Promethean Power Systems

Promethean Power Systems

Private
Somerville, MassachusettsFrontier & Industrial Techhttp://www.promethean-power.com

Last Round

Early Funding

Mar 1, 2022

Est. Valuation

$8M

Total Funding Raised

$3.38M

Company Overview

Promethean Power Systems is an electrical equipment company that designs and manufactures thermal energy storage-based refrigeration systems for commercial cold-storage applications in developing countries.

Sector

Frontier & Industrial Tech

Verticals

Energy Storage, Supply Chain, Freight & Transportation

Business Model

B2B

Customer Profile

Hardware Sales, Hardware + Subscription, Services & Consulting

AI Layer

Non-AI

Keywords

thermal batterycold-chain solutionsmilk chillingthermal energy storagedairy supply chaincooling-as-a-serviceCaaSagri-techagtechfood waste reductionoff-grid refrigerationclimate techsustainable coolingfood supply chainrapid milk chillerequipment monitoring

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Promethean Power Systems Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Promethean Power Systems Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Early FundingMar 1, 2022
Series BJan 21, 2020
Series AOct 4, 2019
GrantJul 11, 2016
SeedJan 29, 2013
Series A Extension
Mar 19, 2010

Promethean Power Systems Investors

Notable investors and investment history

InvestorRounds
Gray Ghost VenturesSeries A Extension
TotalEnergies VenturesSeries B
AcumenSeries B, Early Funding, Series A
21VenturesSeries A Extension
AsterSeries B
CBA CapitalSeries B
Gray Matters CapitalSeries B

Market signals

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  • Nov 30, 2025

    Added Keepmegoing, an electronics/manufacturing SMB, as a customer.

  • Nov 30, 2025

    Added Lactalis, a Food & Beverage company, as a customer.

Promethean Power Systems Filings

SEC and related filings with document metadata.

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Promethean Power Systems Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSomerville, Massachusetts
Year Founded2007
Last FundingMar 1, 2022

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