How Much Did Precision Gear & Machine Raise?
Funding & Key Investors

Precision Gear & Machine has secured $43K in total funding, with a recent capital infusion of $43K designated for substantial expansion. This financing round, occurring around January 20, 2021, marks a significant milestone for the company, likely positioning it within the Series B/C stage of its growth trajectory. The company's focus on innovative trim squirt solutions for paper production lines underscores its strategic approach to capturing market share in a specialized industrial sector.

What is Precision Gear & Machine?

Precision Gear & Machine
ManufacturingIndustrial Machinery & Equipment

Precision Gear & Machine, operating under the PGM Paper Products brand, is a specialized provider of advanced trim squirt solutions tailored for paper production lines. Their machinery is engineered with sophisticated features, including multiple independent adjustments that enable precise, unified control over all trims. Designed for robustness and user-friendliness, these products boast corrosion-resistant stainless steel construction and offer customizable bracket assistance. The company targets manufacturers within the paper industry seeking to optimize production efficiency, minimize waste, and reduce the incidence of human error through automated and precise machinery.

How much funding has Precision Gear & Machine raised?

Precision Gear & Machine has raised a total of $43K across 1 funding round:

2021

Debt

$43K

Debt (2021): $43K with participation from PPP

Key Investors in Precision Gear & Machine

PPP

Public-Private Partnership

What's next for Precision Gear & Machine?

With the recent substantial expansion capital, Precision Gear & Machine is poised for significant operational scaling and market penetration. The company's strategic focus on enhancing paper production efficiency through innovative trim squirt technology, coupled with its Series B/C stage funding, suggests an aggressive growth phase. Future initiatives will likely involve expanding manufacturing capabilities, investing in research and development for next-generation solutions, and broadening its sales and distribution network to reach a wider client base within the global paper industry. This investment will be critical in solidifying its position as a leader in specialized paper production machinery.

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Frequently Asked Questions Regarding Precision Gear & Machine Financial Insights

What are the most recent funding rounds that Precision Gear & Machine has completed, and what were the funding rounds?
Precision Gear & Machine has recently completed 1 funding rounds: Debt on Jan 20, 2021.
What is the total amount of funding Precision Gear & Machine has raised to date?
Precision Gear & Machine has raised a total of $43K in funding to date.
How many funding rounds has Precision Gear & Machine completed?
Precision Gear & Machine has completed 1 funding rounds.
How much funding did Precision Gear & Machine raise in its most recent funding round?
Precision Gear & Machine raised $43K in its most recent funding round.
Who are the lead investors in Precision Gear & Machine's latest funding round?
The lead investor in Precision Gear & Machine'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 Gear & Machine's history?
The largest funding round in Precision Gear & Machine's history was $43K.
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