MacroFab Receives USD20M in Growth Financing


MacroFab, a Houston, TX-based provider of a manufacturing platform for building electronics from prototype to production, raised USD20M in Growth financing.

Trinity Capital Inc. (NASDAQ: TRIN) provided the financing.

This infusion of capital follows their recent equity raise earlier this year of $42M, led by Foundry and joined by BMW i Ventures, Edison Partners and ATX Venture Partners, bringing the total capital raised to $102M.

The company intends to use the funds to further advance its platform, expand operations and accelerate revenue growth.

MacroFab provides a technology platform that advances electronics manufacturing by streamlining operations, improving efficiency and offering visibility into production. The platform for electronics manufacturing offers prototypes, production, and extended services through a network of over 100 factories across North America.