How Much Did ThinGap Raise?
Funding & Key Investors

ThinGap has secured $664K in total capital, with its most recent financing round bringing in $314K in a major strategic investment. This significant backing underscores the company's progress and potential in its specialized market.

What is ThinGap?

ThinGap
ManufacturingIndustrial Machinery & Equipment

ThinGap is a specialist in high power density brushless motors, focusing on direct drive technology. The company offers both standard and custom-made motor solutions, catering to demanding industries such as semiconductor equipment, high-speed applications, and renewable energy innovations. Their products are engineered for high precision and exceptionally smooth motion, with the TG Series notably providing zero-cogging motion ideal for sensitive haptic feedback applications. ThinGap's commitment to performance scalability ensures their motors meet diverse operational requirements, from small-scale precision tasks to larger industrial needs.

How much funding has ThinGap raised?

ThinGap has raised a total of $664K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$314K

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

Debt (2021): $314K led by PPP

Key Investors in ThinGap

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for ThinGap?

The recent major strategic investment signals a pivotal growth phase for ThinGap. This capital infusion is expected to accelerate product development, expand manufacturing capabilities, and potentially broaden market penetration into new high-growth sectors. The company's focus on precision and efficiency in direct drive technology positions it well to capitalize on increasing demand for advanced motion control solutions across various industrial landscapes. Future endeavors will likely involve further innovation in motor design and integration, solidifying ThinGap's role as a key player in the advanced motor technology market.

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Frequently Asked Questions Regarding ThinGap Financial Insights

What are the most recent funding rounds that ThinGap has completed, and what were the funding rounds?
ThinGap has recently completed 2 funding rounds: Debt on Jan 19, 2021, Debt on Apr 15, 2020.
What is the total amount of funding ThinGap has raised to date?
ThinGap has raised a total of $664K in funding to date.
How many funding rounds has ThinGap completed?
ThinGap has completed 2 funding rounds.
How much funding did ThinGap raise in its most recent funding round?
ThinGap raised $314K in its most recent funding round.
Who are the lead investors in ThinGap's latest funding round?
The lead investor in ThinGap'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 ThinGap's history?
The largest funding round in ThinGap's history was $350K.
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