How Much Did Union Technology Raise?
Funding & Key Investors

Union Technology, a specialized manufacturer of multilayer ceramic capacitors, has successfully secured a significant capital injection to bolster its late-stage operational capacity. This major strategic investment, totaling $350K, underscores the firm's enduring commitment to high-reliability electronic components. With a cumulative financial backing of $350K, the company continues to solidify its market position as a critical supplier for defense and industrial applications requiring stringent adherence to military-grade specifications.

What is Union Technology?

Union Technology
ManufacturingElectronics

Founded in 1991 and headquartered in Monterey Park, California, Union Technology Corp. (UTC) operates at the intersection of advanced materials science and precision manufacturing. The company distinguishes itself through the production of lead-free, RoHS-compliant ceramic capacitors, serving a diverse client base that demands rigorous quality assurance. By maintaining in-house capabilities for MIL-PRF-49470 and related military standard inspections, UTC provides a vital link in the supply chain for high-frequency and high-reliability electronic systems. Their 30,000-square-foot facility serves as a hub for engineering excellence, enabling the firm to maintain competitive lead times while upholding the highest standards of ISO 9001:2008 certification.

How much funding has Union Technology raised?

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

2020

Debt

$350K

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

Key Investors in Union Technology

PPP

Public-Private Partnership

What's next for Union Technology?

The infusion of capital is expected to accelerate Union Technology's strategic initiatives in product development and manufacturing efficiency. As the electronics industry faces increasing pressure for sustainable and compliant components, UTC is well-positioned to leverage its established inventory programs and technical expertise to capture additional market share. Future growth will likely focus on expanding the firm's capacity to meet the evolving demands of DSCC-standardized parts, ensuring that the company remains a preferred partner for mission-critical applications. By optimizing its production systems and maintaining its robust quality management framework, Union Technology is poised to navigate the complexities of the global electronic component market with increased agility and technical authority.

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Frequently Asked Questions Regarding Union Technology Financial Insights

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