Prometheus Materials Overview
- Year Founded
-
2021
- Status
-
Private
- Employees
-
14
- Latest Deal Type
-
Series A3
- Latest Deal Amount
-
$10.5M
- Investors
-
8
Prometheus Materials General Information
Description
Developer of zero-carbon concrete intended to make bio-cement with zero carbon emission and take the world towards sustainability. The company specializes in producing new construction materials using algae, water, ambient carbon dioxide, sunlight, sand, bio-cement, and bio-concrete that are carbon negative, enabling clients to make sustainable concrete to reduce the global emission of carbon dioxide.
Contact Information
Website
prometheusmaterials.comCorporate Office
- 1822 Sunset Place B
- Suite B
- Longmont, CO 80501
- United States
Corporate Office
- 1822 Sunset Place B
- Suite B
- Longmont, CO 80501
- United States
Prometheus Materials Timeline
Prometheus Materials Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series A3) | 30-Jan-2026 | $10.5M | Completed | Generating Revenue | ||
| 4. Early Stage VC (Series A1) | 09-Jul-2024 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 31-Mar-2022 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2022 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | Completed | Generating Revenue |
Prometheus Materials Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A3 | ||||||||
| Series A5 | ||||||||
| Series A4 | ||||||||
| Series A2 | 809,021 | $0.000010 | $0.45 | $0.45 | 1x | $0.45 | 2.08% | |
| Series A1 | 5,912,346 | $0.000010 | $1.35 | $1.35 | 1x | $1.35 | 15.23% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Prometheus Materials Comparisons
Industry
Financing
Details
Prometheus Materials Competitors (3)
One of Prometheus Materials’s 3 competitors is Brimstone, a Venture Capital-Backed company based in Oakland, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Brimstone | Venture Capital-Backed | Oakland, CA | ||||
| CarbonCure | Venture Capital-Backed | Dartmouth, Canada | ||||
| Low Carbon Materials | Venture Capital-Backed | Durham, United Kingdom |
Prometheus Materials Patents
Prometheus Materials Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2025264948-A1 | Controlled low strength materials | Pending | 02-May-2024 | ||
| WO-2025230779-A1 | Controlled low strength materials | Pending | 02-May-2024 | ||
| AU-2025265479-A1 | Sustainable cement and concrete | Pending | 02-May-2024 | ||
| WO-2025230653-A1 | Sustainable cement and concrete | Pending | 02-May-2024 | ||
| AU-2024381626-A1 | Bio-cement, methods of manufacture thereof and articles containing the same | Pending | 15-Nov-2023 | C04B28/006 |
Prometheus Materials Signals
Prometheus Materials Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Autodesk Foundation | Impact Investing | Minority | ||
| GAF Materials | Corporation | Minority | ||
| Impact Assets | Impact Investing | Minority | ||
| Microsoft Climate Fund | Impact Investing | Minority | ||
| Skidmore Owings & Merrill | Corporation | Minority |
Prometheus Materials FAQs
-
When was Prometheus Materials founded?
Prometheus Materials was founded in 2021.
-
Where is Prometheus Materials headquartered?
Prometheus Materials is headquartered in Longmont, CO.
-
What is the size of Prometheus Materials?
Prometheus Materials has 14 total employees.
-
What industry is Prometheus Materials in?
Prometheus Materials’s primary industry is Raw Materials (Non-Wood).
-
Is Prometheus Materials a private or public company?
Prometheus Materials is a Private company.
-
What is the current valuation of Prometheus Materials?
The current valuation of Prometheus Materials is .
-
What is Prometheus Materials’s current revenue?
The current revenue for Prometheus Materials is .
-
How much funding has Prometheus Materials raised over time?
Prometheus Materials has raised $24.8M.
-
Who are Prometheus Materials’s investors?
Autodesk Foundation, GAF Materials, Impact Assets, Microsoft Climate Fund, and Skidmore Owings & Merrill are 5 of 8 investors who have invested in Prometheus Materials.
-
Who are Prometheus Materials’s competitors?
Brimstone, CarbonCure, and Low Carbon Materials are competitors of Prometheus Materials.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process