Tech Company Financing Transactions
Formlogic Funding Round
Formlogic, based in Pittsburgh, scored $20 million in funding from Trinity Capital Investment.
Transaction Overview
Company Name
Announced On
2/7/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to acquire new CNC machines and continue to scale operations.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
55 38th St.
Pittsburgh, PA 15201
USA
Pittsburgh, PA 15201
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The existing supply chain for precision parts has been holding back innovation for decades; New space and frontier industries must manage scores of small machine shops that offer unreliable service, limited capacity, and long lead times. Formlogic is redefining the customer experience for custom machined components.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Sutter
VP - Engineering
Peter Hammond
VP - Engineering
Michael Kamprath
VP - Engineering
Abe Pleta
VP - Engineering
Yoseph Yacob
VP - Sales
Dan Echternkamp
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We report on tech company VC transactions. VC investment data records on this site come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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