How Much Did Potomac Photonics Raise?
Funding & Key Investors

Potomac Laser has secured $350K in total capital, with a recent strategic investment of $350K announced on April 7, 2020. This significant financing underscores the company's established position in the precision microfabrication and laser services sector, signaling a phase of advanced growth and operational scaling.

What is Potomac Photonics?

Potomac Photonics
ManufacturingIndustrial Machinery & Equipment

Potomac Laser, a division of the Goodfellow Corporation, is a seasoned provider of precision microfabrication and laser services with over four decades of industry experience. The company excels in rapid prototyping and scalable production of intricate miniature parts and assemblies. Their comprehensive service portfolio includes advanced techniques such as CNC micro machining, laser micro-hole drilling, and additive manufacturing (3D printing). Potomac Laser serves a diverse clientele, including prominent companies, research institutions, and government agencies across critical industries like medical device manufacturing, biotechnology, and electronics fabrication. Leveraging the extensive material resources of Goodfellow Corporation, which offers access to over 170,000 materials, Potomac Laser ensures the delivery of high-quality, customized solutions.

How much funding has Potomac Photonics raised?

Potomac Photonics has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Potomac Photonics?

The substantial late-stage funding and strategic investment indicate Potomac Laser is poised for significant expansion and technological advancement. This capital infusion is likely to fuel further development in their microfabrication capabilities, enhance production capacity, and potentially broaden their market reach within the high-growth sectors they serve. The company's focus on precision engineering and its integration with Goodfellow Corporation's material science expertise position it for continued leadership in providing critical components for advanced technological applications.

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Frequently Asked Questions Regarding Potomac Photonics Financial Insights

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