
About Primet Precision
Primet Precision is a company based in Ithaca (United States) founded in 2003. Primet Precision has raised $7.57 million across 5 funding rounds from investors including New York State Energy Research and Development Authority, ATEL Capital Group and Cayuga Venture Fund. The company has 14 employees. Primet Precision operates in a competitive market with competitors including Nanoramic, NanoOne, Gnanomat, Ten-Nine Technologies and Nanom, among others.
- Headquarter Ithaca, United States
- Employees 14
- SectorsEnergy & UtilitiesTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website primetprecision.com
- Social LinkedIn
- Legal Name Primet Precision Materials, Inc.
- Total Equity Funding$7.57M (USD)
in 5 rounds
- Latest Funding Round$650K (USD), Grant
Jan 2013
- Investors
- Employee Count14
Funding Insights of Primet Precision
Primet Precision has successfully raised a total of $7.57M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $650 thousand completed in January 2013. 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 $7.57M
- Total Rounds 5
- Last Round Grant β $650,000
- First Round $1M
(Sep 2007)
- Investors Count 4
All 5 funding rounds of Primet Precision with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2013 | $650,000 | Grant | β | β | |
| May 2011 | $2.51M | Series B | β | β | β |
| Apr 2010 | $4.07M | Series B | β | β | β |
| Oct 2008 | $1.25M | Debt – Conventional | β | β | |
| Sep 2007 | $1M | Series B | β | Cayuga Venture Fund, DFJ | β |
4 investors in total: 4 institutional.
Investors in Primet Precision
Primet Precision has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include New York State Energy Research and Development Authority, ATEL Capital Group and Cayuga Venture Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC & private debt firm focused on tech companies | 1977 | atel.com | San Francisco, United States | |
Stage-agnostic venture capital is invested in New York tech firms. | – | cayugaventures.com | Ithaca, United States | |
US focused VC firm | – | dfj.com | Menlo Park, United States | |
Energy research and development are advanced by this state agency. | 1975 | nyserda.ny.gov | United States |
Investor details for Primet Precision
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Primet Precision
5 people are tracked at Primet Precision (4 in leadership, 1 in team); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
Robert Dobbs | Founder & CTO | Leadership |
Marty Sukle | CFO | Leadership |
Evan House | VP, Technology | Leadership |
Robert Pedraza | CEO | Leadership |
Tammy Polmanteer | Financial Controller | Team |
Complete people profiles for Primet Precision
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Primet Precision
3 dated milestones of Primet Precision across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Primet Precision is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Grant, of $650K.
Competitors of Primet Precision
Primet Precision 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 Nanoramic, NanoOne, Gnanomat, Ten-Nine Technologies and Nanom, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nanoramic.com | 2009 | Boston, United States | – | 66 | Nanotech-based electrode materials for supercapacitors are provided. | |
| nanoone.ca | 1987 | Burnaby, Canada | – | 132 | Nanotech-based cathode materials for lithium batteries are developed. | |
| gnanomat.com | 2014 | Madrid, Spain | – | – | Graphene and derivative composites are manufactured using patented technology. | |
| ten-ninetech.com | 2014 | Tulsa, United States | – | – | Battery materials are developed for energy parity with fossil fuels. | |
| nnom.com | 2017 | Palo Alto, United States | $3M | – | Developer of nano-based battery materials | |
| univercell.group | 2019 | Flintbek, Germany | – | – | UniverCell is engaged in developing and producing battery electrodes and cells. | |
| osazda.com | 2016 | Albuquerque, United States | – | – | Provider of advanced materials for the development of solar cells | |
| powermers.com | 2012 | Columbus, United States | – | – | Advanced battery materials including nano-polymers are developed for enhanced performance. |
Detailed competitors of Primet Precision
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Primet Precision
Complete news archive for Primet Precision
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Primet Precision
10 companies that operate in the same segment as Primet Precision (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 1.88 B | – | – | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | – | USD 34.18 M | 177 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Primet Precision
Primet Precision was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Primet Precision is headquartered in Ithaca, United States. It is registered at Ithaca, New York, United States.
Primet Precision is a funded company, having raised a total of $7.57M across 5 funding rounds to date. The company's 1st funding round was a Series B of $1M, raised on Sep 2007.
Primet Precision has 14 employees.
Primet Precision Materials, Inc. was established in 2003 in Ithaca, United States, within the advanced materials sector. Electrode materials for batteries are produced, supporting applications from handheld devices to electric vehicles. A process technology is employed that reduces capital and operating costs, alongside use of lower-cost raw materials. Investment support is received from Draper Fisher Jurvetson, Cayuga Venture Fund, Morgan Stanley, and additional funds.
Primet Precision has 4 investors. Key investors include New York State Energy Research and Development Authority, ATEL Capital Group, Cayuga Venture Fund, and DFJ.
Primet Precision operates through Primet Precision Materials, Inc..
