How Much Did Source-Ray Raise?
Funding & Key Investors

Source-Ray has secured $759K in total capital, with its most recent funding round bringing in $409K through a major strategic investment. This significant backing underscores the company's established presence and ongoing development in the advanced X-ray generator and medical systems market.

What is Source-Ray?

Source-Ray
ManufacturingTest & Measurement EquipmentMedical Devices & Equipment

Source-Ray is a specialized entity focused on the design and manufacturing of X-ray generators and sophisticated medical systems. The company provides cutting-edge solutions across multiple sectors, including medical, veterinary, industrial, military, and research applications. Their product portfolio encompasses both comprehensive medical and veterinary X-ray systems, alongside highly customizable X-ray generators engineered to meet specific Original Equipment Manufacturer (OEM) requirements. Source-Ray's dedication to enhancing X-ray technology positions it as a key provider of high-quality, dependable, and efficient diagnostic imaging equipment.

How much funding has Source-Ray raised?

Source-Ray has raised a total of $759K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$409K

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

Debt (2021): $409K led by PPP

Key Investors in Source-Ray

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Source-Ray?

The substantial enterprise-level funding indicates Source-Ray is poised for significant expansion and technological advancement. This capital injection is likely to fuel further research and development into next-generation X-ray technologies, potentially broadening their market reach into new industrial or specialized medical applications. The company may also look to scale its manufacturing capabilities and enhance its global distribution network to meet increasing demand for its innovative solutions. Strategic partnerships or acquisitions could also be on the horizon as Source-Ray solidifies its position in the advanced imaging market.

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Frequently Asked Questions Regarding Source-Ray Financial Insights

What are the most recent funding rounds that Source-Ray has completed, and what were the funding rounds?
Source-Ray has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Source-Ray has raised to date?
Source-Ray has raised a total of $759K in funding to date.
How many funding rounds has Source-Ray completed?
Source-Ray has completed 2 funding rounds.
How much funding did Source-Ray raise in its most recent funding round?
Source-Ray raised $409K in its most recent funding round.
Who are the lead investors in Source-Ray's latest funding round?
The lead investor in Source-Ray'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 Source-Ray's history?
The largest funding round in Source-Ray's history was $409K.
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