How Much Did Refracto Technologies Raise?
Funding & Key Investors

Refracto Technologies has secured $51K in total investment, with a recent capital injection of $51K designated for substantial expansion. This financing round, occurring in February 2021, signifies a critical growth phase for the company, likely aligning with Series B or C stages of development, underscoring its established market presence and future potential in the precision machining sector.

The company's strategic financing underscores its commitment to advancing its capabilities in specialized machining services.

What is Refracto Technologies?

Refracto Technologies
ManufacturingIndustrial Machinery & Equipment

Refracto Technologies Corp. is a specialist in precision refractory metal machining and Electrical Discharge Machining (EDM), offering both wire and sinker EDM services. With over five decades of operational experience, the company leverages high-tech cutting equipment to produce intricate components from exotic materials that are beyond the scope of traditional machining methods. Their expertise is sought after by clients globally who require complex designs and delicate features, positioning Refracto Technologies as a key provider of advanced manufacturing solutions in Bohemia, NY, and beyond.

How much funding has Refracto Technologies raised?

Refracto Technologies has raised a total of $51K across 1 funding round:

2021

Debt

$51K

Debt (2021): $51K with participation from PPP

What's next for Refracto Technologies?

The recent substantial expansion capital infusion positions Refracto Technologies for significant operational scaling and technological advancement. This strategic investment is expected to fuel the enhancement of their EDM and CNC machining capabilities, potentially enabling the company to take on larger, more complex projects and expand its market reach. The company's focus on refractory metals and intricate designs suggests a trajectory towards solidifying its leadership in niche, high-value manufacturing segments, further supported by this latest round of financing.

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Frequently Asked Questions Regarding Refracto Technologies Financial Insights

What are the most recent funding rounds that Refracto Technologies has completed, and what were the funding rounds?
Refracto Technologies has recently completed 1 funding rounds: Debt on Feb 18, 2021.
What is the total amount of funding Refracto Technologies has raised to date?
Refracto Technologies has raised a total of $51K in funding to date.
How many funding rounds has Refracto Technologies completed?
Refracto Technologies has completed 1 funding rounds.
How much funding did Refracto Technologies raise in its most recent funding round?
Refracto Technologies raised $51K in its most recent funding round.
Who are the lead investors in Refracto Technologies's latest funding round?
The lead investor in Refracto Technologies'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 Refracto Technologies's history?
The largest funding round in Refracto Technologies's history was $51K.
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