How Much Did Odic Raise?
Funding & Key Investors

Odic has successfully secured a significant capital injection, bringing its total funding to $290K. This latest financial milestone, characterized by a $140K infusion, underscores the firm's robust position within the competitive landscape of specialized hardware engineering. By leveraging this recent strategic investment, the company continues to solidify its operational trajectory, moving beyond initial development phases into a period of sustained, large-scale industrial impact.

What is Odic?

Odic
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Odic operates as a high-precision engineering consultancy, specializing in the architecture of embedded electronics, hardware, and firmware. The firm distinguishes itself through a comprehensive service model that spans from initial conceptualization to full-scale turnkey production. Their technical expertise is particularly concentrated in the development of low-power devices and advanced radio technologies, which are essential components for the modern Internet of Things (IoT) ecosystem. By providing both modular project support and end-to-end product realization, Odic serves as a critical partner for enterprises seeking to navigate the complexities of hardware integration and electronic design. Their commitment to innovative, fresh perspectives allows them to address the unique challenges of clients requiring high-reliability, energy-efficient solutions in an increasingly connected global market.

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

Key Investors in Odic

PPP

Public-Private Partnership

What's next for Odic?

With the recent influx of capital, Odic is well-positioned to scale its engineering capabilities and expand its footprint in the IoT sector. The strategic allocation of these funds will likely focus on enhancing their internal R&D infrastructure, allowing for the acceleration of complex firmware development cycles and the refinement of their radio technology portfolio. As the demand for sophisticated, low-power electronic solutions continues to rise, Odic is poised to leverage its late-stage financial backing to capture greater market share, potentially diversifying its service offerings to include more advanced, high-volume manufacturing support. This growth phase will be defined by a focus on operational efficiency and the continued delivery of high-value, turnkey engineering solutions for a diverse client base.

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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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