Tech Company Financing Transactions
Promethean Particles Funding Round
Aramco Ventures, Mercia Ventures and British Business Bank participated in a $10 million Series A capital raise for Promethean Particles. The funding round was announced on 8/14/2024.
Transaction Overview
Company Name
Announced On
8/14/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to build a scaled-up manufacturing facility, expand the team, and implement further projects that demonstrate the potential of MOFs in energy transition applications.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1-3 Genesis Park Midland Way
Nottingham, NG7 3EF
UK
Nottingham, NG7 3EF
UK
Phone
Email Address
Overview
Our name is inspired by Prometheus, a clever Titan in Greek mythology who gave fire to the mortals. He was seen as the ultimate enabler of civilization by providing this revolutionary advance of fire -- as well as the arts and sciences -- and helping humanity survive and excel.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Alan Lamb
Chief Executive Officer
James Stephenson
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