How Much Did Sytech Raise?
Funding & Key Investors

Sytech has secured significant enterprise-level funding, with a recent major strategic investment contributing to its overall capital. The total funding amount stands at $968K, with the latest round bringing in $618K as of February 14, 2021. This infusion of capital signals a period of strategic growth and operational scaling for the precision machining and sheet metal fabrication specialist.

What is Sytech?

Sytech
ManufacturingIndustrial Machinery & Equipment

SYTECH is a distinguished provider of precision machining and sheet metal fabrication services, offering a comprehensive suite of capabilities that include advanced welding, plastic fabrication, and intricate mechanical assembly. Holding ISO9001 certification and UL Listing, the company is dedicated to delivering complete turn-key solutions. SYTECH's operational ethos is centered on unwavering quality and profound customer satisfaction, leveraging cutting-edge technology and refined processes to engineer custom products meticulously tailored to the unique specifications of its clientele. The company primarily serves industries that demand high-volume, high-precision metal fabrication and assembly.

How much funding has Sytech raised?

Sytech has raised a total of $968K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$618K

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

Debt (2021): $618K led by PPP

Key Investors in Sytech

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Sytech?

The recent major strategic investment, alongside the substantial total funding of $968K, positions Sytech for accelerated expansion and technological advancement. This capital injection is expected to fuel further development in advanced manufacturing processes and potentially broaden the company's service offerings or market reach. As an ISO9001 certified and UL Listed entity, Sytech is well-equipped to capitalize on opportunities in sectors requiring stringent quality control and complex fabrication, likely focusing on enhancing its capacity and efficiency to meet growing enterprise demands.

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Frequently Asked Questions Regarding Sytech Financial Insights

What are the most recent funding rounds that Sytech has completed, and what were the funding rounds?
Sytech has recently completed 2 funding rounds: Debt on Feb 14, 2021, Debt on Jun 19, 2020.
What is the total amount of funding Sytech has raised to date?
Sytech has raised a total of $968K in funding to date.
How many funding rounds has Sytech completed?
Sytech has completed 2 funding rounds.
How much funding did Sytech raise in its most recent funding round?
Sytech raised $618K in its most recent funding round.
Who are the lead investors in Sytech's latest funding round?
The lead investor in Sytech'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 Sytech's history?
The largest funding round in Sytech's history was $618K.
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