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How Much Did Prime Technology Raise?
Funding & Key Investors

Prime Technology has secured $830K in total capital, with its most recent financing round bringing in $480K in a major strategic investment. This enterprise-level funding underscores the company's established market presence and its ongoing growth trajectory.

What is Prime Technology?

Prime Technology
ManufacturingTest & Measurement Equipment

Founded in 1973 and headquartered in Mt. Vernon, New York, Prime Technology has operated from its North Branford, Connecticut facility since 1982. The company boasts a significant manufacturing presence with a 20,000 square foot facility in the Dominican Republic, operational since 1986. With nearly four decades of history, Prime Technology has built a solid foundation and a strong market position, renewing its commitment to customers and preparing for future expansion.

How much funding has Prime Technology raised?

Prime Technology has raised a total of $830K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$480K

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

Debt (2021): $480K led by PPP

Key Investors in Prime Technology

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Prime Technology?

The recent major strategic investment signals a new phase of growth for Prime Technology. This capital infusion is expected to fuel further development and expansion of its commercial manufacturing capabilities, both domestically and internationally. The company's long-standing history and established infrastructure position it well to leverage this financing for enhanced market penetration and operational scaling.

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Frequently Asked Questions Regarding Prime Technology Financial Insights

What are the most recent funding rounds that Prime Technology has completed, and what were the funding rounds?
Prime Technology has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 6, 2020. What is the total amount of funding Prime Technology has raised to date?
Prime Technology has raised a total of $830K in funding to date. How many funding rounds has Prime Technology completed?
Prime Technology has completed 2 funding rounds. How much funding did Prime Technology raise in its most recent funding round?
Prime Technology raised $480K in its most recent funding round. Who are the lead investors in Prime Technology's latest funding round?
The lead investor in Prime Technology'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 Prime Technology's history?
The largest funding round in Prime Technology's history was $480K.
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