How Much Did State Technology Raise?
Funding & Key Investors

State Technology has secured $40K in total funding, with a recent capital infusion of $40K announced on March 26, 2021. This substantial expansion capital marks a significant milestone for the company, positioning it within the significant Series B/C stage of its growth trajectory. The financing round underscores investor confidence in State Technology's established market presence and future potential.

What is State Technology?

State Technology
Consumer ServicesRepair Services

State Technology Inc., an ISO 9001:2015 certified entity based in Bridgeport, NJ, is a specialized provider of calibration, refurbishment, and repair services for critical medical diagnostic equipment and laboratory instrumentation. The company's comprehensive service portfolio includes weight, volumetric, and temperature calibration, alongside validation services. State Technology also excels in the repair of diverse laboratory apparatus, such as tube sealers, balances, centrifuges, and pH meters, catering primarily to the biomedical sector. Their commitment to high-quality service ensures adherence to stringent industry standards, making them a vital partner in maintaining operational integrity for their clientele.

How much funding has State Technology raised?

State Technology has raised a total of $40K across 1 funding round:

2021

Debt

$40K

Debt (2021): $40K with participation from PPP

Key Investors in State Technology

PPP

Public-Private Partnership

What's next for State Technology?

With the recent influx of substantial expansion capital, State Technology is poised for accelerated growth and enhanced service delivery. The company's strategic focus will likely involve scaling its operational capacity, expanding its service reach, and potentially investing in advanced technological solutions to further refine its calibration and repair processes. This funding will enable State Technology to solidify its position as a leader in the biomedical support services sector, driving innovation and maintaining its reputation for reliability and precision.

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Frequently Asked Questions Regarding State Technology Financial Insights

What are the most recent funding rounds that State Technology has completed, and what were the funding rounds?
State Technology has recently completed 1 funding rounds: Debt on Mar 26, 2021.
What is the total amount of funding State Technology has raised to date?
State Technology has raised a total of $40K in funding to date.
How many funding rounds has State Technology completed?
State Technology has completed 1 funding rounds.
How much funding did State Technology raise in its most recent funding round?
State Technology raised $40K in its most recent funding round.
Who are the lead investors in State Technology's latest funding round?
The lead investor in State Technology'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 State Technology's history?
The largest funding round in State Technology's history was $40K.
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