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Materials Nexus Raises £2 Million Seed To Discover Clean Climate Material

Jul 26, 2023over 2 years ago

Amount Raised

£2 Million

Round Type

seed

LondonRenewable EnergyEnergyManufacturing

Description

Materials Nexus, a deep tech AI and quantum mechanic company, announced Wednesday the close of a £2 million seed round led by Ada Ventures. The National Security Innovation Fund, The University of Cambridge, as well as angel investors Andrew MacKay and Jasmin Thomas also participated in the round.

Company Information

Company

Materials Nexus

Location

London, England, United Kingdom

About

Materials Nexus is a deep-tech start-up on a mission to discover new materials that significantly reduce the environment, economical and social cost of items critical to our lives. Our ground-breaking AI-enabled software transforms the way new materials are discovered and designed. Using rapid automated processes and advanced quantum calculations we work with partners to reduce global CO2e emissions and accelerate the discovery of next-gen materials from decades to months.

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