How Much Did PRP Raise?
Funding & Key Investors

Precision Resistive Products Inc. (PRP) has secured $327K in total capital, with its most recent financing round bringing in $177K in a major strategic investment. This significant backing underscores the company's established position in the precision resistor manufacturing sector and its trajectory towards further scaling and market penetration.

What is PRP?

PRP
ManufacturingElectronics

Precision Resistive Products Inc., based in Mediapolis, USA, is a specialized manufacturer of precision resistors. Their product portfolio encompasses a wide array of components, including metal film, wire wound, thin film, thick film, power resistors, and custom value resistors, designed to meet the stringent demands of various industries. The company emphasizes high-quality production, competitive pricing, and rapid delivery, positioning itself as a key supplier for electronic applications requiring reliable resistive components.

How much funding has PRP raised?

PRP has raised a total of $327K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$177K

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

Debt (2021): $177K led by PPP

Key Investors in PRP

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for PRP?

The recent strategic investment signals a pivotal phase for PRP, likely enabling expansion of manufacturing capabilities, enhancement of product development, and broader market outreach. This capital infusion is expected to fuel growth initiatives, allowing PRP to further solidify its competitive edge in the precision resistor market and potentially explore new application areas or technological advancements in resistive component technology.

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Frequently Asked Questions Regarding PRP Financial Insights

What are the most recent funding rounds that PRP has completed, and what were the funding rounds?
PRP has recently completed 2 funding rounds: Debt on Mar 27, 2021, Debt on Apr 13, 2020.
What is the total amount of funding PRP has raised to date?
PRP has raised a total of $327K in funding to date.
How many funding rounds has PRP completed?
PRP has completed 2 funding rounds.
How much funding did PRP raise in its most recent funding round?
PRP raised $177K in its most recent funding round.
Who are the lead investors in PRP's latest funding round?
The lead investor in PRP'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 PRP's history?
The largest funding round in PRP's history was $177K.
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