How much did WEG raise?

WEG raised $50,000 in a Seed round on December 4, 2023.

Where is WEG based and how big is it?

WEG is based in Brazil. Fundz records about 50,000 employees.

Who are the decision-makers at WEG?

Fundz holds 5 contacts at WEG, including the Global Industrial Director. Names and contact details are shown to Fundz members.

Weg Consolidated reported raising $50,000 in an initial SEC Form D filing

Dec 13, 2023

Amount Raised

$50,000

$50,000 sold, per SEC Form D (first sale Dec 4, 2023)

Round Type

Seed

BrazilOtherManufacturing

Quick answer

WEG raised $50,000 in a Seed round, dated December 4, 2023. WEG is based in Brazil.

How much did WEG raise?: WEG raised $50,000 in a Seed round on December 4, 2023.
What does WEG do?: WEG, founded in 1961, is a global leader in electric-electronic equipment, operating primarily in the capital goods sector.
Where is WEG based and how big is it?: WEG is based in Brazil. Fundz records about 50,000 employees.
Who are the decision-makers at WEG?: Fundz holds 5 contacts at WEG, including the Global Industrial Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as WEG that raised within 45 days of this round, from Fundz verified event records.

Hadrian raised $86M on December 11, 2023.
Allarity Therapeutics raised $400K (Seed) on January 18, 2024.
Lynch Regenerative Medicine raised $3.8M (Seed) on January 17, 2024.
Plant Prefab raised $2M (Seed) on January 17, 2024.
ivWatch raised $14M on January 12, 2024.
Doc.com raised $300M (Funding Round) on January 11, 2024.

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Company Information

Company

WEG

Location

Brazil

About

WEG, founded in 1961, is a global leader in electric-electronic equipment, operating primarily in the capital goods sector. The company offers a broad range of solutions in electric machines, automation, and paints, serving diverse industries such as infrastructure, steel, pulp and paper, oil and gas, and mining. Renowned for its focus on innovation, WEG continually develops technologies aligned with major global trends—including energy efficiency, renewable energy, and electric mobility. With manufacturing facilities in 15 countries and a presence in over 135 countries, WEG employs more than 40,000 people worldwide.

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Related People

5 contacts

Verified contactsSergio W., Global Industrial Director hidden hidden hiddenSee plans and pricing

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WEG raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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