How Much Did Technical Services Raise?
Funding & Key Investors

Technical Services, a seasoned manufacturer based in Ames, IA, has secured significant capital, with its total funding reaching $458K. The company recently closed a major strategic investment of $308K on April 5, 2020, marking a pivotal moment in its growth trajectory. This latest financing round underscores the company's established position in the market and its ongoing expansion efforts.

What is Technical Services?

Technical Services
ManufacturingIndustrial Machinery & Equipment

Technical Services Inc. is a comprehensive, full-service manufacturer with over four decades of experience in automated machine design, build, installation, and training. The company specializes in delivering high-value custom machinery solutions across diverse industries, offering a broad spectrum of services including bespoke machine construction, industrial control systems, robotics integration, and metal welding and fabrication. Operating from a state-of-the-art facility, Technical Services leverages advanced machinery to adeptly address complex manufacturing challenges, complemented by a strong commitment to exceptional customer service.

How much funding has Technical Services raised?

Technical Services has raised a total of $458K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$308K

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

Debt (2021): $308K led by PPP

Key Investors in Technical Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Technical Services?

The substantial capital infusion, particularly the recent strategic investment, positions Technical Services for accelerated growth and enhanced operational capabilities. This backing is expected to fuel further innovation in automated machine design and manufacturing processes, potentially enabling the company to expand its market reach and deepen its service offerings. The company's long-standing expertise and focus on custom solutions suggest a strategic deployment of these funds towards scaling production, investing in new technologies, and potentially exploring new industry verticals.

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Frequently Asked Questions Regarding Technical Services Financial Insights

What are the most recent funding rounds that Technical Services has completed, and what were the funding rounds?
Technical Services has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Technical Services has raised to date?
Technical Services has raised a total of $458K in funding to date.
How many funding rounds has Technical Services completed?
Technical Services has completed 2 funding rounds.
How much funding did Technical Services raise in its most recent funding round?
Technical Services raised $308K in its most recent funding round.
Who are the lead investors in Technical Services's latest funding round?
The lead investor in Technical Services'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 Technical Services's history?
The largest funding round in Technical Services's history was $308K.
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