How Much Did Elan Technology Raise?
Funding & Key Investors

Elan Technology has secured $898K in major enterprise-level funding, with its most recent capital infusion of $548K arriving as a major strategic investment on January 23, 2021. This significant backing underscores the company's established presence and ongoing strategic importance within its sector.

What is Elan Technology?

Elan Technology
ManufacturingBuilding MaterialsGlass & Clay

Elan Technology stands as a prominent U.S. manufacturer of advanced industrial ceramics and glass materials, boasting nearly eight decades of operational expertise. The company specializes in critical products such as ceramic components, glass preforms, and robust glass-to-metal hermetic seals. Its advanced materials and engineering support are vital to a diverse array of high-stakes industries, including medical, defense, aerospace, and automotive sectors. Elan Technology also provides specialized contract manufacturing services, including spray drying and rotary calcining, ensuring precision production for various materials. Furthermore, through its Origin Glass division, the company extends its offerings to artistic borosilicate glass products, serving both hobbyists and professional artists.

How much funding has Elan Technology raised?

Elan Technology has raised a total of $898K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$548K

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

Debt (2021): $548K led by PPP

Key Investors in Elan Technology

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Elan Technology?

The recent major strategic investment signals a pivotal phase for Elan Technology, likely aimed at accelerating its product development, expanding its manufacturing capabilities, or enhancing its market reach within the demanding industrial ceramics and glass materials sector. This capital infusion is expected to fortify its position as a key supplier to critical industries and potentially drive innovation in material science and custom manufacturing solutions. The company's long-standing experience and diverse industry penetration provide a strong foundation for leveraging this strategic financing to achieve new growth milestones.

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Frequently Asked Questions Regarding Elan Technology Financial Insights

What are the most recent funding rounds that Elan Technology has completed, and what were the funding rounds?
Elan Technology has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Elan Technology has raised to date?
Elan Technology has raised a total of $898K in funding to date.
How many funding rounds has Elan Technology completed?
Elan Technology has completed 2 funding rounds.
How much funding did Elan Technology raise in its most recent funding round?
Elan Technology raised $548K in its most recent funding round.
Who are the lead investors in Elan Technology's latest funding round?
The lead investor in Elan 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 Elan Technology's history?
The largest funding round in Elan Technology's history was $548K.
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