Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International



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

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024

Shedding light on perovskite hydrides using a new deposition technique: Researchers develop a methodology to grow single-crystal perovskite hydrides, enabling accurate hydride conductivity measurements May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

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

Graphene Flagship start-up Bedimensional closes a second €10 million investment round February 10th, 2023

180 Degree Capital Corp. Reports +14.2% Growth in Q1 2021, $10.60 Net Asset Value Per Share as of March 31, 2021, and Developments From Q2 2021 May 11th, 2021

180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021

180 Degree Capital Corp. Reports +6.7% Growth in Q4 2020, $9.28 Net Asset Value per Share as of December 31, 2020, and Developments from Q1 2021 Including Expected Investment in a Planned SPAC Sponsor February 22nd, 2021

Investments/IPO's/Splits

Daikin Industries becomes OCSiAl shareholder July 27th, 2021

180 Degree Capital Corp. Reports +14.2% Growth in Q1 2021, $10.60 Net Asset Value Per Share as of March 31, 2021, and Developments From Q2 2021 May 11th, 2021

INBRAIN Neuroelectronics raises over €14M to develop smart graphene-based neural implants for personalised therapies in brain disorders March 26th, 2021

180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021

Materials/Metamaterials/Magnetoresistance

How surface roughness influences the adhesion of soft materials: Research team discovers universal mechanism that leads to adhesion hysteresis in soft materials March 8th, 2024

Nanoscale CL thermometry with lanthanide-doped heavy-metal oxide in TEM March 8th, 2024

Focused ion beam technology: A single tool for a wide range of applications January 12th, 2024

Catalytic combo converts CO2 to solid carbon nanofibers: Tandem electrocatalytic-thermocatalytic conversion could help offset emissions of potent greenhouse gas by locking carbon away in a useful material January 12th, 2024

Announcements

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024

Finding quantum order in chaos May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

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




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project