Material Impact
Consultancy : Company : Venture Capital
We’re a more human VC helping solve big human problems. Materials are behind all ideas that matter.The future of earth and humankind depends on material science and deep tech innovations.
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Gen Phoenix partners with Material Impact, Dr. Martens, InMotion Ventures, and Tapestry to scale sustainable next-gen material innovation
Gen Phoenix, the leading producer of sustainable recycled leather at scale, is announcing $18M in funding to further the company’s mission to create premium and eco-conscious next-gen materials. The investment was led by venture capital firm Material Impact, with participation from Dr. Martens, InMotion Ventures, the investment arm of Jaguar Land Rover, and Tapestry, the house of modern luxury lifestyle brands that include Coach, Stuart Weitzman and Kate Spade. The funding round also includes existing investors ETF Partners and the Hermes GPE Environmental Innovation Fund, who continue to support the company’s growth plans.
⚗️🧠 Mattiq Launches With Revolutionary Approach to Developing Sustainable Materials
Mattiq, the developer of a revolutionary approach to sustainably produce chemicals and fuels poised to transform industries from energy to consumer products, today announced its launch alongside securing $15 million in seed funding, led by Boston-based venture capital firm Material Impact. Formerly known as Stoicheia, Mattiq also announced it has hired veteran Silicon Valley executive and entrepreneur Jeff Erhardt as Chief Executive Officer.
By synthesizing and evaluating millions of potential combinations in parallel, Mattiq’s integrated technology platform streamlines the historically fragmented development of novel materials powering a variety of products and solutions. At the same time, this work generates unprecedented amounts of high quality data that is enabling Mattiq to build the world’s most powerful materials AI.