Recora Funding: How Much Did They Raise & Key Investors

How Much Did Recora Raise?
Funding & Key Investors

Recora has secured significant capital, with a total funding amount of $150K and a recent funding round of $150K. This latest strategic investment underscores the company's established presence and potential for further expansion in its sector. The company's financial trajectory indicates a mature stage of development, likely leveraging this capital for scaling operations and market penetration.

What is Recora?

Recora

Manufacturing

Electronics

Test & Measurement Equipment

Recora specializes in the manufacturing and design of custom and standard electrical Switchmats and flexible pressure-sensitive switches. The company provides robust solutions for presence and absence detection, critical for industrial safety applications, the automotive sector, and automated equipment. Their expertise extends to personnel and vehicle detection, supported by consultation services to address complex detection requirements for clients.

How much funding has Recora raised?

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

2020

Debt

$150K

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

What's next for Recora?

With a large-scale, late-stage funding context, Recora is poised for significant growth. The recent strategic investment suggests a focus on enhancing production capabilities, expanding market reach, and potentially developing new product lines or technologies. Future developments will likely involve solidifying its position in industrial automation and safety, possibly through strategic partnerships or acquisitions, to capitalize on evolving market demands.

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