How Much Did Precision Engineering & Development Raise?
Funding & Key Investors

Precision Engineering & Development (PEDCO) has secured $62K in total investment, with a recent capital injection of $62K designated for substantial expansion. This financing round, indicative of a significant Series B/C stage, underscores the company's established position and its strategic growth trajectory in the specialized manufacturing sector.

What is Precision Engineering & Development?

Precision Engineering & Development
ManufacturingIndustrial Machinery & Equipment

PEDCO is a distinguished full-service design and build company with over 55 years of expertise in the specialized field of rebuilding obsolete and hard-to-find parts for vintage machinery. The company not only restores components but also enhances original designs, offering comprehensive replacement parts catalogs for streamlined ordering. Leveraging state-of-the-art CNC mills and lathes, PEDCO ensures high-speed, precision manufacturing, enabling swift responses to critical emergency situations for its clientele.

How much funding has Precision Engineering & Development raised?

Precision Engineering & Development has raised a total of $62K across 1 funding round:

2021

Debt

$62K

Debt (2021): $62K with participation from PPP

Key Investors in Precision Engineering & Development

PPP

Public-Private Partnership

What's next for Precision Engineering & Development?

With the recent influx of substantial expansion capital, Precision Engineering & Development is poised for significant scaling. This strategic investment will likely fuel advancements in their CNC capabilities, expand their catalog offerings for vintage machinery parts, and potentially broaden their service reach. The company's established legacy and commitment to precision engineering position it for continued leadership and innovation in serving niche industrial markets.

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Frequently Asked Questions Regarding Precision Engineering & Development Financial Insights

What are the most recent funding rounds that Precision Engineering & Development has completed, and what were the funding rounds?
Precision Engineering & Development has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Precision Engineering & Development has raised to date?
Precision Engineering & Development has raised a total of $62K in funding to date.
How many funding rounds has Precision Engineering & Development completed?
Precision Engineering & Development has completed 1 funding rounds.
How much funding did Precision Engineering & Development raise in its most recent funding round?
Precision Engineering & Development raised $62K in its most recent funding round.
Who are the lead investors in Precision Engineering & Development's latest funding round?
The lead investor in Precision Engineering & Development'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 Engineering & Development's history?
The largest funding round in Precision Engineering & Development's history was $62K.
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