What is Texmate?
Founded in 1976, Texmate, Inc. specializes in high-quality, IoT-ready panel and DIN rail mount indicators, bargraphs, process controllers, and micro PLCs. Their extensive product line, including custom meters, analog meters, and power transducers, serves critical applications across manufacturing, oil and gas, food processing, and military sectors. Renowned for exceptional reliability and durability, Texmate's products undergo rigorous testing at their California facility, ensuring precision measurement and control solutions for demanding industrial environments.
How much funding has Texmate raised?
Texmate has raised a total of $77K across 1 funding round:
Debt
$77K
Debt (2021): $77K with participation from PPP
Key Investors in Texmate
PPP
Public-Private Partnership
What's next for Texmate?
With significant Series B/C stage backing, Texmate is poised for accelerated growth and market penetration. The recent infusion of substantial expansion capital suggests a strategic focus on scaling operations, enhancing product development, and potentially expanding its distribution network. This investment will likely enable Texmate to further solidify its position as a leader in industrial automation and control, leveraging its legacy of quality and innovation to meet evolving industry demands.
See full Texmate company page