Matter Machine raises £4 million pre-Series A
IP Group leads financing for the Liverpool materials discovery spinout.
Matter Machine closed a £4 million pre-Series A announced on October 12. IP Group led, with Northern Gritstone, University of Liverpool Enterprise Fund, Norrsken Evolve, LYVA Labs and Parkwalk’s Northern Universities Venture Fund participating.
Proceeds will expand technical and commercial teams, develop the discovery platform and support commercial partnerships. Gordon Sanghera joins to lead commercialization strategy.
The University of Liverpool spinout combines AI predictions with experimental chemistry to discover inorganic crystalline materials. Its work targets applications including batteries, catalysts and advanced manufacturing.
Use of funds
Expand technical and commercial team
Develop AI-driven materials discovery platform
Build commercial partnerships