HomeFinTechIsoTruss: Closes $4.5M Series A Funding Round

IsoTruss: Closes $4.5M Series A Funding Round

IsoTruss Closes $4.5M Series A Funding Round

  • IsoTruss, a Springville, UT-based engineering, design, and manufacturing services provider, raised $4.5M in Series A funding
  • The Series A round, led by the S.G. Koenig Trust, follows a $3m seed round led by the Sojitz Corporation of Japan in October 2020
  • The company is an engineering, design, and manufacturing services provider, which produces patented Iso Truss® lattice cell towers for the telecommunications industry
  • The cell towers, fabricated with composite material, are corrosion-resistant, sustainable, eco-friendly, and lightweight
  • In Spring 2022, the company will open its second manufacturing facility, in Pampanga, Philippines, to further ramp up production of its towers
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