Ultromex

Birkenhead, United Kingdom Founded: 2011 • Age: 15 yrs
Innovate UK grant and loan support is provided to businesses.

About Ultromex

Ultromex is an Environment company based in Birkenhead (United Kingdom) founded in 2011. It operates as an innovate UK grant and loan support is provided to businesses. It operates in the Environment and Natural Resources sectors. Ultromex has raised $794 thousand across 4 funding rounds from investors including European Union, EIC Fund and The North West Fund. The company has 18 employees. Its chief executive is Nigel Seddon. Ultromex offers products and services including Grant Application Support, Loan Application Support, and Project Management Support. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Technology Providers. Its legal entity is ULTROMEX LTD. Its competitors include Binding Solutions, Phoenix Tailings, GreenIron, EnviroMetal Technologies and BacTech Environmental and 4 more; 3 of its 9 listed competitors have raised funding.

Company details

Ultromex was founded in 2011 in Birkenhead, United Kingdom, and operates in the business funding support sector. Assistance is offered to companies seeking Innovate UK grants and loans for research and development initiatives. Services encompass identification of funding opportunities, preparation of applications, bid writing, project establishment, and ongoing management. Compliance with funding requirements is maintained from application submission through to project closure, with operations centered in the UK.

  • Headquarters Birkenhead, United Kingdom
  • Employees 18
  • Sectors
    Environment
    Natural Resources
  • Email
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  • Phone
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  • Website ultromex.com
  • Social LinkedIn
  • Legal Name Ultromex Ltd
  • Date of Incorporation 08 Jun, 2011
  • Jurisdiction WIRRAL, MERSEYSIDE, ENGLAND
Key Metrics
  • Total Equity Funding
    $794K (USD)

    in 4 rounds

  • Latest Funding Round
    $54.25K (USD), Grant

    Mar 2015

  • Investors
  • Employee Count
    18

Products & Services of Ultromex

Ultromex offers a comprehensive portfolio of products and services, including Grant Application Support, Loan Application Support, and Project Management Support.

Grant Application Support
Consulting Service

Helps businesses write and submit Innovate UK grant applications.

Loan Application Support
Financial Service

Assists with Innovate UK innovation loan applications and assessments.

Project Management Support
Administrative Service

Manages R&D projects and ensures compliance with funding requirements.

Funding Insights of Ultromex

Ultromex has successfully raised a total of $794K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $54.25 thousand completed in March 2015. 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 $794,000
  • Total Rounds 4
  • Last Round Grant β€” $54,250
  • First Round $794,000

    (Jan 2013)

  • Investors Count 3

All 4 funding rounds of Ultromex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2015$54,250Grant––
Oct 2014$63,090Grant––
Sep 2014–Grant––
Jan 2013$794,000Seed––
Valuation history

3 investors in total: 3 institutional.

Investors in Ultromex

Ultromex has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and The North West Fund.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Government agency and accelerator focusing on innovative startups and SMEs
–eicfund.euBrussels, Belgium
Venture debt firm
–thenorthwestfund.co.ukWarrington, United Kingdom
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for Ultromex

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People of Ultromex

1 people are tracked at Ultromex (1 in leadership); the tracked headcount is 18.

NameRoleGroup
Nigel Seddon
CEOLeadership
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Timeline of Ultromex

3 dated milestones of Ultromex across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ultromex is founded.
  2. Funding First funding round of $794K.
  3. Funding Latest funding round, Grant, of $54K.

Competitors of Ultromex

Ultromex has 9 listed competitors in our database, 3 of them funded. They include Binding Solutions, Phoenix Tailings, GreenIron, EnviroMetal Technologies and BacTech Environmental, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bindingsolutions.uk2016Middlesbrough, United Kingdom$26.79M16
Technology for recovering metals from mining waste is provided.
phoenixtailings.com2019Woburn, United States$88.47M–
Mining waste is processed to recover minerals and metals.
greeniron.se2018Stockholm, Sweden$5.51M–
Provider of CO2-free metal production using recycled materials
envirometal.com2016Burnaby, Canada––
Precious metals are recovered using non-cyanide technology solutions.
bactechgreen.com2010Toronto, Canada–49
Toxic mining waste is treated using bioleaching technology solutions.
cvwcleantech.com2003Calgary, Canada––
Royalty financing is provided to clean technology businesses for decarbonization.
easymining.com2007Uppsala, Sweden––
Tools for mineral recovery from mining waste are provided.
r-cycle.fi2019Hyvinkaa, Finland––
Provider of recovery solutions that enable the extraction of valuable metals from waste materials
athos.bio2024New York, United States––
Mining waste is converted into industrial materials through biofermentation processes.
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Detailed competitors of Ultromex

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Top companies in Waste & Water Management Systems

10 companies that operate in the same segment as Ultromex (Waste & Water Management Systems), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Wastewater and energy management services are provided internationally.
1853Aubervilliers, Seine-saint-denis, France–USD 52.17 B215,040
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Waste collection and management services are provided nationwide.
1968Houston, Texas, United States–USD 25.2 B61,700
Integrated waste management services are provided nationwide.
1998Phoenix, Arizona, United States–USD 16.59 B42,000
Provider of smart water purifier rental and maintenance services
2016Bengaluru, Karnataka, IndiaUSD 19.29 MUSD 3.62 M–
Sensor-based sorting and recycling solutions are provided for multiple industries.
1972Asker, Viken, Norway–USD 1.53 B4,950
Smart water dispensers with flavored options are provided for offices.
2013Boston, Massachusetts, United StatesUSD 135.53 M–102
Surplus goods are shared among neighbors through a mobile app.
2015London, England, United KingdomUSD 51.2 M––
Water and waste treatment services are provided worldwide.
1966London, England, United Kingdom–USD 4.18 B9,750
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Frequently Asked Questions about Ultromex

Ultromex was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Ultromex is headquartered in Birkenhead, United Kingdom. It is registered at Birkenhead, Merseyside, United Kingdom.

Nigel Seddon is the current CEO of Ultromex.

Ultromex is a funded company, having raised a total of $794K across 4 funding rounds to date. The company's 1st funding round was a Seed of $794K, raised on Jan 2013.

Ultromex has 18 employees.

Ultromex was founded in 2011 in Birkenhead, United Kingdom, and operates in the business funding support sector. Assistance is offered to companies seeking Innovate UK grants and loans for research and development initiatives. Services encompass identification of funding opportunities, preparation of applications, bid writing, project establishment, and ongoing management. Compliance with funding requirements is maintained from application submission through to project closure, with operations centered in the UK.

Ultromex's top competitors include Phoenix Tailings, Binding Solutions and GreenIron.

Ultromex offers Grant Application Support, Loan Application Support, and Project Management Support.

Ultromex has 3 investors. Key investors include European Union, EIC Fund, and The North West Fund.

Ultromex operates through Ultromex Ltd.

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