Fundraising Fox

Prometheus

YC W19 ↗

Santa Cruz, US · Founded 2018 · Delaware corporation · 25 employees · 6 known investors

prometheusfuels.com ↗

Prometheus Fuels develops systems that convert intermittent renewable energy into liquid fuels for remote electrification. The ULDES and Fuel Forge systems operate independently from the grid, storing energy as liquid fuels when renewable power is available.

Advanced ManufacturingCleantechClimate TechDeep TechEnergyEnergy StorageClimatein /prometheusfuels/@prometheusfuelsycombinator.com ↗

Founders & leadership· Y Combinator alumni (W19)

RMRob McGinnis
Rob McGinnisin𝕏Founder/CEO

Investors · 6

BMW i VenturesMountain View · $10M
Emles Venture PartnersNew York
ExpaWest Hollywood · $250K – $3M
Maersk Growth$1M – $50Mvia Shereen Zarkani · inferred
MetaplanetTallinn · $500K – $10M
Y CombinatorSan Francisco · $500K

Reported raises · per SEC filings

Form D private placements
▶$11.5MraisedMar 2020 · 6 investors · Other Technology
Rule 506(b)
Foiled by the firewall: a tale of transition from Prometheus to VictoriaMetricspercona.com · Dec 2020
Officers, directors & promoters on the filing
  • Robert L. McGinnisExecutive Officer, Director, Promoter
Offering amount
$15M
Amount sold
$11.5M
First sale
Mar 2020
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news