Top 10 Manufacturing Capital Raises in the U.S. – October 16th-31st, 2024
Several interesting transactions closed in the Manufacturing Capital sector this past 2 weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
PE Growth/Expansion
- Kadon Precision Machining, manufacturer of precision machined parts intended for aerospace, agriculture, automotive, and other related industries, secured a development capital from UMB Capital, Tecum Capital and Longwater Investment.
- Packaging Strategies, manufacturer of hard-plastic packaging containers for military, telecommunications, aerospace, government, and medical, secured development capital from ArchStar Capital.
Merger/Acquisition and Corporate
- ACCESS Rudolf Technologies, manufacturer of silicone products, specializing in silicone specialty fluids and emulsions, acquired by Rudolf
- Amran Instrument Transformers, manufacturer of low and medium-voltage instrument transformers headquartered in Sugar Land, Texas, acquired by Standex International.
Later Stage VC
- Laserax, manufacturer of laser systems intended for industrial marking, cleaning, and texturing applications, raised $45.5 million of Series C venture funding in a deal led by Business Development Bank of Canada.
- Nara Organics, Producer of an organic, grass-fed whole milk intended to deliver the nutrients infants need, raised $18.9 million through a combination of Series A and Series A-1 venture funding in a deal led by Torch Capital, AlleyCorp and Platinum Mile Ventures.
Early Stage VC
- SoluBag, developer of a flexible packing technology designed to deliver water-soluble and environmentally friendly products, raised $4.50 million of Series A venture funding in a deal led by Exit Ventures.
Angel, Seed, and Grant
- RedAlign, developer of a no-touch laser system designed to measure motor-pump alignment while hot and running, raised $400,000 of angel funding.
- Rig Strips, manufacturer of car mounts designed to attach outdoor accessories, raised $300,000 of angel funding from Todd Graves.
- Viable Gear, manufacturer of seaweed-based plastic alternatives intended for fishing, aquaculture, and agriculture use, raised $30,000 of angel funding in the form of SAFE notes.
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Rebecca Lacy
Managing Director
More than 30 years positioning companies for growth. She began her career as a retail business owner then transitioned to McDonnell Douglas/Boeing where she worked to help small businesses gain significant market share. This included advocating at the federal level for legislation to facilitate competition for small businesses. Helped businesses secure non-traditional funding through grants, as well IP and equipment donations. Served in a board or advisory capacity for several economic development organizations. Transitioned to business ownership where she and her team created diagnostic tools and training that helped companies function with greater efficiency and flexibility. Domestic and international clients ranged from start-ups to multi-national corporations from a broad array of industries, government agencies and not-for-profits. B.A. in Public Administration, MBA from Western International University. FINRA Series 7 and 63 licenses.
- Email: rlacy@castleplacement.com
- (C) (573) 880-2974
 Rebecca LacyManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:
Email: rlacy@castleplacement.com
C: (212) 418-1181 | C: (573) 880-2974
Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
