Dragon Innovation

Dragon Innovation

Provides solutions for the fastest, simplest, and safest way for companies to manage manufacturing complex products at scale. Learn more

Launch date
Market cap
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Enterprise valuation
CAD23—34m (Dealroom.co estimates Sep 2014.)
Lexington Massachusetts (HQ)
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DateInvestorsAmountRound
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N/A

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$2.3m

Seed
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$100k

Seed

$4.2m

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N/A

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N/A

Acquisition
Total FundingCAD9.0m

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Dragon Innovation, founded in 2009 and acquired by Avnet in 2017, specializes in providing comprehensive manufacturing solutions for companies producing complex electro-mechanical consumer hardware. The company serves a diverse range of clients, from startups to established enterprises, particularly those looking to scale their products or refine their manufacturing processes. Operating in the global manufacturing market, Dragon Innovation leverages its extensive factory database to match clients with vetted and qualified manufacturing partners. The business model revolves around offering end-to-end support, from prototype development to ongoing production certifications, ensuring products are manufactured on time and within budget. Revenue is generated through consultancy fees and service charges for project management and manufacturing support. Key services include cost reduction strategies, cash flow management, and New Product Introduction (NPI) processes. The company’s deep expertise in high-volume production and its commitment to quality make it a trusted partner for companies aiming to bring innovative hardware products to market efficiently.

Keywords: manufacturing, electro-mechanical, hardware, startups, scaling, cost reduction, NPI, global partners, project management, quality.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.