What is Precision Circuits?
Precision Circuits Inc. is an employee-owned entity dedicated to delivering comprehensive electronic solutions tailored for the specialty vehicle sector. The company excels in the design, manufacturing, and assembly of high-quality, dependable, and robust electronic products. Their offerings include advanced power control systems, sophisticated battery management solutions, and essential HVAC control modules. With over two decades of operational experience, Precision Circuits has cultivated a reputation as a trusted partner for original equipment manufacturers (OEMs) and end-users alike, driven by a steadfast commitment to customer satisfaction and continuous innovation. Their focus remains on developing enduring products that adeptly address the dynamic requirements of their clientele.
How much funding has Precision Circuits raised?
Precision Circuits has raised a total of $686K across 2 funding rounds:
Debt
$350K
Debt
$336K
Debt (2020): $350K with participation from PPP
Debt (2021): $336K led by PPP
Key Investors in Precision Circuits
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Precision Circuits?
The substantial enterprise-level funding context suggests Precision Circuits is poised for significant scaling and further product development. This capital infusion is likely to fuel expansion into new markets, enhance manufacturing capabilities, and accelerate research into next-generation electronic systems for specialty vehicles. The strategic nature of the recent investment indicates a strong alignment between the company and its backers, potentially paving the way for deeper collaborations and market penetration. Precision Circuits is well-positioned to leverage this financial backing to solidify its leadership in providing total electronic solutions.
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