How Much Did ODAT Machine Raise?
Funding & Key Investors

ODAT Machine, a division of Howell Laboratories, Inc., has secured $350K in total capital, with its most recent funding round bringing in $350K through a major strategic investment. This significant backing underscores the company's established position in the manufacturing sector and its trajectory towards further expansion and technological advancement.

What is ODAT Machine?

ODAT Machine
ManufacturingIndustrial Machinery & EquipmentAerospace & Defense

Founded in 1992 and based in Gorham, Maine, ODAT Machine operates as a full-service machine shop with a specialization in advanced manufacturing processes including CNC milling, turning, grinding, welding, and injection molding. The company serves critical industries such as aerospace, defense, semiconductor, and optics, with a strong focus on rapid prototyping and cost-effective production solutions. Its 40,000-square-foot AS9100-certified facility is equipped to handle complex projects, emphasizing quality manufacturing through lean principles and supported by a robust engineering department. ODAT Machine is dedicated to collaborating with clients to transition products from initial concept to market-ready quality.

How much funding has ODAT Machine raised?

ODAT Machine has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in ODAT Machine

PPP

Public-Private Partnership

What's next for ODAT Machine?

The recent major strategic investment, alongside the company's substantial total funding of $350K, positions ODAT Machine for significant growth and operational enhancement. This capital infusion is likely to fuel advancements in its prototyping capabilities, expand its production capacity, and potentially broaden its market reach within the high-demand aerospace, defense, and semiconductor sectors. The company's commitment to AS9100 certification and lean manufacturing principles suggests a strategic focus on maintaining high-quality output while scaling operations, preparing ODAT Machine to meet increasing industry demands and solidify its competitive advantage.

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Frequently Asked Questions Regarding ODAT Machine Financial Insights

What are the most recent funding rounds that ODAT Machine has completed, and what were the funding rounds?
ODAT Machine has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding ODAT Machine has raised to date?
ODAT Machine has raised a total of $350K in funding to date.
How many funding rounds has ODAT Machine completed?
ODAT Machine has completed 1 funding rounds.
How much funding did ODAT Machine raise in its most recent funding round?
ODAT Machine raised $350K in its most recent funding round.
Who are the lead investors in ODAT Machine's latest funding round?
The lead investor in ODAT Machine'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 ODAT Machine's history?
The largest funding round in ODAT Machine's history was $350K.
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