Humaster Co., Ltd.
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Humaster Co., Ltd. - overview
Established
2018
Location
Seoul, -, South Korea
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Based in Seoul, South Korea, and founded in 2018, Humaster Co. , Ltd. operates as a manufacturer of polymer absorption materials that aims to regulate and dehumidify air moisture in residential and production environments. As of 2023, the company is headed by its CEO Lee Dae-young.
In March 2021, Humaster Co. , Ltd. raised KRW 2. 2 billion in series A funding from Shinhan Asset Management and ARK Impact Asset Management.
The company offers engineering technology that absorbs polymer moisture and desorption materials. The company offers a wide range of humicon such as HCR-350E, HCR-500E, HCR-800E, and HCR-1200E. Additionally, the firm also provides consumer fuze sheets, sheets for mattresses, moisture control sheets for museums, and huseat for consumers. Furthermore, the company provides anti-condensation dehumidifying sheets for packaging.
The company plans to allocate the March 2021 funds toward paying for facility expenses and broadening the market reach of its air conditioning technology.
Current Investors
Shinhan Asset Management, ARK Impact Asset Management, Korea Tech Incubator for Startup
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services, Biopolymer Materials
Website
www.hu-master.com
Verticals
Manufacturing
Company Stage
Series A
Total Amount Raised
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