P2i

Abingdon, United Kingdom Founded: 2004 • Age: 22 yrs
Provider of ultra-thin barrier coatings for electronics, materials, and medical applications
Annual revenue $29.7M Latest available
Total funding $38.2M 6 rounds
Employees 203 Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name P2i Ltd
  • Date of Incorporation 30 Jun, 2003
  • Jurisdiction ABINGDON, OXFORDSHIRE
Operational Areas
Chemicals & Materials → Industrial & Technical Services Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward small and medium-sized businesses.
Locked Locked Locked
Corporate-backed venture capital firm focused on consumer tech and multiple sectors
Locked Locked Locked
-
Locked Locked Locked
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Investor details for P2i

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Investments & Acquisitions by P2i

P2i has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Surface Innovations.

Investments
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Investment portfolio details for P2i

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Functional nanocoating solutions are designed for surface property tailoring.
Locked Locked 2001 Locked
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Complete acquisition details for P2i

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Financial Statements - P2i

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Detailed financials for P2i

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P2i Comparisons

P2i Primary company
Description
Provider of ultra-thin barrier coatings for electronics, mat...
Location
Abingdon, United Kingdom
Founded Year
2004
Annual Revenue
$29.7 M (USD)
Net Profit
-$4.09 M (USD)
EBITDA
-$4.04 M (USD)
Employees
203
As of 2023
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Peer comparison for P2i

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Environmental resistant nanocoatings are developed for diversified applications.
Locked Locked Locked
Water-resistant coatings are developed for electronic components and assemblies.
Locked Locked Locked
Coating and cutting tools are manufactured for industrial applications.
Locked Locked Locked
Materials and coatings that repel fluids are produced.
Locked Locked Locked
Omniphobic nanocoatings are developed for air conditioners to enhance efficiency.
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Detailed competitors of P2i

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Latest news on P2i

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Complete news archive for P2i

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about P2i

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

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

Chris Saunders is the current CEO of P2i.

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

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

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

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.

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

P2i has made 1 acquisition, including Surface Innovations.

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

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