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Next Technologies Group Secures $150,000 Seed Funding from SMN
eTradeWire News/10806404
Seed funding will support the launch of NTG's Greensboro office and expansion of advanced manufacturing capabilities.
GREENSBORO, N.C. - eTradeWire -- GREENSBORO, N.C. Next Technologies Group (NTG), an innovative advanced manufacturing and engineering solutions provider based in Greensboro, North Carolina, has announced it has secured an initial seed investment of $150,000 from SMN Consulting, LLC.
This investment represents a significant milestone for NTG, facilitating further expansion of its specialized capabilities, including precision CNC machining, proprietary 3D-printed mold technology, advanced polyurethane and silicone casting, EMI-shielded enclosure production, and custom automation equipment design. NTG provides cutting-edge solutions to clients in renewable energy, defense, maritime, and industrial sectors.
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"SMN Consulting is excited to invest in NTG's vision for transforming advanced manufacturing," said Jamin Quinn, founder of SMN Consulting. "We are confident in NTG's leadership and their ability to leverage this funding to drive technological innovation and market growth."
Jessica Lee, CEO of Next Technologies Group, added, "This partnership with SMN Consulting significantly boosts our ability to deliver high-quality, customized solutions to our clients. We look forward to enhancing our operational capabilities, fostering innovation, and driving sustainable growth."
The funding will primarily support NTG's ongoing R&D initiatives, production scale-up, team expansion, and the establishment of its startup office located in Greensboro, NC, enhancing its position as a market leader in advanced manufacturing technologies.
This investment represents a significant milestone for NTG, facilitating further expansion of its specialized capabilities, including precision CNC machining, proprietary 3D-printed mold technology, advanced polyurethane and silicone casting, EMI-shielded enclosure production, and custom automation equipment design. NTG provides cutting-edge solutions to clients in renewable energy, defense, maritime, and industrial sectors.
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"SMN Consulting is excited to invest in NTG's vision for transforming advanced manufacturing," said Jamin Quinn, founder of SMN Consulting. "We are confident in NTG's leadership and their ability to leverage this funding to drive technological innovation and market growth."
Jessica Lee, CEO of Next Technologies Group, added, "This partnership with SMN Consulting significantly boosts our ability to deliver high-quality, customized solutions to our clients. We look forward to enhancing our operational capabilities, fostering innovation, and driving sustainable growth."
The funding will primarily support NTG's ongoing R&D initiatives, production scale-up, team expansion, and the establishment of its startup office located in Greensboro, NC, enhancing its position as a market leader in advanced manufacturing technologies.
Source: Next Technologies Group, LLC
Filed Under: Manufacturing
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