Foresight Group has invested £749,000 in Promethean Particles Limited to enhance its nanomaterial manufacturing capabilities and create new jobs in the Nottingham area.
Target Information
Promethean Particles Limited, commonly referred to as Promethean, is a pioneering company that specializes in the manufacturing of nanomaterials. Founded in 2007 as a spin-off from the University of Nottingham, the company was established to commercialize innovative technology developed from the research of Professor Ed Lester. Promethean designs and produces high-value nanomaterials featuring specific chemical and physical properties, meeting the demands of various industries.
Promethean has recognized the limitations of traditional particle production methods, which typically rely on batch manufacturing or dry technologies that may compromise quality, safety, and scalability. To combat these challenges, Promethean has created a revolutionary continuous flow reactor, the largest of its kind globally. This innovation allows for large-scale manufacturing while enhancing process reproducibility and reliability.
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Industry Overview
The nanomaterials industry is rapidly expanding, driven by the increasing demand for innovative materials across numerous sectors such as electronics, energy, and healthcare. In the UK, the government supports advancements in n
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Foresight Group LLP
invested in
Promethean Particles Limited
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $1M
Equity Value: $1M