Protonex

Southborough, United States Founded: 2000 • Age: 26 yrs Acquired By Ballard
Integrated tactical systems are developed for military and first responders.
Annual revenue - Latest available
Total funding $25.9M 9 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Protonex

Protonex is a company based in Southborough (United States) founded in 2000 was acquired by Ballard in June 2015. Protonex has raised $25.86 million across 9 funding rounds from investors including Parker, Ballard and Solstice Capital. Protonex offers products and services including Batlskin® Helmets, Power & Data Systems, and Nerv Centr® PRODUCT RANGE. Protonex operates in a competitive market with competitors including Plug Power, Intelligent Energy, EH Group Engineering, Ballard and Home Power Solutions, among others.

  • Headquarter Southborough, United States
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Protonex Technology Corporation
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $25.86 M (USD)

    in 9 rounds

  • Latest Funding Round
    $200 K (USD), Series D

    Oct 30, 2013

  • Investors
    Parker

    & 8 more

  • Employee Count
    Not available
  • Acquired by
    Ballard

    (Jun 29, 2015)

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Products & Services of Protonex

Protonex offers a comprehensive portfolio of products and services, including Batlskin® Helmets, Power & Data Systems, and Nerv Centr® PRODUCT RANGE.

Product name locked
Category locked
Primary

Customizable helmets for military mission needs.

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Intelligent solutions for battlefield power and data.

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Integrated products for tactical power and data handling.

Funding Insights of Protonex

Protonex has successfully raised a total of $25.86M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $200 thousand completed in October 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.

Investors in Protonex

Protonex has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Parker, Ballard and Solstice Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Early-stage venture capital is invested in US technology startups.
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Investor details for Protonex

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Investments & Acquisitions by Protonex

Investments
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Investment portfolio details for Protonex

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Financial Statements - Protonex

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Detailed financials for Protonex

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Protonex Comparisons

Protonex Primary company
Description
Integrated tactical systems are developed for military and f...
Location
Southborough, United States
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Protonex

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Competitors of Protonex

Protonex 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 Plug Power, Intelligent Energy, EH Group Engineering, Ballard and Home Power Solutions, among others.

Company Name Domain Founded year HQ Location Description
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Hydrogen-based fuel cells are manufactured for power applications.
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PEM fuel cell and CHP power systems developer
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Low-temperature solid oxide fuel cells are produced for CHP systems.
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Manufacturer of hydrogen fuel cells
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Integrated energy storage system for power and heating applications
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Hydrogen-based fuel cells are developed using printed circuit board technology.
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Detailed competitors of Protonex

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Latest news on Protonex

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Complete news archive for Protonex

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Frequently Asked Questions about Protonex

Protonex was founded in 2000 and raised its 1st funding round 4 years after it was founded.

Protonex is headquartered in Southborough, United States. It is registered at Southborough, Massachusetts, United States.

Protonex is a funded company, having raised a total of $25.86M across 9 funding rounds to date.

Founded in 2000 and based in Southborough, United States, Protonex operates in the defense sector. Integrated tactical systems are designed and manufactured, including protective helmet solutions, power and data management tools, and technologies for situational awareness. Operations focus on customizable products for threat mitigation and efficient battlefield support, with testing conducted through a dedicated Warfighter Lab to ensure reliability in demanding environments.

Protonex's top competitors include Plug Power, Intelligent Energy and EH Group Engineering.

Protonex offers Batlskin® Helmets, Power & Data Systems, and Nerv Centr® PRODUCT RANGE.

Protonex has 9 investors. Key investors include Parker, Ballard, Solstice Capital, In-Q-Tel, and Windsail Capital Group.

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