What is Humatech?
Humatech, formerly Midwest Enterprise Consultants, Inc., is a Houston-based entity established in 1988. The company's core operations involve mining, extracting, and processing humic acids. These processed acids are then utilized in a variety of applications, primarily for animal feed ingredients and agricultural products. Their product portfolio includes items such as DPX 9902, Promax, AgriHume, and Maximize, catering to livestock like pigs, cattle, sheep, goats, poultry, and farmed fish, as well as broader agricultural needs. Humatech also offers bio-remediation products and distributes its offerings across the European Union, the Middle East, Asia, and South and Central America.
How much funding has Humatech raised?
Humatech has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Humatech
PPP
Public-Private Partnership
What's next for Humatech?
With a history of large-scale late-stage funding, Humatech appears to be in a growth or expansion phase. The recent major strategic investment suggests a focus on scaling operations, market penetration, or potentially new product development within the humic acid sector. The company's established international distribution network and diverse product line position it for continued development in the agriculture and animal nutrition industries. Future strategic moves will likely involve leveraging this capital to enhance its processing capabilities or expand its market reach.
See full Humatech company page
