How Much Did NEL Frequency Controls Raise?
Funding & Key Investors

NEL Frequency Controls has secured $858K in total capital, with its most recent financing round yielding $508K in a major strategic investment. This recent debt financing, dated January 20, 2021, follows a previous debt round on April 9, 2020, indicating a period of significant financial activity for the company.

What is NEL Frequency Controls?

NEL Frequency Controls
ManufacturingElectronics

NEL Frequency Controls stands as a technology leader in the development and manufacture of advanced frequency control products, specializing in crystal oscillators. The company caters to applications demanding challenging performance specifications, including ultra-low phase noise, ultra-low power consumption, and ultra-high frequency capabilities. NEL's research and development efforts are geared towards supporting next-generation customer applications that push the boundaries of system speed, bandwidth, resolution, accuracy, and power efficiency. Customers benefit from a broad, cost-competitive product offering that reflects globally competitive frequency control solutions. The company provides comprehensive technical support to assist technologists in selecting optimal frequency control solutions. With state-of-the-art manufacturing facilities in the USA and the Philippines, NEL Frequency Controls employs a flexible manufacturing model to compete globally across its diverse product mix. Higher complexity solutions are produced in the USA, while higher volume, lower cost, less complex solutions are manufactured in the Philippines. Both locations adhere to a unified TQM policy with common systems design, process, and testing to ensure complete product integrity. NEL is an ISO 9001-2008 certified company, recognized for the high reliability of its products.

How much funding has NEL Frequency Controls raised?

NEL Frequency Controls has raised a total of $858K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$508K

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

Debt (2021): $508K led by PPP

What's next for NEL Frequency Controls?

The recent major strategic investment, characterized as debt financing, suggests NEL Frequency Controls is focused on strengthening its operational capacity and potentially expanding its manufacturing capabilities or research initiatives. Given the enterprise-level context of its total funding, the company appears to be in a mature growth phase, leveraging financial instruments to optimize its production and technological advancements. This strategic backing is likely to fuel further innovation in its core frequency control products, enabling NEL to meet the evolving demands of next-generation applications that require superior performance in speed, bandwidth, and power efficiency. The company's dual-location manufacturing strategy, combined with its ISO certification and reputation for reliability, positions it well to capitalize on global market opportunities.

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Frequently Asked Questions Regarding NEL Frequency Controls Financial Insights

What are the most recent funding rounds that NEL Frequency Controls has completed, and what were the funding rounds?
NEL Frequency Controls has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 9, 2020.
What is the total amount of funding NEL Frequency Controls has raised to date?
NEL Frequency Controls has raised a total of $858K in funding to date.
How many funding rounds has NEL Frequency Controls completed?
NEL Frequency Controls has completed 2 funding rounds.
How much funding did NEL Frequency Controls raise in its most recent funding round?
NEL Frequency Controls raised $508K in its most recent funding round.
Who are the lead investors in NEL Frequency Controls's latest funding round?
The lead investor in NEL Frequency Controls'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 NEL Frequency Controls's history?
The largest funding round in NEL Frequency Controls's history was $508K.
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