P2i

Abingdon, United Kingdom Founded: 2004 • Age: 22 yrs
Provider of ultra-thin barrier coatings for electronics, materials, and medical applications
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About P2i

P2i is a company based in Abingdon (United Kingdom) founded in 2004 by Stephen Coulson.. P2i has raised $38.22 million across 6 funding rounds from investors including HSBC, Circularity Capital and Unilever Ventures. The company has 203 employees as of December 31, 2023. P2i has completed 1 acquisition, including Surface Innovations. P2i operates in a competitive market with competitors including actnano, HZO Waterproof Technologies, NanoMech, Adaptive Surface and Nelumbo, among others.

  • Headquarter Abingdon, United Kingdom
  • Employees 203 as on 31 Dec, 2023
  • Founders Stephen Coulson
  • Sectors
    Chemicals & Materials
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name P2i Ltd
  • Date of Incorporation 30 Jun, 2003
  • Jurisdiction ABINGDON, OXFORDSHIRE
Operational Areas
Chemicals & Materials → Industrial & Technical Services
Technology → Quantum & Emerging Technologies
Key Metrics
  • Annual Revenue
    $29.7 M (USD)
    -1
    as on Dec 31, 2023
  • Net Profit
    $-4.09 M (USD)
    -120
    as on Dec 31, 2023
  • EBITDA
    $-4.04 M (USD)
    -66
    as on Dec 31, 2023
  • Total Equity Funding
    $38.22 M (USD)

    in 6 rounds

  • Latest Funding Round
    $18.13 M (USD), Debt – Conventional

    Nov 28, 2022

  • Investors
    HSBC

    & 8 more

  • Employee Count
    203

    as on Dec 31, 2023

  • Investments & Acquisitions
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People of P2i
Headcount 50-200
Employee Profiles 45
Board Members and Advisors 5
Employee Profiles
People
Martin Tolliday
Chief Operating Officer
People
Ahilan Rabindran
Chief Financial Officer
People
Chris Saunders
Executive Chairman & CEO
People
Dr Stephen Coulson
Cto, Commercial Director (europe & India)

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Board Members and Advisors
people
Andrew Lane
Non-Executive Director
people
Brad Landes
Non-Executive Director
people
Stephen Brooke
Director
people
John Malliris
Non-Executive Director

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Funding Insights of P2i

P2i has successfully raised a total of $38.22M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $18.13 million completed in November 2022. 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 Rounds 6
  • Last Round Debt – Conventional — $18.1M
  • First Round

    (20 Jul 2009)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2022 Amount Debt – Conventional - P2i Valuation

investors

Dec, 2021 Amount Series E - P2i Valuation Circularity Capital
Apr, 2018 Amount Series D - P2i Valuation Unilever Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in P2i

P2i has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include HSBC, Circularity Capital and Unilever 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward small and medium-sized businesses.
Founded Year Domain Location
Corporate-backed venture capital firm focused on consumer tech and multiple sectors
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by P2i

P2i has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Surface Innovations. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Functional nanocoating solutions are designed for surface property tailoring.
2001
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - P2i

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

P2i Comparisons

Employees
+
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Competitors of P2i

P2i 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 actnano, HZO Waterproof Technologies, NanoMech, Adaptive Surface and Nelumbo, 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
Environmental resistant nanocoatings are developed for diversified applications.
domain founded_year HQ Location
Water-resistant coatings are developed for electronic components and assemblies.
domain founded_year HQ Location
Coating and cutting tools are manufactured for industrial applications.
domain founded_year HQ Location
Materials and coatings that repel fluids are produced.
domain founded_year HQ Location
Omniphobic nanocoatings are developed for air conditioners to enhance efficiency.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on P2i

Frequently Asked Questions about P2i

When was P2i founded?

P2i was founded in 2004 and raised its 1st funding round 5 years after it was founded.

Where is P2i located?

P2i is headquartered in Abingdon, United Kingdom. It is registered at Abingdon, Oxfordshire, United Kingdom.

Who is the current CEO of P2i?

Chris Saunders is the current CEO of P2i.

Is P2i a funded company?

P2i is a funded company, having raised a total of $38.22M across 6 funding rounds to date.

How many employees does P2i have?

As of Dec 31, 2023, the latest employee count at P2i is 203.

What is the annual revenue of P2i?

Annual revenue of P2i is $29.7M as on Dec 31, 2023.

What does P2i do?

The company was founded in 2004 in Abingdon, United Kingdom, and operates in the advanced materials sector. Conformal coating solutions are developed to offer liquid and environmental protection for electronics, materials, and medical applications. Surfaces are enhanced at the molecular level to achieve repellency and barrier properties, supporting extended product lifecycles, cost reductions, and recycling initiatives across various industries.

Who are the top competitors of P2i?

P2i's top competitors include Nelumbo, Adaptive Surface and actnano.

How many acquisitions has P2i made?

P2i has made 1 acquisition, including Surface Innovations.

Who are P2i's investors?

P2i has 9 investors. Key investors include HSBC, Circularity Capital, Unilever Ventures, Ploughshare Innovations, and Porton Group.

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