Fundz

Promethean Particles raised £8M in a Series A round led by Mercia Ventures and Aramco Ventures to enhance carbon capture materials production.

PRIVATEAug 14, 2024

Amount Raised

£8 Million

Round Type

Series A

NottinghamManufacturing

Investors

East Midlands Early Growth FundTSP VenturesUniversity Of NottinghamMidlands Engine Investment Fund IAramco VenturesMercia Ventures

Description

Carbon capture materials company Promethean Particles has closed an £8 million financing round. The closing of their Series A round represents a significant milestone in the company’s growth journey.

Quick answer

Promethean Particles raised £8 Million in a Series A round, dated August 14, 2024. Investors: East Midlands Early Growth Fund, TSP Ventures, University Of Nottingham, Midlands Engine Investment Fund I, Aramco Ventures and Mercia Ventures. Promethean Particles is based in Nottingham, England, United Kingdom.

How much did Promethean Particles raise?
Promethean Particles raised £8 Million in a Series A round on August 14, 2024.
Who invested in Promethean Particles?
East Midlands Early Growth Fund, TSP Ventures, University Of Nottingham, Midlands Engine Investment Fund I, Aramco Ventures and Mercia Ventures are named as investors in this round.
What does Promethean Particles do?
Promethean Particles is a UK-based, global pioneer, leading the industrial-scale manufacture of metal-organic frameworks (MOFs).
Where is Promethean Particles based and how big is it?
Promethean Particles is based in Nottingham, England, United Kingdom. Fundz records about 28 employees.
Who are the decision-makers at Promethean Particles?
Fundz holds 1 contact at Promethean Particles. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Promethean Particles that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • Movêu raised $550K (Seed) on September 28, 2024.
  • Distance Technologies raised $11M (Seed) on September 27, 2024.
  • FluoRok raised $10M (Funding Round) on September 27, 2024.
  • 22nd Century raised $1.2M (Seed) on September 27, 2024.
  • Efabless raised $2.5M on September 27, 2024.

Who to call at Promethean Particles, and when

A new round usually means Promethean Particles is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Promethean Particles

Location

Nottingham, England, United Kingdom

About

Promethean Particles is a UK-based, global pioneer, leading the industrial-scale manufacture of metal-organic frameworks (MOFs). The Company is primarily focused on developing the use of MOFs in the fight against climate change, particularly for carbon capture, water harvesting, and gas storage applications. When compared to existing technologies, MOF-based carbon capture has the potential to deliver significant advantages; increased energy-efficiency, lower process complexity, smaller operating footprint, and an improved EHS profile.

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Fundz sees it the moment Promethean Particles raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Promethean Particles raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.