How Much Did StoreTEK Engineering & Manufacturing Raise?
Funding & Key Investors

StoreTEK Engineering & Manufacturing has successfully secured a significant capital injection, bringing its total cumulative financing to $150K. This latest major strategic investment of $150K underscores the firm's robust position within the industrial automation sector. By leveraging this influx of capital, the company is well-positioned to accelerate its operational footprint and enhance its technological capabilities in a competitive manufacturing landscape.

What is StoreTEK Engineering & Manufacturing?

StoreTEK Engineering & Manufacturing
ManufacturingIndustrial Machinery & EquipmentArchitecture, Engineering & Design

StoreTEK Engineering & Manufacturing operates as a critical infrastructure partner for the automotive, tire, and warehousing sectors. The company specializes in the design and deployment of sophisticated material handling equipment and bespoke automation solutions. By integrating custom machining, fabrication, and high-level engineering consulting, StoreTEK addresses the complex productivity challenges faced by modern logistics and production facilities. With a strategic presence in Ohio and Michigan, the firm maintains a reputation for responsive, high-touch service that bridges the gap between traditional manufacturing and modern, automated workflow optimization.

How much funding has StoreTEK Engineering & Manufacturing raised?

StoreTEK Engineering & Manufacturing has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in StoreTEK Engineering & Manufacturing

PPP

Public-Private Partnership

What's next for StoreTEK Engineering & Manufacturing?

With the successful closure of this late-stage funding round, StoreTEK is poised to scale its engineering services and expand its proprietary automation technology portfolio. The strategic roadmap likely involves deepening its penetration into the logistics and warehousing markets, where demand for automated material handling remains at an all-time high. By focusing on R&D and operational efficiency, the company aims to solidify its market share, potentially exploring new geographic territories or advanced robotics integration to further differentiate its service offerings from legacy competitors.

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Frequently Asked Questions Regarding StoreTEK Engineering & Manufacturing Financial Insights

What are the most recent funding rounds that StoreTEK Engineering & Manufacturing has completed, and what were the funding rounds?
StoreTEK Engineering & Manufacturing has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding StoreTEK Engineering & Manufacturing has raised to date?
StoreTEK Engineering & Manufacturing has raised a total of $150K in funding to date.
How many funding rounds has StoreTEK Engineering & Manufacturing completed?
StoreTEK Engineering & Manufacturing has completed 1 funding rounds.
How much funding did StoreTEK Engineering & Manufacturing raise in its most recent funding round?
StoreTEK Engineering & Manufacturing raised $150K in its most recent funding round.
Who are the lead investors in StoreTEK Engineering & Manufacturing's latest funding round?
The lead investor in StoreTEK Engineering & Manufacturing'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 StoreTEK Engineering & Manufacturing's history?
The largest funding round in StoreTEK Engineering & Manufacturing's history was $150K.
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