Coomtech Overview
- Year Founded
-
2011
- Status
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Acquired/Merged
- Employees
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14
- Latest Deal Type
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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
Website
www.coomtech.com(Operating Subsidiary)
Corporate Office
- 330 High Holborn
- Holborn Gate
- London WC1V 7QH
- England, United Kingdom
Corporate Office
- 330 High Holborn
- Holborn Gate
- London WC1V 7QH
- England, United Kingdom
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 |
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% |
Coomtech Comparisons
Industry
Financing
Details
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 |
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 |
Coomtech Signals
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 |
Coomtech FAQs
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When was Coomtech founded?
Coomtech was founded in 2011.
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Where is Coomtech headquartered?
Coomtech is headquartered in London, United Kingdom.
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What is the size of Coomtech?
Coomtech has 14 total employees.
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What industry is Coomtech in?
Coomtech’s primary industry is Alternative Energy Equipment.
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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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