Coomtech Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 14

Employees

  • Latest Deal Type
  • M&A

Coomtech General Information

Description

Developer of an industrial drying technology designed to reduce energy costs, emissions, and improve plant efficiency. The company's technology focuses on the construction and renewable energy industries, opportunities for existing minerals, refined manufacturing materials, and industrial waste stream fuels, enabling bulk material industries to mechanically remove surface moisture, rather than evaporating the water using carbon dioxide-generating heat.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 330 High Holborn
  • Holborn Gate
  • London WC1V 7QH
  • England, United Kingdom
+44 07793
Primary Industry
Alternative Energy Equipment
Other Industries
Machinery (B2B)
Parent Company
Kinetic Air Dryers
Corporate Office
  • 330 High Holborn
  • Holborn Gate
  • London WC1V 7QH
  • England, United Kingdom
+44 07793

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Coomtech Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 15-Jun-2026 Completed Generating Revenue
8. Later Stage VC 11-May-2023 Completed Generating Revenue
7. Later Stage VC (Series A) 01-Mar-2022 Completed Generating Revenue
6. Later Stage VC 30-Sep-2021 Completed Generating Revenue
5. Grant 01-Jan-2018 Completed Generating Revenue
4. Later Stage VC 24-Apr-2017 Completed Generating Revenue
3. Early Stage VC 01-Jul-2015 Completed Startup
2. Accelerator/Incubator $1.1M Completed Startup
1. Debt - General $1.1M $1.1M Completed Startup
To view Coomtech’s complete valuation and funding history, request access »

Coomtech Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
A Ordinary
A Ordinary
A Ordinary
A Ordinary
A Ordinary
A Ordinary
Ordinary
Ordinary
Ordinary 212,000 $0.124946 $2.95 $2.95 1x $2.95 1.22%
Ordinary 37,110 $0.124946 $3.79 $3.79 1x $3.79 0.21%
To view Coomtech’s complete cap table history, request access »

Coomtech Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an industrial drying technology designed to reduce energy costs, emissions, and improve plant efficiency. T
Alternative Energy Equipment
London, United Kingdom
14 As of 2024

Massing, Germany
 
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Coomtech Competitors (1)

One of Coomtech’s competitors is Stela (Machinery B2B), a Corporation company based in Massing, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Stela (Machinery B2B) Corporation Massing, Germany
You’re viewing 1 of 1 competitors. Get the full list »

Coomtech Patents

Coomtech Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202211361-D0 Apparatus Active 04-Aug-2022
GB-2612673-A Apparatus Active 04-Aug-2022
AU-2023324640-A1 Apparatus for removing moisture from particulate material Pending 04-Aug-2022
EP-4416443-A1 Apparatus for removing moisture from particulate material Inactive 04-Aug-2022
GB-2612673-B Apparatus for removing moisture from particulate material Active 04-Aug-2022 F26B17/107
To view Coomtech’s complete patent history, request access »

Coomtech Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Coomtech Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Discovery Park Ventures Family Office Minority
Green Angel Ventures Venture Capital Minority
Holcim Corporation Minority
Holcim MAQER Ventures Venture Capital Minority
Innovate UK Government
You’re viewing 5 of 7 investors. Get the full list »

Coomtech FAQs

  • When was Coomtech founded?

    Coomtech was founded in 2011.

  • Where is Coomtech headquartered?

    Coomtech is headquartered in London, United Kingdom.

  • What is the size of Coomtech?

    Coomtech has 14 total employees.

  • What industry is Coomtech in?

    Coomtech’s primary industry is Alternative Energy Equipment.

  • Is Coomtech a private or public company?

    Coomtech is a Private company.

  • What is Coomtech’s current revenue?

    The current revenue for Coomtech is .

  • How much funding has Coomtech raised over time?

    Coomtech has raised $11.5M.

  • Who are Coomtech’s investors?

    Discovery Park Ventures, Green Angel Ventures, Holcim, Holcim MAQER Ventures, and Innovate UK are 5 of 7 investors who have invested in Coomtech.

  • Who are Coomtech’s competitors?

    Stela (Machinery B2B) is a competitor of Coomtech.

  • When was Coomtech acquired?

    Coomtech was acquired on 15-Jun-2026.

  • Who acquired Coomtech?

    Coomtech was acquired by Kinetic Air Dryers.

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