MG Electromechanical Engineering Overview

  • Status
  • Private

  • Latest Deal Type
  • Early Stage VC

  • Investors
  • 1

MG Electromechanical Engineering General Information

Description

Manufacturer of bakery and agro-processor machinery intended to provide locally tailored machines for rural and small-scale producers. The company offers to make this machinery lower costs for users, supporting consistent market demand, reducing reliance on expensive imports, and strengthening local manufacturing, enabling farmers, cooperatives, and entrepreneurs to reduce losses and add value to their harvests.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Mekelle
  • Ethiopia
Primary Industry
Machinery (B2B)
Vertical(s)
Manufacturing, AgTech
Corporate Office
  • Mekelle
  • Ethiopia

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MG Electromechanical Engineering Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Early Stage VC 01-Apr-2025 Completed Generating Revenue
To view MG Electromechanical Engineering’s complete valuation and funding history, request access »

MG Electromechanical Engineering Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
Impacc Not-For-Profit Venture Capital Minority
To view MG Electromechanical Engineering’s complete investors history, request access »

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MG Electromechanical Engineering FAQs

  • Where is MG Electromechanical Engineering headquartered?

    MG Electromechanical Engineering is headquartered in Mekelle, Ethiopia.

  • What industry is MG Electromechanical Engineering in?

    MG Electromechanical Engineering’s primary industry is Machinery (B2B).

  • Is MG Electromechanical Engineering a private or public company?

    MG Electromechanical Engineering is a Private company.

  • What is MG Electromechanical Engineering’s current revenue?

    The current revenue for MG Electromechanical Engineering is .

  • Who are MG Electromechanical Engineering’s investors?

    Impacc has invested in MG Electromechanical Engineering.

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