How Much Did Lakecraft Raise?
Funding & Key Investors

Lakecraft, a long-standing manufacturer of custom Vertical Propeller Marsh Pumps, has secured $104K in total capital, with its most recent financing round bringing in $104K through a major strategic investment. This latest infusion of capital signals a significant milestone for the Port Clinton, Ohio-based company, which has been a key player in wetland protection solutions for over six decades.

What is Lakecraft?

Lakecraft
ManufacturingIndustrial Machinery & Equipment

Specializing in the fabrication of durable and low-maintenance pumping solutions, Lakecraft offers a comprehensive range of gas, electric, and diesel-powered Vertical Propeller Marsh Pumps. Their expertise extends to serving agricultural lands and wetland protection initiatives, particularly along the Lake Erie shoreline. Beyond pump manufacturing, Lakecraft operates a full-service machine shop, providing essential pump fabrication and repair services, alongside a variety of related products. The company's deep-rooted experience, spanning over 60 years, underscores its commitment to quality and reliability in specialized pumping technology.

How much funding has Lakecraft raised?

Lakecraft has raised a total of $104K across 1 funding round:

2021

Debt

$104K

Debt (2021): $104K with participation from PPP

Key Investors in Lakecraft

PPP

Public-Private Partnership

What's next for Lakecraft?

The substantial backing, characterized as a large-scale late-stage funding, positions Lakecraft for accelerated growth and potential market expansion. This strategic investment is likely to fuel advancements in their product line, enhance manufacturing capabilities, and potentially broaden their service offerings. With a solid foundation built over six decades, Lakecraft is poised to leverage this capital to further solidify its leadership in the niche market of marsh pump solutions and related services, ensuring continued innovation and customer support.

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Frequently Asked Questions Regarding Lakecraft Financial Insights

What are the most recent funding rounds that Lakecraft has completed, and what were the funding rounds?
Lakecraft has recently completed 1 funding rounds: Debt on Feb 7, 2021.
What is the total amount of funding Lakecraft has raised to date?
Lakecraft has raised a total of $104K in funding to date.
How many funding rounds has Lakecraft completed?
Lakecraft has completed 1 funding rounds.
How much funding did Lakecraft raise in its most recent funding round?
Lakecraft raised $104K in its most recent funding round.
Who are the lead investors in Lakecraft's latest funding round?
The lead investor in Lakecraft'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 Lakecraft's history?
The largest funding round in Lakecraft's history was $104K.
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