How Much Did Neoteric Hovercraft Raise?
Funding & Key Investors

Neoteric Hovercraft has secured $77K in recent financing, contributing to a total funding amount of $77K. This capital infusion marks a significant stage for the company, likely aligning with its Series B/C growth phase, as it seeks substantial expansion capital to further its operations in the specialized hovercraft manufacturing sector.

What is Neoteric Hovercraft?

Neoteric Hovercraft
ManufacturingBoats & Submarines

Founded in 1960 and based in Indiana, Neoteric Hovercraft is a long-standing manufacturer specializing in a diverse range of hovercraft. These versatile vehicles are engineered for operation across various terrains including water, grass, ice, snow, and mudflats, enabling year-round utility. The company's focus on robust, multi-terrain hovercraft positions it uniquely in niche transportation and recreational markets.

How much funding has Neoteric Hovercraft raised?

Neoteric Hovercraft has raised a total of $77K across 1 funding round:

2021

Debt

$77K

Debt (2021): $77K with participation from PPP

What's next for Neoteric Hovercraft?

With the recent influx of expansion capital, Neoteric Hovercraft is poised for significant growth. This strategic investment is expected to fuel advancements in manufacturing capabilities, potentially broaden its product line, and enhance its market reach. The company's established history and specialized product offering suggest a trajectory focused on scaling operations and solidifying its position as a leader in the hovercraft industry.

See full Neoteric Hovercraft company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

AppliancesManufacturing
Industrial Machinery & EquipmentManufacturingArchitecture, Engineering & DesignConstruction
Automotive PartsManufacturingAutomotive Service & Collision RepairConsumer Services
Building MaterialsManufacturing

Frequently Asked Questions Regarding Neoteric Hovercraft Financial Insights

What are the most recent funding rounds that Neoteric Hovercraft has completed, and what were the funding rounds?
Neoteric Hovercraft has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Neoteric Hovercraft has raised to date?
Neoteric Hovercraft has raised a total of $77K in funding to date.
How many funding rounds has Neoteric Hovercraft completed?
Neoteric Hovercraft has completed 1 funding rounds.
How much funding did Neoteric Hovercraft raise in its most recent funding round?
Neoteric Hovercraft raised $77K in its most recent funding round.
Who are the lead investors in Neoteric Hovercraft's latest funding round?
The lead investor in Neoteric Hovercraft'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 Neoteric Hovercraft's history?
The largest funding round in Neoteric Hovercraft's history was $77K.
See more information about Neoteric Hovercraft