What is Precision Digital?
Established in 1974, Precision Digital has evolved into a cornerstone manufacturer of digital display and control instrumentation tailored for complex industrial applications. The company maintains a robust portfolio, including digital panel meters, serial communications, loop-powered indicators, rate/totalizers, scanners, and sophisticated temperature controllers. As an ISO 9001:2008 certified entity, Precision Digital leverages decades of engineering expertise to provide reliable, high-precision solutions that are critical for process automation and industrial monitoring. Its market position is defined by a commitment to quality and a deep understanding of the technical requirements inherent in modern manufacturing environments.
How much funding has Precision Digital raised?
Precision Digital has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Precision Digital
PPP
Public-Private Partnership
What's next for Precision Digital?
With the successful acquisition of this latest capital, Precision Digital is well-positioned to accelerate its strategic initiatives. The company is expected to focus on scaling its production capabilities and enhancing its digital instrumentation suite to meet the rising demand for smart, connected industrial hardware. By leveraging this late-stage funding, the firm aims to optimize its supply chain and expand its footprint in global markets, ensuring that its control instrumentation remains at the forefront of industrial innovation. Future growth will likely center on integrating advanced communication protocols into its existing product lines, thereby reinforcing its competitive advantage in the industrial automation sector.
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