Materials Nexus Raises £2 Million Seed To Discover Clean Climate Material
07/26/23, 8:04 AM
Location
Money raised
£2 million
Industry
renewable energy
energy
manufacturing
Round Type
seed
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 Info
Location
london, england, united kingdom
Additional Info
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.