From AI Insider · James Dargan · · 1m 10s
Matter Machine Closes £4M Pre-Series A
Matter Machine secures £4m pre-Series A funding to scale AI materials discovery.
In brief
Matter Machine secures £4m pre-Series A funding to scale AI materials discovery. Matter Machine, a University of Liverpool spin-out, closed a £4m pre-Series A funding round to accelerate AI-powered materials discovery and appoints Gordon Sanghera as commercial lead. Originally reported by AI Insider.
Funding Round
Matter Machine, a University of Liverpool spin-out using AI to discover new materials, closed an oversubscribed £4 million pre-Series A round.
Investors
The round was led by IP Group and supported by Northern Gritstone, the University of Liverpool Enterprise Fund, Norrsken Evolve, LYVA Labs and the Northern Universities Venture Fund.
Funding Purpose
The company combines materials chemistry, automated experimentation and machine learning to accelerate identification and optimisation of novel inorganic crystalline materials.
Commercial Lead
Dr Gordon Sanghera CBE, co-founder and former CEO of Oxford Nanopore Technologies, joined to lead commercialisation.
Founder Statement
Founder Professor Matt Rosseinsky OBE FRS said combining materials science with AI could transform how new materials are found.
Investor Impact
IP Group CEO Greg Smith said the work could dramatically shorten development timelines across batteries, catalysts and advanced manufacturing.
The short version
Matter Machine, a University of Liverpool spin-out, closed a £4m pre-Series A funding round to accelerate AI-powered materials discovery and appoints Gordon Sanghera as commercial lead.
