-precision Detail?

With the recent capital deployment, Multi-precision Detail is positioned to optimize its production infrastructure and expand its technical service offerings. The strategic focus will likely shift toward integrating advanced automation into its fixture design workflows, thereby increasing throughput for its enterprise-level clientele. As the manufacturing landscape pivots toward Industry 4.0, the company is well-equipped to leverage its historical technical foundation to capture emerging market share in precision component manufacturing, ensuring long-term operational sustainability and competitive differentiation.

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Frequently Asked Questions Regarding Multi-precision Detail Financial Insights

What are the most recent funding rounds that Multi-precision Detail has completed, and what were the funding rounds?
Multi-precision Detail has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Multi-precision Detail has raised to date?
Multi-precision Detail has raised a total of $874K in funding to date.
How many funding rounds has Multi-precision Detail completed?
Multi-precision Detail has completed 2 funding rounds.
How much funding did Multi-precision Detail raise in its most recent funding round?
Multi-precision Detail raised $524K in its most recent funding round.
Who are the lead investors in Multi-precision Detail's latest funding round?
The lead investor in Multi-precision Detail'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 Multi-precision Detail's history?
The largest funding round in Multi-precision Detail's history was $524K.
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