What is Riedon?
Founded in 1960 and based in Alhambra, California, Riedon, Inc. designs and manufactures a comprehensive range of wire wound, thick film, and metal film power resistors. Their product portfolio also extends to surface mount, high power, high voltage, current sense, and precision resistors, catering to original equipment manufacturers (OEMs). Beyond resistors, Riedon provides sub-assembly and cable manufacturing services, along with precision manufacturing for components such as resistance flow meter elements, specialized resistive and inductive sensors, and coils for linear and rotary motion actuators. The company's commitment to quality and precision serves critical industries including aerospace, military, and instrumentation, supported by a global distribution network and facilities in Los Angeles and Berlin.
How much funding has Riedon raised?
Riedon has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$775K
Debt (2020): $350K with participation from PPP
Debt (2021): $775K led by PPP
Key Investors in Riedon
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Riedon?
The recent major strategic investment indicates Riedon's continued importance within its niche sectors. With a history spanning over six decades, the company is well-positioned to leverage this capital for further technological advancement, expansion of manufacturing capabilities, or strengthening its supply chain resilience. The focus on enterprise-level funding suggests a strategy geared towards maintaining its competitive edge in high-reliability markets, potentially through enhanced product development, market penetration, or strategic partnerships. Riedon's trajectory points towards sustained operational performance and continued service to its demanding client base.
See full Riedon company page
