What is Surmotech?
Surmotech is a women-owned electronic contract manufacturer that specializes in printed circuit board assembly, electro-mechanical assembly, and electronic testing services. The company caters to a diverse array of demanding markets, including aerospace, industrial, medical equipment, military/defense, and optics/vision. Surmotech's operational philosophy is centered on achieving excellence and surpassing client expectations through a collaborative and accountable approach. Their proactive team is adept at providing comprehensive supply chain solutions, ensuring the implementation of robust and repeatable processes for their clientele.
How much funding has Surmotech raised?
Surmotech has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$757K
Debt (2020): $350K with participation from PPP
Debt (2021): $757K led by PPP
What's next for Surmotech?
The recent major strategic investment signifies a pivotal moment for Surmotech, likely enabling the company to accelerate its growth initiatives, expand its manufacturing capabilities, and potentially broaden its market reach. This capital infusion is expected to bolster its position as a key player in electronic contract manufacturing, allowing for further investment in advanced technologies and operational efficiencies to meet the evolving demands of its high-stakes client base.
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