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 distinguishes itself with a proprietary monitoring and control portal, serving a robust client base that includes tier-one firms such as Skanska, Balfour Beatty, and Costain Kier. Prolectric has also been instrumental in projects for Network Rail, Highways England, and major property developers like Persimmon and Taylor Wimpey. Notably, its solutions were deployed at high-profile sites including the Hinkley and Sellafield nuclear facilities, and critically, to support the construction and operation of the NHS Nightingale Hospitals 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 likely provides corporate lending and investment services, potentially specializing in supporting established businesses within the infrastructure and construction sectors.
What's next for Prolectric Services?
The recent major strategic investment signifies Prolectric Services' transition into a more mature phase of its corporate lifecycle, likely focused on scaling operations and expanding its market reach. This capital infusion is expected to bolster its capacity to serve increasingly complex infrastructure demands and further solidify its position as a leader in sustainable power solutions for critical industries. Future growth may involve deeper integration of its monitoring technology and potential expansion into new geographical markets or service offerings.
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