Materials Nexus raises €2.3M Seed round

26 July 2023· London, United Kingdom· manufacturing, materials, ai, b2b, pure_software

The funding will be used to launch its AI and quantum mechanics technology for materials discovery, scale its commercial and scientific operations, and conduct real-world projects to demonstrate the efficacy of its platform, such as the MagNex rare-earth-free magnet.

Investors

LeadAda Ventures
Also participating
High-Tech GründerfondsUniversity of CambridgeMD One VenturesMichael EisenbergGenuine Capital VenturesJasmin ThomasAndrew MacKayHugh Smith

About Materials Nexus

Stage
Bridge
Headquarters
London, United Kingdom
Founded
2020
Team Size
6–20
Sectors
manufacturingmaterialsaib2bpure_software

Source: https://techcrunch.com/2023/07/26/materials-nexus-raises-2-million-seed-to-discover-clean-climate-material/