Keronite
Financials
Estimates*
GBP | 2009 | 2010 | 2011 | 2012 |
---|---|---|---|---|
Revenues | <1m | 1.5m | 2.5m | 1.9m |
% growth | - | 73 % | 64 % | (23 %) |
Profit | (2.3m) | (1.7m) | (2.1m) | (2.9m) |
% profit margin | (269 %) | (116 %) | (86 %) | (152 %) |
Date | Investors | Amount | Round |
---|---|---|---|
£10.0m | Late VC | ||
N/A | Seed | ||
£2.0m | Early VC | ||
N/A | Grant | ||
N/A | Grant | ||
N/A | Grant | ||
N/A | Grant | ||
€50.0k | Grant | ||
N/A | £253k | Grant | |
£180k | Grant | ||
N/A | N/A | Grant | |
* | $35.0m Valuation: $35.0m | Acquisition | |
Total Funding | €15.0m |
Recent News about Keronite
EditKeronite is a pioneering company specializing in advanced surface coating technologies, primarily using Plasma Electrolytic Oxidation (PEO). This technology enhances the durability and performance of light alloys such as magnesium and aluminum. Keronite's coatings provide superior protection against corrosion, wear, and extreme environmental conditions, making them ideal for high-demand industries.
The company serves a diverse range of clients, including those in the automotive, aerospace, oil and gas, and industrial tooling sectors. These industries require materials that can withstand harsh conditions and maintain high performance, which is where Keronite's expertise becomes invaluable. For instance, in the automotive sector, especially with the rise of electric vehicles, Keronite's coatings help improve the longevity and safety of vehicle components.
Operating in the global market, Keronite's business model revolves around providing tailored surface coating solutions to its clients. The company generates revenue through service contracts, where they apply their proprietary PEO coatings to client-supplied components. Additionally, they offer consulting services to help clients optimize the use of these advanced coatings in their manufacturing processes.
Keronite's market position is strengthened by its continuous research and development efforts, which are showcased in their extensive blog resources. These resources provide valuable insights into the latest advancements in materials science and surface technologies, further establishing Keronite as a thought leader in the industry.
In summary, Keronite is a key player in the surface coating industry, offering advanced PEO technologies that enhance the performance and durability of light alloys. Their solutions cater to high-demand sectors, ensuring components can withstand extreme conditions while maintaining optimal performance.
Keywords: Surface Coatings, Plasma Electrolytic Oxidation, Light Alloys, Corrosion Protection, Wear Resistance, Automotive, Aerospace, Industrial Tooling, Oil and Gas, Advanced Materials.