How Much Did Precision Cutting Technologies Raise?
Funding & Key Investors

Precision Cutting Technologies has successfully secured a significant capital injection, bringing its cumulative financial backing to $771K. This latest major strategic investment of $421K underscores the firm's robust position within the industrial manufacturing sector. By leveraging this influx of liquidity, the company aims to solidify its operational footprint and enhance its advanced machining capabilities, marking a pivotal moment in its long-term growth trajectory.

What is Precision Cutting Technologies?

Precision Cutting Technologies
ManufacturingIndustrial Machinery & Equipment

Headquartered in eastern Washington State since 1998, Precision Cutting Technologies (PCT) operates as a premier provider of comprehensive manufacturing solutions. The firm specializes in high-precision CNC machining, laser cutting, waterjet fabrication, and metal finishing services. By maintaining a versatile production environment capable of handling both bespoke single-item orders and large-scale industrial runs, PCT has established itself as a critical partner for diverse market sectors. Their commitment to quality control and end-to-end design-to-delivery workflows positions them as a leader in the competitive fabrication landscape, consistently meeting the rigorous demands of modern engineering and construction industries.

How much funding has Precision Cutting Technologies raised?

Precision Cutting Technologies has raised a total of $771K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$421K

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

Debt (2021): $421K led by PPP

Key Investors in Precision Cutting Technologies

PPP

Public-Private Partnership

What's next for Precision Cutting Technologies?

With this recent infusion of capital, Precision Cutting Technologies is well-positioned to scale its infrastructure and optimize its fabrication throughput. The strategic allocation of these funds will likely focus on upgrading existing CNC and laser cutting technologies to maintain a competitive edge in precision engineering. As the company navigates this growth phase, the focus remains on expanding its service capacity to accommodate increasing demand for custom components. By reinforcing its technical foundation, PCT is poised to capture additional market share and drive operational efficiencies that will sustain its reputation for reliability and excellence in the manufacturing sector.

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Frequently Asked Questions Regarding Precision Cutting Technologies Financial Insights

What are the most recent funding rounds that Precision Cutting Technologies has completed, and what were the funding rounds?
Precision Cutting Technologies has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Precision Cutting Technologies has raised to date?
Precision Cutting Technologies has raised a total of $771K in funding to date.
How many funding rounds has Precision Cutting Technologies completed?
Precision Cutting Technologies has completed 2 funding rounds.
How much funding did Precision Cutting Technologies raise in its most recent funding round?
Precision Cutting Technologies raised $421K in its most recent funding round.
Who are the lead investors in Precision Cutting Technologies's latest funding round?
The lead investor in Precision Cutting Technologies'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 Precision Cutting Technologies's history?
The largest funding round in Precision Cutting Technologies's history was $421K.
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