Fundz

Material Evolution reported raising $18.8 Million in an initial SEC Form D filing, from an offering of $18.8 Million

PRIVATEJun 20, 2023

Amount Raised

$18.8 Million

$18.8 Million sold, per SEC Form D (first sale May 18, 2023)

Round Type

Venture

TeessideManufacturingInformation Technology

Quick answer

Material Evolution raised $18.8 Million in a funding round, dated May 18, 2023. Material Evolution is based in Teesside, England, United Kingdom.

How much did Material Evolution raise?
Material Evolution raised $18.8 Million in a funding round on May 18, 2023.
What does Material Evolution do?
Material Evolution produces MevoCem, a high-performance, ultra-low carbon cement replacement - with an 85% reduction in emissions compared to traditional cement.
Where is Material Evolution based and how big is it?
Material Evolution is based in Teesside, England, United Kingdom. Fundz records about 28 employees.
Who are the decision-makers at Material Evolution?
Fundz holds 1 contact at Material Evolution. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Material Evolution that raised within 45 days of this round, from Fundz verified event records.

  • Newlight raised $271M on June 30, 2023.
  • Avaada Group raised an undisclosed amount (Funding Round) on June 30, 2023.
  • NEO Battery Materials raised an undisclosed amount (Funding Round) on June 30, 2023.
  • Heartwood Biomass raised $2.3M (Seed) on June 29, 2023.
  • Berlin Heals raised an undisclosed amount (Funding Round) on June 29, 2023.
  • IPG Photonics Corporation raised $1M (Seed) on June 29, 2023.

Who to call at Material Evolution, and when

A new round usually means Material Evolution is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Material Evolution raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Material Evolution, from your own LinkedIn network

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Company Information

Company

Material Evolution

Location

Teesside, England, United Kingdom

About

Material Evolution produces MevoCem, a high-performance, ultra-low carbon cement replacement - with an 85% reduction in emissions compared to traditional cement. Our Mevo A1 Production Facility in Wrexham, Wales, has a capacity of 120,000 tonnes of MevoCem per year, making us the UK's largest producer of ultra-low carbon cement.

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Related People

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Material Evolution raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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