What is EVM?
EVM Inc. is a prominent manufacturer focused on screw machine products, with a particular emphasis on marine fuel tank components such as anti-siphon valves and hose barbs. The company has established a reputation for delivering best-in-class quality, ensuring high in-stock availability, and leveraging its engineering expertise to achieve minimal lead times for custom orders. EVM possesses extensive machining capabilities across a wide range of stock sizes and is adept at customizing products to meet specific client requirements. All products are designed to adhere to applicable standards and undergo rigorous performance verification by independent laboratories, ensuring reliability and compliance.
How much funding has EVM raised?
EVM has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in EVM
PPP
Public-Private Partnership
What's next for EVM?
The recent strategic investment, categorized as a major debt financing, suggests EVM is in a phase of operational scaling or capital expenditure to enhance its manufacturing capabilities and market reach. Given the 'large-scale late-stage funding' context, this capital infusion is likely aimed at solidifying its position in the marine fuel tank component market, potentially through increased production capacity, expanded distribution networks, or further product development to meet evolving industry demands and regulatory standards.
See full EVM company page
