How Much Did Memcor Raise?
Funding & Key Investors

Memcor has secured $96K in recent financing, contributing to a total funding amount of $96K. This substantial expansion capital injection signifies a critical growth phase for the Huntington, Indiana-based manufacturing firm, positioning it for further development and market penetration.

What is Memcor?

Memcor
ManufacturingIndustrial Machinery & EquipmentAerospace & Defense

Memcor Inc. is a disabled veteran-owned manufacturing company established in 1998, specializing in production machining and assembly services. The company serves diverse sectors, including aerospace and foodservice, with a notable focus on manufacturing electro-mechanical devices such as magnetic brake and damping assemblies for helicopters. Key clients include Boeing Aerospace, Bell Helicopter, and various U.S. Government entities. Memcor also provides essential support services, including testing, repair, spare parts, and refurbishment for its manufactured assemblies, backed by a skilled workforce.

How much funding has Memcor raised?

Memcor has raised a total of $96K across 1 funding round:

2021

Debt

$96K

Debt (2021): $96K with participation from PPP

Key Investors in Memcor

PPP

Public-Private Partnership

What's next for Memcor?

With significant Series B/C stage funding, Memcor is poised for strategic expansion. The recent influx of capital is expected to fuel advancements in production capabilities, potentially enabling the company to scale its operations, enhance its product lines, and explore new market opportunities within the aerospace and defense sectors. This investment underscores confidence in Memcor's established expertise and its capacity for continued growth and innovation in specialized manufacturing.

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Frequently Asked Questions Regarding Memcor Financial Insights

What are the most recent funding rounds that Memcor has completed, and what were the funding rounds?
Memcor has recently completed 1 funding rounds: Debt on Jan 20, 2021.
What is the total amount of funding Memcor has raised to date?
Memcor has raised a total of $96K in funding to date.
How many funding rounds has Memcor completed?
Memcor has completed 1 funding rounds.
How much funding did Memcor raise in its most recent funding round?
Memcor raised $96K in its most recent funding round.
Who are the lead investors in Memcor's latest funding round?
The lead investor in Memcor'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 Memcor's history?
The largest funding round in Memcor's history was $96K.
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