What is Practical Technologies?
Practical Technologies, Inc. is a provider of domestic manufacturing and global sourcing solutions for electronic manufacturing services, operating across Maryland, Virginia, and Pennsylvania. The company's expertise spans SMT and thru-hole chassis assembly, cable assemblies, and comprehensive box build services, including plotting and encapsulation. Catering to a diverse clientele, Practical Technologies is dedicated to delivering high-quality electronics manufacturing for both prototype development and high-volume production, ensuring dependable project execution for its partners.
How much funding has Practical Technologies raised?
Practical Technologies has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Practical Technologies
PPP
Public-Private Partnership
What's next for Practical Technologies?
The recent large-scale late-stage funding indicates a strategic phase for Practical Technologies, likely focused on scaling operations, expanding market reach, or investing in advanced manufacturing technologies. This capital infusion is poised to enhance its capabilities in serving clients with complex electronics manufacturing needs, reinforcing its commitment to quality and reliability in a dynamic industry. The company is well-positioned to leverage this investment for continued growth and innovation in the electronics manufacturing landscape.
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