How Much Did Symtek Raise?
Funding & Key Investors

Symtek has secured $14K in total capital, with a recent infusion of $14K designated for moderate growth. This funding round, occurring at a Series A/B growth stage, is poised to accelerate the company's expansion in the specialized OEM manufacturing sector.

What is Symtek?

Symtek
ManufacturingElectronicsIndustrial Machinery & Equipment

Symtek Corporation operates as a dedicated OEM manufacturer, providing essential spare parts for Symtek Handlers. Leveraging original CAD drawings, the company ensures precision in its offerings, which also include redesigned components and assemblies for obsolete discrete devices. This focus on maintaining the functionality of existing products positions Symtek as a critical support partner for clients reliant on Symtek Handlers, particularly those facing challenges with legacy equipment. Based in San Diego, California, Symtek is committed to delivering high-quality manufacturing solutions and ensuring the continued operational efficiency of its customers' systems.

How much funding has Symtek raised?

Symtek has raised a total of $14K across 1 funding round:

2021

Debt

$14K

Debt (2021): $14K with participation from PPP

What's next for Symtek?

With the recent capital injection, Symtek is strategically positioned to enhance its manufacturing capabilities and potentially expand its service offerings for Symtek Handlers and other specialized equipment. The Series A/B growth stage funding suggests a focus on scaling operations, optimizing supply chains, and possibly investing in research and development for advanced component solutions. This investment will likely enable Symtek to solidify its market position as a reliable provider of spare parts and maintenance solutions for critical industrial machinery, ensuring long-term product support and customer satisfaction.

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Frequently Asked Questions Regarding Symtek Financial Insights

What are the most recent funding rounds that Symtek has completed, and what were the funding rounds?
Symtek has recently completed 1 funding rounds: Debt on Mar 18, 2021.
What is the total amount of funding Symtek has raised to date?
Symtek has raised a total of $14K in funding to date.
How many funding rounds has Symtek completed?
Symtek has completed 1 funding rounds.
How much funding did Symtek raise in its most recent funding round?
Symtek raised $14K in its most recent funding round.
Who are the lead investors in Symtek's latest funding round?
The lead investor in Symtek'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 Symtek's history?
The largest funding round in Symtek's history was $14K.
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