Tech Company Financing Transactions

Prometheus Materials Funding Round

Prometheus Materials closed a $8 million Series A investment round on 6/6/2022. Investors included Sofinnova Ventures, Autodesk and GAF.

Transaction Overview

Company Name
Prometheus Materials
Announced On
6/6/2022
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors

Sofinnova Ventures (Lead Investor) (Jo�ko Bobanovic)

Autodesk

GAF

Microsoft Climate Innovation Fund (Mark Kroese)

Proceeds Purpose
Prometheus Materials will use the funding to commercially manufacture zero-carbon masonry units at its production facility in Longmont, Colorado.

Company Information

Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
Undisclosed
Boulder, CO 80301
USA
Phone
303-351-1832
Website
www.prometheusmaterials.com
Email Address
[email protected]
Overview
Prometheus Materials delivers sustainable building materials that accelerate the world's transition to a carbon-negative future. Inspired by biological processes found in nature, the company has developed a technology that uses naturally occurring microalgae to produce a bio-cement that offers an affordable, strong, and durable alternative to carbon-intensive portland cement.
Profile
Prometheus Materials LinkedIn Company Profile
Social Media
Prometheus Materials Company Twitter Account
Company News
Prometheus Materials News
Facebook
Prometheus Materials on Facebook
YouTube
Prometheus Materials on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Loren Burnett
  Loren Burnett LinkedIn Profile  Loren Burnett Twitter Account  Loren Burnett News  Loren Burnett on Facebook
Chief Technical Officer
Wil Srubar
  Wil Srubar LinkedIn Profile  Wil Srubar Twitter Account  Wil Srubar News  Wil Srubar on Facebook
Co-Founder
Jeffrey Cameron
  Jeffrey Cameron LinkedIn Profile  Jeffrey Cameron Twitter Account  Jeffrey Cameron News  Jeffrey Cameron on Facebook
Co-Founder
Sherri Cook
  Sherri Cook LinkedIn Profile  Sherri Cook Twitter Account  Sherri Cook News  Sherri Cook on Facebook
VP - Engineering
Mija Hubler
  Mija Hubler LinkedIn Profile  Mija Hubler Twitter Account  Mija Hubler News  Mija Hubler on Facebook
VP - Manufacturing
Vaughn Bigelow
  Vaughn Bigelow LinkedIn Profile  Vaughn Bigelow Twitter Account  Vaughn Bigelow News  Vaughn Bigelow on Facebook
VP - Marketing
Lara Darvie
  Lara Darvie LinkedIn Profile  Lara Darvie Twitter Account  Lara Darvie News  Lara Darvie on Facebook
VP - Product Management
Linfei Li
  Linfei Li LinkedIn Profile  Linfei Li Twitter Account  Linfei Li News  Linfei Li on Facebook

 

 

Browse more venture capital transactions:

Prev: 6/6/2022: Vayyar Imaging venture capital transaction
Next: 6/6/2022: Trovata venture capital transaction

 

Share this article

 

About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.