United States · Funded startup

Who invested in Promethean Power Systems

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Semiconductors

Funding summaryUpdated 26 Oct 2026

$1.1Mraised across 2 rounds since 2010, from 2 sources

$129KSeed$1.0MGrant
Latest round
Grant, $1.0MDec 2013
Step-upi
7.8×
Investors
3
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2010201120122013
$129KSeed$1.0MGrant
First round
Seed, $129K
Mar 2010
Biggest round
$1.0M
Grant · Dec 2013
Between rounds
3.8 years
from the last two

The rounds

  1. Dec 2013
    Grant$1.0M1 new
    • USAID

    From a historical funding record

  2. Mar 2010
    Seed$129K2 new

    From a historical funding recordSEC filing: $364K sold, first sale Mar 2010

Founders and team

From Promethean Power Systems's own website and the SEC filings it signed: 12 on the team.

  • Jiten GhelaniCEO
  • Arkajit MandalVP, Strategy
  • Dileep KateHead of
  • Prakash RathaHead of
  • Ram BhekeHead of Business
  • Jaydev GawasManager Accounts
  • Jofi JosephManaging Director
  • Mohan PatilSenior Manager Procurement
  • Ram KumarSenior Manager
  • Samuel WhiteExecutive Officer, Directori
  • Sorin GramaExecutive Officer, Directori
  • Ravi VeepuriTeam

On the board, as filediDavid Anthony

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Invested DevelopmentPrivate equity1round
USAIDno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Promethean Power Systems

Who invested in Promethean Power Systems?

Promethean Power Systems's investors include Invested Development, First Light Ventures and USAID.

How much has Promethean Power Systems raised?

Promethean Power Systems has raised $1.1M across 2 rounds since 2010.

When did Promethean Power Systems last raise?

Promethean Power Systems's most recent round was a Grant of $1.0M in Dec 2013.

What was Promethean Power Systems's biggest round?

Its most recent round, $1.0M in Dec 2013, is also its largest on record.

Who backed Promethean Power Systems first?

Promethean Power Systems's first round on record, in Mar 2010, was backed by Invested Development and First Light Ventures.

What stage is Promethean Power Systems at?

Promethean Power Systems's latest named round is a Grant, in Dec 2013.

Where is Promethean Power Systems based?

Promethean Power Systems is based in the United States.

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