How Much Did TechnologyXperts Raise?
Funding & Key Investors

TechnologyXperts has secured $2M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This significant backing underscores the company's established presence and strategic importance within its sector. The company's funding history, marked by debt financing rounds in April 2020 and January 2021, both from undisclosed sources, indicates a period of operational scaling and resource acquisition.

What is TechnologyXperts?

TechnologyXperts
ManufacturingAerospace & Defense

TechnologyXperts is a licensed Class 3 manufacturer specializing in destructive devices and military firearms. The company's product line includes light to heavy machine guns such as the H.C.A.R., REAPR, and various SLR models. Operating from a substantial 35,000+ sq. ft. facility with over 80 employees, TechnologyXperts delivers precision firearms and parts to military clients both domestically and globally. Their operations extend to partnerships with vehicle manufacturers for arms supply to training simulators and military mounts, highlighting a broad integration into defense supply chains. The company's commitment to engineering, advanced technology, and historical preservation is central to its value proposition, ensuring the quality and reliability of its specialized products.

How much funding has TechnologyXperts raised?

TechnologyXperts has raised a total of $2M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1M

Debt (2020): $1M with participation from PPP

Debt (2021): $1M led by PPP

What's next for TechnologyXperts?

The recent major strategic investment, alongside the substantial total funding of $2M, positions TechnologyXperts for continued growth and innovation in the defense manufacturing sector. This capital infusion is likely to support advancements in product development, expansion of manufacturing capabilities, and strengthening of its global military client base. The company's focus on high-reliability firearms and integration with military platforms suggests a strategic direction aimed at capturing larger defense contracts and further solidifying its niche in the market. Future developments may include the introduction of new weapon systems and enhanced technological integrations for defense applications.

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Frequently Asked Questions Regarding TechnologyXperts Financial Insights

What are the most recent funding rounds that TechnologyXperts has completed, and what were the funding rounds?
TechnologyXperts has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 6, 2020.
What is the total amount of funding TechnologyXperts has raised to date?
TechnologyXperts has raised a total of $2M in funding to date.
How many funding rounds has TechnologyXperts completed?
TechnologyXperts has completed 2 funding rounds.
How much funding did TechnologyXperts raise in its most recent funding round?
TechnologyXperts raised $1M in its most recent funding round.
Who are the lead investors in TechnologyXperts's latest funding round?
The lead investor in TechnologyXperts'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 TechnologyXperts's history?
The largest funding round in TechnologyXperts's history was $1M.
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