Midas Technology - About the company
Midas Technology is a seed company based in Woburn (United States), founded in 2001. It operates as a Manufacturer of precision automation and tooling solutions for high-tech manufacturing. Midas Technology has raised $690K in funding. The company has 5967 active competitors, including 192 funded and 571 that have exited. Its top competitors include companies like Wadiz, Emerson and Siemens.
Company Details
Manufacturer of precision automation and tooling solutions for high-tech manufacturing. The company provides microelectronic rework systems used for component removal and rework. These systems deliver consistent results for failure analysis, component recovery, and board-level rework. The product line includes mechanical lid removal systems and hot gas rework systems. The company also offers technical support, spare parts, and service contracts.
- Website
- midastechnology.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2001
Location
Woburn, United States
Stage
Seed
Total Funding
$690K in 1 round
Latest Funding Round
Ranked
348th among 5967 active competitors
Employee Count
1 as on Apr 30, 2026
Legal entities associated with Midas Technology
Midas Technology is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MIDAS TECHNOLOGY INC CIN: 805480 , United States, Active | $1M - $5M (As on Oct 15, 2019) | - | - |
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Midas Technology's funding and investors
Midas Technology has raised a total funding of $690K over 1 round.
Here is the list of recent funding rounds of Midas Technology:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 15, 2019 | 1505372 | Seed | 7414902 | 2128027 | 2894588 | 9338662 |
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Midas Technology's founders and board of directors
Founder? Claim ProfileMidas Technology's employee count trend
Midas Technology has 1 employees as of Apr 26. Here is Midas Technology's employee count trend over the years:
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Midas Technology's Competitors and alternates
Top competitors of Midas Technology include Wadiz, Emerson and Siemens. Here is the list of Top 10 competitors of Midas Technology, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wadiz 2012, Seongnam-si (South Korea), Series D | Equity and revenue-based crowdfunding platform | $128M | 80/100 | |
2nd | Emerson 1890, St. Louis (United States), Acquired | Provider of integrated control and monitoring systems | - | 80/100 | |
3rd | Manufacturer of industrial automation software and hardware for infrastructure systems | - | 78/100 | ||
4th |  Honeywell 1885, Charlotte (United States), Public | Manufacturer and supplier of diversified consumer electronics and industrial automation equipments | $1.13M | 78/100 | |
5th | Rockwell Automation 1903, Milwaukee (United States), Public | Provider of Industrial automation and information systems | - | 75/100 | |
6th | Mitsubishielectric 1921, Germany, Public | Manufacturer of diverse electrical and electronic products, systems, and solutions | - | 75/100 | |
7th | Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy | $41.2M | 74/100 | ||
8th | CG Power & Industrial Solutions 1937, Mumbai (India), Acquired | Manufacturer of Industrial and Consumer Electric Equipment | - | 74/100 | |
9th | Schneider Electric 1836, Rueil malmaison (France), Public | Provider of energy management and automation services | - | 73/100 | |
10th | Tessolve Semiconductor 2004, Bengaluru (India), Acquired | Semiconductor engineering services company | $213M | 70/100 | |
348th | Midas Technology 2001, Woburn (United States), Seed | Manufacturer of precision automation and tooling solutions for high-tech manufacturing | $690K | - | 32/100 |
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Midas Technology's Investments and acquisitions
Midas Technology has made no investments or acquisitions yet.
News related to Midas Technology
Media has covered Midas Technology for 1 event in last 1 year.
•
Turkish fintech Midas raising Series B funding, taps returning investorVCCircle•Jun 12, 2025•Midas Technology
•
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