What is Newonics?
Newonics is a Utah-based electronics contract manufacturer offering a comprehensive suite of services, including Surface Mount Technology (SMT) assembly, Printed Circuit Board (PCB) layout and design, and rapid prototyping. The company serves a diverse clientele seeking robust manufacturing solutions, acting as both a partner for new product development and a reliable manufacturing resource. Newonics provides both turnkey and consigned contract manufacturing for PCBs and finished product assembly, emphasizing quality and technical expertise to meet varied production demands.
How much funding has Newonics raised?
Newonics has raised a total of $471K across 2 funding rounds:
Debt
$150K
Debt
$321K
Debt (2020): $150K with participation from PPP
Debt (2021): $321K led by PPP
Key Investors in Newonics
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Newonics?
With its large-scale late-stage funding context, Newonics is positioned for significant growth and operational scaling. The recent strategic investment suggests a focus on expanding capabilities, enhancing technological infrastructure, or entering new market segments. This capital infusion will likely enable Newonics to solidify its market position, pursue larger contracts, and further innovate its service offerings in the competitive electronics manufacturing landscape.
See full Newonics company page
