About Ultromex
Ultromex is a company based in Birkenhead (United Kingdom) founded in 2011.. 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 as of June 30, 2022. Ultromex offers products and services including Grant Application Support, Loan Application Support, and Project Management Support. Ultromex operates in a competitive market with competitors including Binding Solutions, Phoenix Tailings, GreenIron, EnviroMetal Technologies and BacTech Environmental, among others.
- Headquarter Birkenhead, United Kingdom
- Employees 18 as on 30 Jun, 2022
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Sectors
EnvironmentNatural Resources
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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 Ultromex Ltd
- Date of Incorporation 08 Jun, 2011
- Jurisdiction WIRRAL, MERSEYSIDE, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$794 K (USD)
in 4 rounds
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Latest Funding Round
$54.25 K (USD), Grant
Mar 31, 2015
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Investors
European Union
& 2 more
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Employee Count
18
as on Jun 30, 2022
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Products & Services of Ultromex
Ultromex offers a comprehensive portfolio of products and services, including Grant Application Support, Loan Application Support, and Project Management Support. 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.
Helps businesses write and submit Innovate UK grant applications.
Assists with Innovate UK innovation loan applications and assessments.
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 Total Funding
- Total Rounds 4
- Last Round Grant — $54,250
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First Round
First Round
(10 Jan 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Grant - Ultromex | Valuation |
investors |
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| Oct, 2014 | Amount | Grant - Ultromex | Valuation |
investors |
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| Sep, 2014 | Amount | Grant - Ultromex | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 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. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Venture debt firm
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Ultromex
| 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 - Ultromex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Ultromex Comparisons
Competitors of Ultromex
Ultromex 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 Binding Solutions, Phoenix Tailings, GreenIron, EnviroMetal Technologies and BacTech Environmental, 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 |
Technology for recovering metals from mining waste is provided.
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| domain | founded_year | HQ Location |
Mining waste is processed to recover minerals and metals.
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| domain | founded_year | HQ Location |
Provider of CO2-free metal production using recycled materials
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| domain | founded_year | HQ Location |
Precious metals are recovered using non-cyanide technology solutions.
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| domain | founded_year | HQ Location |
Toxic mining waste is treated using bioleaching technology solutions.
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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 Ultromex
Frequently Asked Questions about Ultromex
When was Ultromex founded?
Ultromex was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Ultromex located?
Ultromex is headquartered in Birkenhead, United Kingdom. It is registered at Birkenhead, Merseyside, United Kingdom.
Who is the current CEO of Ultromex?
Nigel Seddon is the current CEO of Ultromex.
Is Ultromex a funded company?
Ultromex is a funded company, having raised a total of $794K across 4 funding rounds to date.
How many employees does Ultromex have?
As of Jun 30, 2022, the latest employee count at Ultromex is 18.
What does Ultromex do?
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.
Who are the top competitors of Ultromex?
Ultromex's top competitors include Phoenix Tailings, Binding Solutions and GreenIron.
What products or services does Ultromex offer?
Ultromex offers Grant Application Support, Loan Application Support, and Project Management Support.
Who are Ultromex's investors?
Ultromex has 3 investors. Key investors include European Union, EIC Fund, and The North West Fund.