How Much Did Solid Development Raise?
Funding & Key Investors

Solid Development has secured $38K in total financing, with a recent capital injection of $38K marking a significant stage in its growth trajectory. This substantial expansion capital underscores the company's strategic positioning within the contract manufacturing sector.

What is Solid Development?

Solid Development
ManufacturingElectronicsIndustrial Machinery & Equipment

Solid Development operates as a full-service contract manufacturing entity, offering comprehensive solutions in product assembly, rework/repair, and design. The company provides OEM manufacturing services, product kitting, and packaging, emphasizing stringent quality control, as evidenced by its ISO 9001 certification. It targets businesses seeking to optimize capacity and cash flow through manufacturing outsourcing, as well as those requiring expert engineering support for product development. Solid Development aims to be a pivotal growth partner, leveraging a vetted supply chain and a commitment to rapid turnaround times.

How much funding has Solid Development raised?

Solid Development has raised a total of $38K across 1 funding round:

2021

Debt

$38K

Debt (2021): $38K with participation from PPP

Key Investors in Solid Development

PPP

Public-Private Partnership

What's next for Solid Development?

The recent substantial expansion capital, indicative of a Series B/C funding stage, positions Solid Development for accelerated scaling and market penetration. This financing is expected to fuel enhancements in operational capacity, supply chain optimization, and potentially the expansion of its service offerings. The company's focus on quality and efficiency, coupled with its strategic outsourcing model, suggests a continued trajectory of growth and a strengthened competitive advantage in the contract manufacturing landscape.

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Frequently Asked Questions Regarding Solid Development Financial Insights

What are the most recent funding rounds that Solid Development has completed, and what were the funding rounds?
Solid Development has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Solid Development has raised to date?
Solid Development has raised a total of $38K in funding to date.
How many funding rounds has Solid Development completed?
Solid Development has completed 1 funding rounds.
How much funding did Solid Development raise in its most recent funding round?
Solid Development raised $38K in its most recent funding round.
Who are the lead investors in Solid Development's latest funding round?
The lead investor in Solid Development'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 Solid Development's history?
The largest funding round in Solid Development's history was $38K.
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