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Prometheus Materials
Longmont, US · Founded 2022 · Colorado corporation · 14 employees on LinkedIn · 2 known investors
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Prometheus Materials develops low-carbon cement and concrete technology, marketed as ProZERO, using algae-based biotechnology as a replacement for portland cement in ready-mix and construction applications. It serves ready-mix producers, developers, and data center builders in the construction industry, primarily in the United States.
Founders & leadership
Prometheus Materials was founded in 2022 by Loren Burnett, Sherri Cook, Mija Hubler, and Wil Srubar III.
LB
Loren BurnettPresident, Chief Executive Officer and Co-founderLoren Burnett has founded several technology companies, including e-Chromic Technologies, a manufacturer of energy-efficient electrochromic windows and films, and has experience in venture-backed businesses, financings, M&A transactions, and company exits. He is President, CEO, and co-founder of Prometheus Materials, which develops low-carbon, algae-based bio-cement and bio-concrete as an alternative to portland cement.
SC
Sherri CookAdvisor and Co-founderAdvisor and co-founder of Prometheus Materials, which develops low-carbon, algae-based cement and concrete technology as an alternative to portland cement. She leads a research group working on data, understanding, and tools to improve the treatment of and access to safe water and sanitation.
WS
Wil Srubar IIITechnology Advisor and Co-founderWil Srubar III is a materials scientist and structural engineer, and a professor of engineering at the University of Colorado Boulder, where he leads the Living Materials Laboratory within the Department of Civil, Environmental and Architectural Engineering and the Materials Science and Engineering Program. He co-founded Prometheus Materials, where he serves as Technology Advisor, as well as Minus Materials and the carbon finance company Aureus Earth.
JG
Jaclyn GruberChief Marketing OfficerJaclyn Gruber founded Up with Ivy, a marketing agency that provides strategy, operations, and brand development services, and previously led M33 before its rebranding.
Board
Investors · 2
Autodesk Foundationlisted by Autodesk FoundationSan Francisco
How we know: Autodesk Foundation's portfolio page · Not right? Tell us
Sofinnova Partnerslisted by Sofinnova PartnersParis · $540K – $27M
How we know: Sofinnova Partners's portfolio page · a partner's Signal profile · funding news · press coverage · Not right? Tell us
Funding
SEC filings, press & company announcements$18.4M disclosed across 3 rounds · 2022–2026
- $8Mseries AMar 2026Source ↗
▶$6.3MraisedJul 2024 · 6 investors · Other TechnologyRule 506(b)
▶$6.3MraisedJul 2024 · 6 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Vishaan ChakrabartiDirector
- Loren BurnettExecutive Officer, Director
- Josko BobanovicDirector
- Offering amount
- $7M
- Amount sold
- $6.3M
- First sale
- Jul 2024
- Incorporated
- Corporation, Colorado, 2022
- Federal exemptions
- 06b
▶$4.1MraisedApr 2022 · 7 investors · OtherRule 506(b)
▶$4.1MraisedApr 2022 · 7 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Josko BobanovicDirector
- Loren D BurnettExecutive Officer, Director
- Offering amount
- $8.1M
- Amount sold
- $4.1M
- First sale
- Mar 2022
- Incorporated
- Corporation, Colorado, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Prometheus Materials do?
- Prometheus Materials develops low-carbon cement and concrete technology, marketed as ProZERO, using algae-based biotechnology as a replacement for portland cement in ready-mix and construction applications. It serves ready-mix producers, developers, and data center builders in the construction industry, primarily in the United States.
- Who founded Prometheus Materials?
- Prometheus Materials was founded by Loren Burnett, Sherri Cook, Mija Hubler, Wil Srubar III in 2022.
- Who are Prometheus Materials's investors?
- Prometheus Materials's investors include Autodesk Foundation, Sofinnova Partners.
- How much funding has Prometheus Materials raised?
- Prometheus Materials has disclosed $18.4M raised across 3 rounds.
- Where is Prometheus Materials headquartered?
- Prometheus Materials is headquartered in Longmont, US.