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Material Evolution
company
About
Creating a revolution in how we build, live in and grow our environments.
- Teesside County Borough,Middlesbrough,United Kingdom
- 1 - 10
- https://www.materialevolution.com/
Details
- Last Funding Type
- Pre-seed
- Last Funding Money Raised
- $120K
- Industries
- Construction,GreenTech,Manufacturing,Sustainability
- Founded date
- Jan 1, 2017
- Number Of Employee
- 1 - 10
- Operating Status
- Active
- Legal Name
- Material. Evolution Ltd
- Also Known As
- MEVO
Material Evolution uses patented geopolymer technology and proprietary algorithms to create the most sustainable materials on the planet.Material Evolution’s first product is a cement mix made from 95% waste using its algorithm technology. Its smart concrete mix is 10X stronger, 5X more durable, and reduces carbon consumption by 85%. Most importantly, it’s economically viable for construction companies.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$3.52M
Material Evolution has raised a total of
$3.52M
in funding over 2 rounds. Their latest funding was raised on
Nov 11, 2021 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 11, 2021 | Seed | $3.40M | — | — | — | Detail |
| Sep 8, 2020 | Pre-seed | $120K | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
1
Material Evolution is funded by 1 investors.
Techstars
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Techstars
|
— | Pre-seed |
Employee Profiles
Number of Employee Profiles
3
Material Evolution has 3 current employee profiles, including
Executive Kieran Gilligan
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