What is Prolectric Services?
Prolectric Services is a prominent provider of solar lighting, power, and security solutions, catering to large-scale infrastructure, rail, and construction projects across Britain. The company offers a sophisticated monitoring and control portal to a robust client base, including tier-one firms such as Skanska, Balfour Beatty, and Costain Kier. Prolectric has also collaborated with entities like Network Rail and Highways England, as well as major property developers including Persimmon and Taylor Wimpey. Notable projects where Prolectric's solutions have been deployed include the Hinkley and Sellafield nuclear sites, and critically, its products were instrumental in enabling the construction and operation of the NHS Nightingale Hospitals across the UK during the COVID-19 pandemic.
How much funding has Prolectric Services raised?
Prolectric Services has raised a total of $3.7M across 1 funding round:
Private Equity
$3.7M
Private Equity (2021): $3.7M with participation from Shawbrook Bank
Key Investors in Prolectric Services
Shawbrook Bank
Shawbrook Bank is a financial institution that has provided capital to Prolectric Services. Their involvement suggests a focus on supporting established businesses with significant growth potential.
What's next for Prolectric Services?
The substantial enterprise-level funding secured by Prolectric Services positions the company for accelerated growth and expanded market penetration. This strategic investment will likely fuel further innovation in sustainable power and lighting solutions, enabling Prolectric to capitalize on the increasing demand for eco-friendly and reliable energy sources in major infrastructure and construction projects. The company is poised to reinforce its leadership in the sector, potentially exploring new technological advancements and broadening its service offerings to meet evolving industry needs.
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