How Much Did New Age Micro Raise?
Funding & Key Investors

New Age Micro, a distinguished product design firm based in Mansfield, MA, has secured significant capital, with its total funding reaching $470K. The company recently announced a major strategic investment of $320K, underscoring its position in the market for advanced product design and development services. This latest financing round signifies a critical juncture for the firm as it continues to scale its operations and expand its technological capabilities.

What is New Age Micro?

New Age Micro
Business ServicesResearch & DevelopmentSoftware Testing

With over two decades of experience, New Age Micro specializes in delivering comprehensive design services, encompassing software and firmware development, hardware and mechanical design, and robust cybersecurity solutions. The firm is recognized for its innovative product design and testing methodologies, boasting a team of nearly 20 engineers who collectively hold over 100 patents. New Age Micro's expertise is particularly valuable in industries where security requirements and vulnerability identification are paramount. Their agile development environment is adept at managing projects of varying speed and complexity, consistently delivering high-quality outcomes for a diverse clientele.

How much funding has New Age Micro raised?

New Age Micro has raised a total of $470K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$320K

Debt (2020): $150K with participation from PPP

Debt (2021): $320K led by PPP

What's next for New Age Micro?

The substantial late-stage funding and recent strategic investment indicate New Age Micro's readiness for accelerated growth and market expansion. This capital infusion is expected to fuel further innovation in product design, enhance cybersecurity offerings, and potentially broaden the company's industry reach. The firm's strong patent portfolio and experienced engineering team position it well to capitalize on emerging technological trends and solidify its competitive advantage in the product design and development sector. Future strategic initiatives will likely focus on leveraging these strengths to secure larger contracts and explore new market opportunities.

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Frequently Asked Questions Regarding New Age Micro Financial Insights

What are the most recent funding rounds that New Age Micro has completed, and what were the funding rounds?
New Age Micro has recently completed 2 funding rounds: Debt on Feb 14, 2021, Debt on Apr 27, 2020.
What is the total amount of funding New Age Micro has raised to date?
New Age Micro has raised a total of $470K in funding to date.
How many funding rounds has New Age Micro completed?
New Age Micro has completed 2 funding rounds.
How much funding did New Age Micro raise in its most recent funding round?
New Age Micro raised $320K in its most recent funding round.
Who are the lead investors in New Age Micro's latest funding round?
The lead investor in New Age Micro'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 New Age Micro's history?
The largest funding round in New Age Micro's history was $320K.
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