# P2i

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/p2i

- Industry: Materials
- Headquarters: Abingdon, UK
- Website: www.p2i.com
- Total disclosed funding: $31M
- Latest round: Series A (Mar 4, 2011)
- Investors on record: 5

## About

P2i Limited, based in the UK, specializes in nanotechnology that enhances electronic devices and materials through ultra-thin plasma coatings, providing effective hydrophobic and barrier protection.P2i Limited, founded in 2004 and headquartered in Abingdon, UK, focuses on advanced surface coating technologies. The company has completed 10 deals, with its most recent funding round being Venture Debt, where it raised GBP 15 million from HSBC Bank on November 28, 2022. The total amount raised by P2i is GBP 8 million. The company was established by individuals with a background in technology and innovation, although specific founders' names are not detailed.P2i specializes in ultra-thin plasma conformal coatings that provide advanced protection for electronic devices and materials. Their core offerings include hydrophobic and barrier coatings that operate at the molecular level, delivering effective liquid protection. These coatings enhance product longevity and reusability, addressing issues related to liquid damage and corrosion. P2i's technology achieves various Ingress Protection (IP) ratings, suitable for applications in consumer electronics, medical devices, and materials sciences. Their clientele includes manufacturers across Europe, Asia, and North America, who utilize P2i’s solutions for sustainable practices and durability.In the most recent financial year of 2023, P2i generated revenue of GBP 29,696,324.10 with an EBITDA of GBP 1,580,062.60. The company primarily operates through B2B transactions, establishing long-term partnerships with clients to offer tailored surface coating solutions, particularly in the electronics sector.Following the recent Venture Debt funding, P2i plans to expand its international operations, leveraging the GBP 15 million raised from HSBC Bank to support this growth strategy. The company aims to introduce new products designed for specific market needs and enhance its presence in targeted geographic regions. P2i's focus will be on strengthening its market position by developing innovative coating solutions that cater to the evolving demands of its clients.

## Funding rounds

- Series A, Mar 4, 2011, $17M — Swarraton Partners, Naxos Capital Partners (Luxembourg), Porton Capital
- Series A, May 25, 2010, $7.9M — Unilever Ventures, Future Planet Capital Regional, Swarraton Partners, Naxos Capital Partners (Luxembourg), Porton Capital
- Series A, Jul 10, 2009, $6.7M — Unilever Ventures, Swarraton Partners, Naxos Capital Partners (Luxembourg)

## Investors

- Unilever Ventures (https://capitalatlas.ai/funds/unilever-ventures) — Series A
- Swarraton Partners (https://capitalatlas.ai/funds/swarraton-partners) — Series A
- Naxos Capital Partners (Luxembourg) (https://capitalatlas.ai/funds/naxos-capital-partners-luxembourg) — Series A
- Future Planet Capital Regional (https://capitalatlas.ai/funds/future-planet-capital-regional) — Series A
- Porton Capital — Series A