How Much Did Odic Raise?
Funding & Key Investors

ODIC Engineered has secured $290K in total funding, with its most recent capital infusion amounting to $140K. This significant late-stage funding round underscores the company's established market presence and its trajectory for substantial growth. The context of this major strategic investment points towards a pivotal phase for the company's expansion and development initiatives.

What is Odic?

Odic
Business ServicesResearch & DevelopmentSoftware Testing

ODIC Engineered is a specialized firm focused on the intricate design of embedded electronics, hardware, and firmware. The company distinguishes itself through its collaborative approach, working with clients to translate complex ideas into tangible electronic solutions. Their expertise spans critical areas such as electronics design, low-power devices, and radio technologies. ODIC Engineered offers comprehensive support, from partial project assistance to full turnkey solutions, ensuring innovative and effective outcomes for businesses developing IoT devices and other advanced electronic systems. Their commitment to delivering fresh perspectives and novel approaches positions them as a key player in the electronics engineering sector.

How much funding has Odic raised?

Odic has raised a total of $290K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$140K

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

Debt (2021): $140K led by PPP

What's next for Odic?

The substantial late-stage funding and recent strategic investment signal a strong confidence from the market in ODIC Engineered's future. This capital infusion is expected to fuel further innovation in embedded electronics, potentially enabling the company to scale its operations, expand its research and development capabilities, and broaden its market reach. The focus on low-power devices and radio technologies suggests a strategic push into emerging IoT markets and advanced connectivity solutions. ODIC Engineered is poised to leverage this financial backing to solidify its position as a leader in providing sophisticated hardware and firmware solutions, driving the next wave of electronic product development.

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Frequently Asked Questions Regarding Odic Financial Insights

What are the most recent funding rounds that Odic has completed, and what were the funding rounds?
Odic has recently completed 2 funding rounds: Debt on Mar 1, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Odic has raised to date?
Odic has raised a total of $290K in funding to date.
How many funding rounds has Odic completed?
Odic has completed 2 funding rounds.
How much funding did Odic raise in its most recent funding round?
Odic raised $140K in its most recent funding round.
Who are the lead investors in Odic's latest funding round?
The lead investor in Odic'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 Odic's history?
The largest funding round in Odic's history was $150K.
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