What is Recora?
Recora specializes in the design and manufacturing of custom-designed electrical Switchmats and flexible pressure-sensitive switches. The company provides robust solutions for presence and absence detection, critical for various industrial applications. Their innovative products are integral to machinery safety, the automotive industry, automated equipment, and both personnel and vehicle detection systems. Recora also extends its expertise through consultation services, assisting clients with both standard and complex detection challenges.
How much funding has Recora raised?
Recora has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Recora
PPP
Public-Private Partnership
What's next for Recora?
With a substantial large-scale late-stage funding context, Recora is well-positioned for accelerated growth. This strategic backing is expected to fuel further product development, enhance manufacturing capabilities, and expand its sales and distribution networks. The company's focus on essential industrial detection solutions suggests a continued emphasis on innovation and market penetration, aiming to solidify its position as a leader in specialized switchmat technology.
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