Series A

The composite industries have thrived towards sustainability by leveraging the materials strength vs weight to reduce emissions from trains, planes, boats and vehicles. But in the process they generated a large volume of landfill materials from their post industrial excess of technical fibers. in carbon fiber alone, the excess is estimated at 42 thousand metric tons per year. That is about 92.6 million lbs a year of lost resources and supplies at an estimated value > $1B per year.

Globally, more than one billion individuals suffer from neuropsychiatric and mental health disorders, leading to an increased demand for medical help. Approximately 77 million individuals in the U.S. are on antidepressants, anti-anxiety, antipsychotics, and mood stabilizers, and 30% to 60% are treatment-resistant to these drugs.

Petram's mission is to be the most energy efficient rock-breaking technology on Earth. It is our vison to reduce the world's carbon footprint by 1,000,000 tons per year.

Each year, over 51 million surgeries are performed in the United States, each requiring numerous instrument trays to ensure patient safety and surgical efficiency. However, the sterile processing industry is grappling with severe labor shortages, leading to critical errors that can compromise safety and cause significant financial strain. Mistakes in sterile processing contribute to an estimated $25 billion in operating room delays, $16 billion in reprocessing costs, and $3.3 billion in patient infections annually.