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Eagle Electronics raised $14M in a funding round led by O.H.I.O. Fund to establish manufacturing technology and operations in Solon, Ohio.

Dec 04, 2024•9 months ago

Amount Raised

$14 Million

SolonElectronicsManufacturing

Investors

Asymmetric Capital PartnersO.H.I.O. Fund

Description

Eagle Electronics, based in Solon, OH, raised $14M in funding to enhance its manufacturing capabilities. The round was led by O.H.I.O. Fund with participation from Asymmetric Capital Partners.

Company Information

Company

Eagle Electronics

Location

Solon, Ohio, United States

About

Eagle Electronics is an electronics and cellular module production company based in Solon, OH. The company is dedicated to onshoring the manufacturing of critical technologies in the United States. Led by Chairman Mark Kvamme and CEO TJ Dembinski, Eagle Electronics aims to advance manufacturing technology and operations.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech