Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > OMBU Group Invests in P2i as the Company Raises £12 Million to Accelerate its Growth in Consumer Electronics & Lifestyle Products

Abstract:
Ombu Group has invested £6 million into P2i Ltd, the world leader in liquid repellent nano-coating technology, as part of a £12 million funding round that will support P2i's accelerating commercialization and international growth.

OMBU Group Invests in P2i as the Company Raises £12 Million to Accelerate its Growth in Consumer Electronics & Lifestyle Products

London, UK | Posted on April 25th, 2012

P2i was established in 2004 to commercialize liquid repellent treatments developed by the Ministry of Defence. Its revolutionary technology helps customers protect and improve a wide and growing range of products including sensitive electronic devices, such as mobile phones, MP3 players and hearing aids, which can suffer irreparable damage when exposed to moisture, water and oil. P2i is also active in the Lifestyle, Life Sciences, Filtration & Energy, and Military & Institutional sectors enhancing an assortment of products including footwear such as hiking, running and golf shoes, through to laboratory consumables such as pipette tips. This funding round comes as the company accelerates its growth in the Electronics and Lifestyle markets.

Stephen Brooke, the Chief Executive Officer of Ombu Group, said: "At Ombu, we back fast-growing UK companies with world-class technology that need capital and management support to enable them to scale rapidly and effectively. P2i is a perfect fit for us. It has amazing technology, is experiencing rapid growth and is led by an outstanding management team that we believe has the capacity to turn P2i into a major UK advanced technology business.'

Carl Francis, P2i's Chief Executive, commented: "This substantial new investment is a clear endorsement of our leading position in liquid repellent nano-coating technology. Our business is currently expanding rapidly and is being driven by two core markets, Electronics and Lifestyle through both ‘new customer adoption' and ‘existing customer volume increases'. Across all our markets we are implementing our game changing technology into the productions lines of the world's leading industrial, scientific and consumer brand players. The growth in new customers in the past year has been staggering."

The new money will be invested in four main areas: operational infrastructure and facilities, including further development of the company's Asia operation; marketing and sales capacity; capital equipment; and R&D.

####

About Ombu Group
Ombu Group partners with outstanding business leaders to help them build world-class, advanced technology businesses. Ombu provides capital and management support to fast-growing companies in the fields of industrial technology, energy technology and water technology.

About P2i

P2i is the world leader in liquid repellent nano-coating technology. It was established in 2004 to commercialize liquid-repellent treatments developed by the UK’s Ministry of Defence. Now on a commercial scale, P2i’s patented process has been successfully applied to a wide range of products in a wide range of markets including Lifestyle, Electronics, Life sciences, Military & Institutional and Filtration & Energy.

In consumer sectors, the presence of P2i’s technology is indicated either by ion-mask™, its brand for Lifestyle, footwear and accessories, or Aridion™, its brand for Electronics.

For more information, please click here

Contacts:
Romina Korosy

+44 (0)20 7752 0863

Copyright © Ombu Group

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

A 'movie' of ultrafast rotating molecules at a hundred billion per second: A quantum wave-like nature was successfully observed in rotating nitrogen molecules July 4th, 2015

New Biosensor Produced in Iran to Detect Effective Drugs in Cancer Treatment July 4th, 2015

Clues to inner atomic life from subtle light-emission shifts: Hyperfine structure of light absorption by short-lived cadmium atom isotopes reveals characteristics of the nucleus that matter for high precision detection methods July 3rd, 2015

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Harris & Harris Group Portfolio Company, AgBiome, Announces Partnership to Accelerate the Discovery of Next Generation Insect-Resistant Crops July 1st, 2015

Chivalrous Knight Does Pro Bono June 27th, 2015

Exagan Raises €5.7 Million to Produce High-efficiency GaN-on-Silicon Power-switching Devices on 200mm Wafers: Leti-and-Soitec Spinout Focused on Becoming Leading European Source Of GaN Devices for Solar, Automotive, Telecoms and Infrastructure June 25th, 2015

Harris & Harris Group Portfolio Company D-Wave Systems Announces 1,000 Qubit Processor and is Discussed in the Economist June 23rd, 2015

Investments/IPO's/Splits

Harris & Harris Group Portfolio Company, AgBiome, Announces Partnership to Accelerate the Discovery of Next Generation Insect-Resistant Crops July 1st, 2015

Nanometrics to Participate in 7th Annual CEO Investor Summit 2015: Investor Event Held Concurrently With SEMICON West in San Francisco June 25th, 2015

Harris & Harris Group Portfolio Company D-Wave Systems Announces 1,000 Qubit Processor and is Discussed in the Economist June 23rd, 2015

Nanowire LED Innovator Aledia Completes $31 Million Series B Financing June 18th, 2015

Materials/Metamaterials

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

New technology using silver may hold key to electronics advances July 2nd, 2015

NIST Group Maps Distribution of Carbon Nanotubes in Composite Materials July 2nd, 2015

Proposed TSCA Nanomaterial Rule ‘Premature’, Says Former EPA Toxicologist July 1st, 2015

Announcements

A 'movie' of ultrafast rotating molecules at a hundred billion per second: A quantum wave-like nature was successfully observed in rotating nitrogen molecules July 4th, 2015

New Biosensor Produced in Iran to Detect Effective Drugs in Cancer Treatment July 4th, 2015

Clues to inner atomic life from subtle light-emission shifts: Hyperfine structure of light absorption by short-lived cadmium atom isotopes reveals characteristics of the nucleus that matter for high precision detection methods July 3rd, 2015

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project