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§ Private Profile · Boulder, CO, USA
Prometheus Materials is a technology company.
Prometheus Materials develops carbon-negative cement and concrete, centered on its ProZERO™ supplemental blend. This product directly replaces traditional cement in existing concrete mix designs. Its technology uses microalgae to capture atmospheric carbon, biomineralizing it into a limestone-like material. This process avoids high-emission cement production while permanently storing carbon within materials matching standard concrete performance.
Loren Burnett, President, CEO, and Co-founder, established Prometheus Materials with scientific co-founders from the University of Colorado Boulder, including Drs. Sherri Cook and Mija Hubler. Their insight stemmed from studying natural biomineralization, like seashell formation. This led to developing a scalable, sustainable material, addressing construction's significant carbon footprint.
Prometheus Materials supplies ProZERO™ to ready-mix companies and manufacturers of blocks and pavers. It is implemented in diverse projects, from public roadways to data centers. Their vision is to advance a net-zero carbon future, offering high-performance, carbon-negative alternatives that remove carbon without compromising quality.
Prometheus Materials has raised $14.3M across 2 funding rounds.
Prometheus Materials has raised $14.3M in total across 2 funding rounds.
Prometheus Materials has raised $14.3M across 2 funding rounds. Most recently, it raised $6.3M Debt in July 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 24, 2024 | $6.3M Debt Financing | — | — | Announced |
| Apr 1, 2022 | $8M Series A | Soffinova Partners | Catalio Capital, EQT Life Sciences, Illumina Ventures, Kurma Partners | Announced |
Prometheus Materials is a Colorado‑based materials technology company that makes a microalgae‑derived, carbon‑negative supplemental cement blend and bio‑concrete products (branded ProZERO™) intended to replace or substantially reduce Portland cement in masonry, precast and ready‑mix applications[7][6].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
If you’d like, I can: produce a one‑page investor brief, map Prometheus’ known strategic partners and investors, or summarize third‑party LCAs and ASTM progress with citations.
Prometheus Materials has raised $14.3M in total across 2 funding rounds.
Prometheus Materials's investors include Soffinova Partners, Catalio Capital, EQT Life Sciences, Illumina Ventures, Kurma Partners.