About Prometheus Materials
Prometheus Materials is a company based in Boulder (United States) founded in 2021 by Jeffrey Cameron, Sherri Cook, Wil V Srubar, and Mija Hubler.. Prometheus Materials has raised $14.25 million across 2 funding rounds from investors including Microsoft, Sofinnova Partners and SOM. Prometheus Materials offers products and services including ProZERO™ Blend, Bio-Block, Flow Fill, and Ready Mix. Prometheus Materials operates in a competitive market with competitors including Neustark, Carbicrete, CarbonCure, CarbonBuilt and ecoLocked, among others.
- Headquarter Boulder, United States
- Founders Jeffrey Cameron, Sherri Cook, Wil V Srubar, Mija Hubler
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Prometheus Materials, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.25 M (USD)
in 2 rounds
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Latest Funding Round
$6.25 M (USD), Series A
Jul 09, 2024
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Investors
Microsoft
& 4 more
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Employee Count
Employee Count
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Products & Services of Prometheus Materials
Prometheus Materials offers a comprehensive portfolio of products and services, including ProZERO™ Blend, Bio-Block, Flow Fill, and Ready Mix. 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.
Sustainable cement for low-carbon construction and emission reduction
Eco-friendly block for innovative building applications
Material for filling and stabilizing sustainable structures
Pre-mixed solution for quick eco-friendly construction
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Funding Insights of Prometheus Materials
Prometheus Materials has successfully raised a total of $14.25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.25 million completed in July 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 Series A — $6.2M
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First Round
First Round
(12 Apr 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Series A - Prometheus Materials | Valuation |
investors |
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| Apr, 2022 | Amount | Series A - Prometheus Materials | Valuation | Sofinnova Partners |
| 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 Prometheus Materials
Prometheus Materials has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Sofinnova Partners and SOM. 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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Sofinnova Partners is focused on life sciences and healthcare investments.
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Microsoft is recognized for software, hardware, and gaming solutions.
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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 Prometheus Materials
| 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 - Prometheus Materials
| 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 |
Prometheus Materials Comparisons
Competitors of Prometheus Materials
Prometheus Materials 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 Neustark, Carbicrete, CarbonCure, CarbonBuilt and ecoLocked, 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 |
Provider of carbon mineralization technology that stores CO2 in demolished concrete.
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| domain | founded_year | HQ Location |
Cement-free concrete technology is developed using by-products and captured CO2.
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| domain | founded_year | HQ Location |
CO2 is injected into concrete mixes for greener, stronger materials.
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| domain | founded_year | HQ Location |
Developer of ultra-low carbon concrete and carbon reduction solutions
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| domain | founded_year | HQ Location |
Carbon-negative concrete and sustainable building materials are manufactured.
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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 Prometheus Materials
Frequently Asked Questions about Prometheus Materials
When was Prometheus Materials founded?
Prometheus Materials was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Prometheus Materials located?
Prometheus Materials is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Is Prometheus Materials a funded company?
Prometheus Materials is a funded company, having raised a total of $14.25M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Apr 12, 2022.
What does Prometheus Materials do?
Prometheus Materials was founded in 2021 in Boulder, United States, within the sustainable construction sector. Zero-carbon concrete materials are produced, including precast blocks, acoustic panels, pavers, and ready-mix bio-cement blends. These products are developed to substitute traditional cement and comply with industry standards. Operations are centered on supporting eco-friendly building practices across global markets.
Who are the top competitors of Prometheus Materials?
Prometheus Materials's top competitors include Neustark, Carbicrete and CarbonCure.
What products or services does Prometheus Materials offer?
Prometheus Materials offers ProZERO™ Blend, Bio-Block, Flow Fill, and Ready Mix.
Who are Prometheus Materials's investors?
Prometheus Materials has 5 investors. Key investors include Microsoft, Sofinnova Partners, SOM, GAF, and Autodesk.
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