What is Promethean Particles?
Founded in 2007, Promethean Particles specializes in the synthesis of metal-organic frameworks, a class of porous materials with exceptional surface area and tunable properties. These materials are essential for applications ranging from carbon capture and gas storage to advanced catalysis and water purification. Unlike traditional batch processing, which often limits scalability and cost-efficiency, Promethean Particles utilizes a proprietary continuous flow manufacturing process. This technological edge allows the company to produce high-performance MOFs at the volumes required by heavy industry, effectively lowering the barrier to entry for sustainable material adoption across multiple sectors.
How much funding has Promethean Particles raised?
Promethean Particles has raised a total of $10.4M across 1 funding round:
Series A
$10.4M
Series A (2024): $10.4M with participation from TSP Ventures, Saudi Aramco Energy Ventures, Mercia Asset Management, University of Nottingham, and Midlands Engine Investment Fund
Key Investors in Promethean Particles
TSP Ventures
TSP Ventures is an investment firm focused on supporting early-stage companies in hard science and environmental technology sectors, with a specific emphasis on clean air and essential materials.
Saudi Aramco Energy Ventures
Saudi Aramco Energy Ventures is the corporate venturing program of Aramco, investing globally in high-growth companies with technologies of strategic importance to the energy and chemicals sector.
Mercia Asset Management
Mercia Asset Management provides equity and debt financing to UK businesses with growth ambitions, acting as a long-term partner from scale-up to exit.
What's next for Promethean Particles?
With this major enterprise-level funding, Promethean Particles is poised to accelerate its operational footprint and deepen its market penetration. The strategic capital will likely be deployed to optimize manufacturing throughput and expand the company's commercial partnerships within the energy and environmental sectors. As global industries face increasing pressure to decarbonize and improve resource efficiency, the demand for high-performance materials like MOFs is expected to surge. Promethean Particles is well-positioned to capitalize on this trend, transitioning from a specialized research-driven entity into a high-volume industrial supplier capable of meeting the rigorous demands of global enterprise clients.
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