How Much Did Precise Test Lab Raise?
Funding & Key Investors

Precise Test Lab, a company specializing in nondestructive testing for the aerospace industry, has secured $60K in recent financing, contributing to its overall funding of $60K. This capital infusion signifies a critical growth phase for the company, likely aimed at expanding its service offerings and market reach within the demanding aerospace sector.

The company's financial trajectory, marked by this latest investment, positions it for further development and operational scaling.

What is Precise Test Lab?

Precise Test Lab
Business ServicesResearch & Development

Precise Test Lab, Inc. operates within the aerospace sector, providing essential nondestructive testing (NDT) services. Their expertise encompasses a range of inspection methodologies, including Radiography Inspection, Magnetic Particle Inspection, and Fluorescent Penetrant Inspection. These advanced testing solutions are crucial for ensuring the safety, reliability, and integrity of aerospace components. The company's focus on high-quality inspection services caters to clients who prioritize stringent safety standards and component assurance within the aerospace supply chain.

How much funding has Precise Test Lab raised?

Precise Test Lab has raised a total of $60K across 1 funding round:

2021

Debt

$60K

Debt (2021): $60K with participation from PPP

Key Investors in Precise Test Lab

PPP

Public-Private Partnership

What's next for Precise Test Lab?

With significant expansion capital secured, Precise Test Lab is poised for strategic growth. The substantial funding, indicative of a Series B/C stage, suggests an acceleration in operational capacity, potential technological advancements in their NDT methods, and an expansion of their client base within the aerospace industry. This investment will likely fuel efforts to enhance service delivery, explore new inspection techniques, and solidify their market position as a trusted provider of critical testing solutions. The company's focus on safety and integrity in aerospace components positions it for sustained development and increased market share.

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Frequently Asked Questions Regarding Precise Test Lab Financial Insights

What are the most recent funding rounds that Precise Test Lab has completed, and what were the funding rounds?
Precise Test Lab has recently completed 1 funding rounds: Debt on Mar 3, 2021.
What is the total amount of funding Precise Test Lab has raised to date?
Precise Test Lab has raised a total of $60K in funding to date.
How many funding rounds has Precise Test Lab completed?
Precise Test Lab has completed 1 funding rounds.
How much funding did Precise Test Lab raise in its most recent funding round?
Precise Test Lab raised $60K in its most recent funding round.
Who are the lead investors in Precise Test Lab's latest funding round?
The lead investor in Precise Test Lab'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 Precise Test Lab's history?
The largest funding round in Precise Test Lab's history was $60K.
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