How Much Did Technico Raise?
Funding & Key Investors

Technico has secured $350K in total funding, with its most recent capital infusion amounting to $350K. This significant strategic investment underscores the company's established position in the manufacturing sector, particularly following its recent funding round on April 27, 2020.

What is Technico?

Technico
ManufacturingIndustrial Machinery & EquipmentAerospace & Defense

Technico Inc., founded in 1987 and headquartered in Spartanburg, SC, operates as a contract manufacturer specializing in precision CNC machined components. The company serves a diverse array of industries, including automotive, aerospace, medical, textile, telecommunications, energy, and packaging. Technico's comprehensive capabilities encompass EDM, manual machining, welding, fabrication, design, assembly, and parts finishing, positioning it as a versatile provider of tailored manufacturing solutions. Its mission centers on delivering high-quality, precision parts that meet stringent client specifications while upholding superior standards of quality and service.

How much funding has Technico raised?

Technico has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Technico

PPP

Public-Private Partnership

What's next for Technico?

With a history of substantial capital raising and a recent strategic investment, Technico is well-positioned for continued growth and operational expansion. The company's late-stage funding context suggests a focus on scaling production, enhancing technological capabilities, or pursuing strategic market penetration. Future developments are likely to involve leveraging its extensive manufacturing expertise to capture larger contracts and further solidify its market share across its target industries. The company's robust service offering and commitment to quality provide a strong foundation for sustained success.

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Frequently Asked Questions Regarding Technico Financial Insights

What are the most recent funding rounds that Technico has completed, and what were the funding rounds?
Technico has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Technico has raised to date?
Technico has raised a total of $350K in funding to date.
How many funding rounds has Technico completed?
Technico has completed 1 funding rounds.
How much funding did Technico raise in its most recent funding round?
Technico raised $350K in its most recent funding round.
Who are the lead investors in Technico's latest funding round?
The lead investor in Technico'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 Technico's history?
The largest funding round in Technico's history was $350K.
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