How Much Did Schain Mold & Engineering Raise?
Funding & Key Investors

Schain Mold & Engineering has secured $715K in total capital, with its most recent financing round bringing in $365K. This major strategic investment underscores the company's significant position in the manufacturing and engineering sector, particularly within the Metropolitan Detroit area.

What is Schain Mold & Engineering?

Schain Mold & Engineering
ManufacturingIndustrial Machinery & Equipment

Schain Mold & Engineering is a seasoned provider of design and development services, boasting over 34 years of industry experience. The company serves a broad spectrum of sectors, including automotive, aerospace, medical technology, and consumer products. Their core competencies lie in advanced manufacturing and injection molding, supported by a 37,000 square foot facility equipped with state-of-the-art machinery. Schain Mold & Engineering is dedicated to achieving 100% on-time delivery and cultivating enduring client partnerships, leveraging innovation and technology to guide hardware startups from initial concept through to market launch.

How much funding has Schain Mold & Engineering raised?

Schain Mold & Engineering has raised a total of $715K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$365K

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

Debt (2021): $365K led by PPP

Key Investors in Schain Mold & Engineering

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Schain Mold & Engineering?

The recent major strategic investment signals a period of accelerated growth and potential expansion for Schain Mold & Engineering. This capital infusion is likely to bolster their capabilities in advanced manufacturing and injection molding, enabling them to take on more complex projects and potentially broaden their industry reach. The company's established track record and commitment to innovation position it well to capitalize on this new phase of development, further solidifying its role as a key player in bringing new products to market.

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Frequently Asked Questions Regarding Schain Mold & Engineering Financial Insights

What are the most recent funding rounds that Schain Mold & Engineering has completed, and what were the funding rounds?
Schain Mold & Engineering has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Schain Mold & Engineering has raised to date?
Schain Mold & Engineering has raised a total of $715K in funding to date.
How many funding rounds has Schain Mold & Engineering completed?
Schain Mold & Engineering has completed 2 funding rounds.
How much funding did Schain Mold & Engineering raise in its most recent funding round?
Schain Mold & Engineering raised $365K in its most recent funding round.
Who are the lead investors in Schain Mold & Engineering's latest funding round?
The lead investor in Schain Mold & Engineering'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 Schain Mold & Engineering's history?
The largest funding round in Schain Mold & Engineering's history was $365K.
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