Porotech Overview
- Year Founded
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2018
- Status
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Private
- Employees
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51
- Latest Deal Type
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Series B
- Latest Deal Amount
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$12.9M
- Investors
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14
Porotech General Information
Description
Developer of a gallium nitride material technology designed to provide wide-ranging applications in the electronics industry. The company's technology engages in developing energy-efficient wide-bandgap compound semiconductors by applying cutting-edge material technologies to unleash the full potential of GaN, enabling clients with improved efficiency of light-emitting diodes and other electronic devices.
Contact Information
Website
www.porotech.comCorporate Office
- Unit 13, Evolution Business Park Milton Road
- Cambridgeshire
- Impington CB24 9NG
- England, United Kingdom
Corporate Office
- Unit 13, Evolution Business Park Milton Road
- Cambridgeshire
- Impington CB24 9NG
- England, United Kingdom
Porotech Timeline
Porotech Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC (Series B) | 06-Mar-2026 | $12.9M | Completed | Generating Revenue | ||
| 5. Grant | 01-Dec-2022 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 18-Feb-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 07-Jun-2021 | Completed | Generating Revenue | |||
| 2. Seed Round | 13-May-2020 | $1.89M | $1.89M | Completed | Generating Revenue | |
| 1. University Spin-Out | 30-Apr-2018 | Completed | Startup |
Porotech Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series B | ||||||||
| Series A-2 | ||||||||
| Series A-1 | ||||||||
| Seed Preferred | 94,494 | $0.000014 | $43.17 | $43.17 | 1x | $43.17 | 15.58% | |
| Ordinary | 86,773 | $0.000014 | $23.7 | $23.7 | 1x | $23.7 | 14.3% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Porotech Comparisons
Industry
Financing
Details
Porotech Competitors (3)
One of Porotech’s 3 competitors is Efficient Power Conversion, a Venture Capital-Backed company based in El Segundo, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Efficient Power Conversion | Venture Capital-Backed | El Segundo, CA | ||||
| Kyma Technologies | Venture Capital-Backed | Raleigh, NC | ||||
| Navitas Semiconductor | Formerly VC-backed | Torrance, CA |
Porotech Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Porotech Patents
Porotech Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-202507262-D0 | Opto-electronic device | Pending | 12-May-2025 | ||
| GB-202507273-D0 | Optoelectric device and method | Pending | 12-May-2025 | ||
| GB-202403763-D0 | Method and apparatus for display correction | Inactive | 15-Mar-2024 | ||
| WO-2025191247-A1 | Method and apparatus for display correction | Pending | 15-Mar-2024 | ||
| GB-202401139-D0 | Method and device for display correction | Inactive | 29-Jan-2024 | G09G3/32 |
Porotech Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Porotech Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Hon Hai Precision Industry (Connector Business) | Corporation | Minority | ||
| Royal Academy of Engineering | Not-For-Profit Venture Capital | |||
| Ameba Capital | Venture Capital | Minority | ||
| EMV Capital | Venture Capital | Minority | ||
| Highlight Capital | Venture Capital | Minority |
Porotech FAQs
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When was Porotech founded?
Porotech was founded in 2018.
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Where is Porotech headquartered?
Porotech is headquartered in Impington, United Kingdom.
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What is the size of Porotech?
Porotech has 51 total employees.
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What industry is Porotech in?
Porotech’s primary industry is General Purpose Semiconductors.
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Is Porotech a private or public company?
Porotech is a Private company.
-
What is the current valuation of Porotech?
The current valuation of Porotech is .
-
What is Porotech’s current revenue?
The current revenue for Porotech is .
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How much funding has Porotech raised over time?
Porotech has raised $42.2M.
-
Who are Porotech’s investors?
Hon Hai Precision Industry (Connector Business), Royal Academy of Engineering, Ameba Capital, EMV Capital, and Highlight Capital are 5 of 14 investors who have invested in Porotech.
-
Who are Porotech’s competitors?
Efficient Power Conversion, Kyma Technologies, and Navitas Semiconductor are competitors of Porotech.
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