How Much Did Powerspec Raise?
Funding & Key Investors

Powerspec has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This latest infusion of capital underscores the company's significant traction in its market segment and its potential for continued expansion.

What is Powerspec?

Powerspec
ManufacturingElectronics

Powerspec Inc. is a specialized custom electronic contract manufacturer operating as an ISO 9001:2008 certified facility. The company excels in short-run and limited-run manufacturing and assembly of complex electro-mechanical systems. Its product portfolio includes critical components such as power distribution units, uninterruptible power supplies (UPSs), custom wire harnesses and adapters, and ruggedized electronic products, catering to demanding sectors like military, shipboard, and other ruggedized applications.

How much funding has Powerspec raised?

Powerspec has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Powerspec

PPP

Public-Private Partnership

What's next for Powerspec?

With the recent strategic investment, Powerspec is poised for accelerated growth and enhanced operational capabilities. This capital infusion is expected to fuel further development in its specialized manufacturing processes, potentially expanding its capacity to serve high-stakes markets. The company's focus on precision assembly for military and ruggedized applications suggests a strategic direction towards solidifying its position as a key supplier in these critical industries.

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Frequently Asked Questions Regarding Powerspec Financial Insights

What are the most recent funding rounds that Powerspec has completed, and what were the funding rounds?
Powerspec has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Powerspec has raised to date?
Powerspec has raised a total of $150K in funding to date.
How many funding rounds has Powerspec completed?
Powerspec has completed 1 funding rounds.
How much funding did Powerspec raise in its most recent funding round?
Powerspec raised $150K in its most recent funding round.
Who are the lead investors in Powerspec's latest funding round?
The lead investor in Powerspec'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 Powerspec's history?
The largest funding round in Powerspec's history was $150K.
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