How Much Did Riedon Raise?
Funding & Key Investors

Riedon, Inc., a long-standing leader in the precision component manufacturing sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $1.1M. This latest infusion of $775K underscores the company's robust market position and its ongoing commitment to scaling operations within the highly specialized electronics and instrumentation landscape. By leveraging this financial backing, Riedon continues to solidify its reputation as a critical supplier for high-stakes industries requiring extreme reliability and precision engineering.

What is Riedon?

Riedon
ManufacturingElectronics

Founded in 1960 and headquartered in Alhambra, California, Riedon, Inc. operates as a sophisticated designer and manufacturer of advanced resistive components. The company's extensive product portfolio includes wire wound, thick and metal film power resistors, surface mount devices, and high-voltage current sense solutions. Beyond standard components, Riedon provides specialized manufacturing services, including the production of resistance flow meter elements, inductive sensors, and coils for motion actuators. With a global footprint spanning Los Angeles and Berlin, the firm serves as a vital link in the supply chains of the aerospace, military, and instrumentation sectors, ensuring that original equipment manufacturers have access to high-tolerance, temperature-stable hardware essential for mission-critical applications.

How much funding has Riedon raised?

Riedon has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$775K

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

Debt (2021): $775K led by PPP

Key Investors in Riedon

PPP

Public-Private Partnership

What's next for Riedon?

With the recent influx of capital, Riedon is positioned to accelerate its strategic growth initiatives, focusing on the modernization of its manufacturing facilities and the expansion of its technical support capabilities. As the demand for precision electronics in aerospace and defense continues to rise, the company is expected to leverage this financing to enhance its R&D efforts, particularly in the development of next-generation resistive and inductive sensors. By maintaining its focus on high-performance engineering and international distribution, Riedon is well-equipped to navigate the complexities of the global industrial market, ensuring long-term operational resilience and continued technological leadership in the precision resistor space.

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Frequently Asked Questions Regarding Riedon Financial Insights

What are the most recent funding rounds that Riedon has completed, and what were the funding rounds?
Riedon has recently completed 2 funding rounds: Debt on Mar 18, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Riedon has raised to date?
Riedon has raised a total of $1.1M in funding to date.
How many funding rounds has Riedon completed?
Riedon has completed 2 funding rounds.
How much funding did Riedon raise in its most recent funding round?
Riedon raised $775K in its most recent funding round.
Who are the lead investors in Riedon's latest funding round?
The lead investor in Riedon'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 Riedon's history?
The largest funding round in Riedon's history was $775K.
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