What is Midstream Transportation?
Midstream Transportation, based in Center, Texas, is a specialized logistics firm focused on the secure transport of hazardous materials, primarily propane and other liquefied petroleum gases (LPG). Established in 2014, the company serves a critical role in the supply chain for oil refineries and retail propane distributors across Arkansas, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. Their operations are underpinned by a commitment to safety and a skilled workforce, ensuring the reliable delivery of bulk materials including propane, isobutane, and crude oil. The company has built a reputation as a trusted partner in NGL transportation.
How much funding has Midstream Transportation raised?
Midstream Transportation has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Midstream Transportation?
The substantial capital infusion, indicated by the $150K in total funding and the recent $150K from a major strategic investment, positions Midstream Transportation for significant expansion and operational enhancement. As a company operating in the late-stage funding phase, this backing is likely to fuel fleet modernization, geographic market penetration, and potentially the adoption of new safety technologies. The strategic nature of the recent financing suggests a focus on strengthening its market leadership and optimizing its service offerings to the energy sector.
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