How Much Did Howe Raise?
Funding & Key Investors

Howe Corporation, a long-standing pillar in the industrial refrigeration sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $350K. This latest infusion of $350K underscores the company's enduring relevance in the global food supply chain infrastructure. By leveraging this financing, the Chicago-based manufacturer aims to fortify its market position as a premier provider of flake ice-making technology, ensuring operational continuity and technological advancement in an increasingly demanding retail and industrial landscape.

What is Howe?

Howe
ManufacturingIndustrial Machinery & Equipment

Founded in 1912, Howe Corporation operates as a specialized original equipment manufacturer (OEM) and distributor, focusing primarily on the production of high-capacity flake ice machines. The company serves a critical niche within the retail supermarket and industrial food processing sectors, where precise temperature control and reliable ice production are essential for product integrity and safety. With over a century of engineering expertise, Howe has established a robust reputation for durability and efficiency, positioning itself as a foundational partner for large-scale food logistics providers. Its market position is defined by a commitment to legacy engineering standards while adapting to modern industrial requirements for energy efficiency and high-volume output.

How much funding has Howe raised?

Howe has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Howe

PPP

Public-Private Partnership

What's next for Howe?

With the recent influx of capital, Howe Corporation is strategically positioned to accelerate its modernization initiatives and expand its distribution footprint. The company is expected to prioritize the integration of advanced automation in its manufacturing processes, thereby enhancing production throughput and reducing lead times for its industrial clientele. Furthermore, the strategic investment will likely facilitate research and development efforts aimed at optimizing the energy profile of its flake ice systems, aligning with broader industry trends toward sustainability and reduced operational overhead. As the company navigates this late-stage growth phase, the focus remains on maintaining its competitive edge through technical innovation and the expansion of its service network, ensuring that Howe remains the preferred choice for mission-critical refrigeration solutions in the global food processing market.

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Frequently Asked Questions Regarding Howe Financial Insights

What are the most recent funding rounds that Howe has completed, and what were the funding rounds?
Howe has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Howe has raised to date?
Howe has raised a total of $350K in funding to date.
How many funding rounds has Howe completed?
Howe has completed 1 funding rounds.
How much funding did Howe raise in its most recent funding round?
Howe raised $350K in its most recent funding round.
Who are the lead investors in Howe's latest funding round?
The lead investor in Howe's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Howe's history?
The largest funding round in Howe's history was $350K.
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