Fundraising Fox

Prometheus Materials

Longmont, US · Founded 2022 · Colorado corporation · 14 employees on LinkedIn · 2 known investors

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.

LBLoren Burnett
Loren BurnettinPresident, 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.
SCSherri Cook
Sherri CookinAdvisor 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.
MHMija Hubler
Mija HublerinEngineering Advisor and Co-founder
WSWil Srubar III
Wil Srubar IIIinTechnology 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.
JGJaclyn Gruber
Jaclyn GruberinChief Marketing Officer

Board

JB
Josko BobanovicBoard director
VCVishaan Chakrabarti
Vishaan ChakrabartiinBoard director

Investors · 2

Funding

SEC filings, press & company announcements

$10.4M disclosed across 2 of 3 rounds · 2022–2026

$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗

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

Competitors · 4

by search overlap

Companies competing with Prometheus Materials for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

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 $10.4M raised across 2 of its 3 known rounds.
Where is Prometheus Materials headquartered?
Prometheus Materials is headquartered in Longmont, US.