How Much Did Precision Manufacturing Raise?
Funding & Key Investors

Precision Manufacturing has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant strategic investment marks a key moment for the company as it operates within a large-scale late-stage funding environment.

What is Precision Manufacturing?

Precision Manufacturing
ManufacturingIndustrial Machinery & Equipment

Precision Manufacturing specializes in the design, manufacturing, assembly, polishing, and inspection of custom aluminum wheels, including the Ego Tripp T-6 three-piece model. Operating from Lubbock, Texas, the company maintains complete in-house quality control, guaranteeing the finished product. They offer a range of popular styles and provide customers with the option to design their own bespoke wheels, aiming to deliver a "classy ride" through their products and accessories.

How much funding has Precision Manufacturing raised?

Precision Manufacturing has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Precision Manufacturing

PPP

Public-Private Partnership

What's next for Precision Manufacturing?

The substantial late-stage capital infusion positions Precision Manufacturing for significant scaling and operational expansion. This strategic backing is likely to fuel advancements in production capabilities, potentially enabling the company to increase its manufacturing output, enhance its custom design services, and broaden its market reach within the automotive aftermarket sector. The focus on in-house quality control suggests a commitment to premium product standards, which this investment will further support.

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Frequently Asked Questions Regarding Precision Manufacturing Financial Insights

What are the most recent funding rounds that Precision Manufacturing has completed, and what were the funding rounds?
Precision Manufacturing has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Precision Manufacturing has raised to date?
Precision Manufacturing has raised a total of $150K in funding to date.
How many funding rounds has Precision Manufacturing completed?
Precision Manufacturing has completed 1 funding rounds.
How much funding did Precision Manufacturing raise in its most recent funding round?
Precision Manufacturing raised $150K in its most recent funding round.
Who are the lead investors in Precision Manufacturing's latest funding round?
The lead investor in Precision Manufacturing'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 Manufacturing's history?
The largest funding round in Precision Manufacturing's history was $150K.
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