2 years ago

Materials Nexus Secures £2 Million Seed Funding to Revolutionize Materials Discovery

  • Cambridge-based AI and quantum mechanics spinout Materials Nexus has raised £2 million in a seed round led by Ada Ventures

  • The startup leverages datasets and machine learning tools to predict the performance of new material compositions, aiming to reduce R&D costs in materials science

  • The funding will be used to partner with companies to discover and patent new materials.

    • ProblemTechnology

      "Developing new materials for critical technologies like clean energy and electronics requires extensive and expensive physical experimentation."

      Solution

      "Materials Nexus offers AI and quantum mechanics-powered tools to predict the performance of new material compositions, reducing the need for physical experiments and accelerating the development of advanced materials."

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