About Dragonfly Insulation
Dragonfly Insulation is a company based in Prudhoe (United Kingdom) founded in 2021.. Dragonfly Insulation has raised $1.18 million across 2 funding rounds from investors including KTN and Northstar Ventures. Dragonfly Insulation offers products and services including Silica Aerogel, Flat Panel, Powder/Granule, and Shaped Parts. Dragonfly Insulation operates in a competitive market with competitors including Aspen Aerogel, Svenska Aerogel, KEEY Aerogel, Blueshift and KROSSLINKER, among others.
- Headquarter Prudhoe, United Kingdom
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Sectors
Energy & UtilitiesChemicals & Materials
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Phone
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Website
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Social
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- Legal Name Dragonfly Insulation Ltd
- Date of Incorporation 31 May, 2019
- Jurisdiction PRUDHOE, NORTHUMBERLAND, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.18 M (USD)
in 2 rounds
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Latest Funding Round
$378.26 K (USD), Grant
Feb 21, 2024
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Investors
KTN
& 1 more
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Employee Count
Employee Count
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Products & Services of Dragonfly Insulation
Dragonfly Insulation offers a comprehensive portfolio of products and services, including Silica Aerogel, Flat Panel, Powder/Granule, and Shaped Parts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Nanostructured ceramic for thermal and fire protection applications.
Aerogel panel for efficient thermal insulation uses.
Aerogel form for custom industrial and scientific applications.
Tailored aerogel components for specialized insulation needs.
Funding Insights of Dragonfly Insulation
Dragonfly Insulation has successfully raised a total of $1.18M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $378.26 thousand completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $378,261
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First Round
First Round
(21 Feb 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Seed - Dragonfly Insulation | Valuation | Northstar Ventures |
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| Feb, 2024 | Amount | Grant - Dragonfly Insulation | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dragonfly Insulation
Dragonfly Insulation has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include KTN and Northstar Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are made in UK companies across diverse sectors.
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Diverse connections are developed to drive positive change.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dragonfly Insulation
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dragonfly Insulation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dragonfly Insulation Comparisons
Competitors of Dragonfly Insulation
Dragonfly Insulation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aspen Aerogel, Svenska Aerogel, KEEY Aerogel, Blueshift and KROSSLINKER, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Aerogel-based thermal insulation solutions are provided for energy conservation.
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| domain | founded_year | HQ Location |
Advanced aerogel materials are developed for insulation and filtration.
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| domain | founded_year | HQ Location |
Aerogel solutions are provided through silica extraction from waste.
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| domain | founded_year | HQ Location |
Polymer-based aerogel materials are manufactured for thermal insulation.
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| domain | founded_year | HQ Location |
Aerogel insulation materials are manufactured for biopharma packaging.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dragonfly Insulation
Frequently Asked Questions about Dragonfly Insulation
When was Dragonfly Insulation founded?
Dragonfly Insulation was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Dragonfly Insulation located?
Dragonfly Insulation is headquartered in Prudhoe, United Kingdom. It is registered at Prudhoe, Northumberland, United Kingdom.
Is Dragonfly Insulation a funded company?
Dragonfly Insulation is a funded company, having raised a total of $1.18M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.18M, raised on Feb 21, 2024.
What does Dragonfly Insulation do?
Dragonfly Insulation was established in 2021 in Prudhoe, United Kingdom. Silica aerogels are produced as synthetic nanostructured porous ceramics featuring high porosity and low bulk density. Operations focus on manufacturing these materials within the advanced materials sector. The inherent ultra-porous structure supports applications across multiple industries, including insulation and thermal management. The companys domain is dragonflyinsulation.co.uk.
Who are the top competitors of Dragonfly Insulation?
Dragonfly Insulation's top competitors include Aspen Aerogel, Svenska Aerogel and KROSSLINKER.
What products or services does Dragonfly Insulation offer?
Dragonfly Insulation offers Silica Aerogel, Flat Panel, Powder/Granule, and Shaped Parts.
Who are Dragonfly Insulation's investors?
Dragonfly Insulation has 2 investors. Key investors include KTN, and Northstar Ventures.