Dunia secures an $11.5 million investment to advance its AI-driven materials discovery platform, revolutionizing catalyst R&D in the chemical industry.

Information on the Target

Dunia is an innovative materials discovery platform that aims to transform the chemical research and development (R&D) landscape by integrating artificial intelligence (AI) and robotic automation. Founded by Ahmed Ismail (COO), Alex Hammer (CEO), and Marcus Tze-Kiat (CTO), the company's vision is to facilitate the transition to a greener chemical industry by developing new catalysts essential for the energy transition. Dunia seeks to create a closed-loop system that can autonomously design, make, test, and analyze catalysts, effectively addressing the pressing challenges faced by the chemical sector in achieving decarbonization.

The Dunia platform not only facilitates faster and more efficient access to critical catalysts but also strives to produce high-quality data essential for improving machine learning models. By focusing on the development of novel catalysts, Dunia positions itself as a key player in driving sustainable chemical processes, contradicting the incumbent reliance on outdated methods that hinder innovation.

Industry Overview in the Target’s Specific Country

The chemical industry, particularly in the context of the global energy transition, faces substantial challenges and opportunities. With catalysts driving 90% of current chemical processes, the sector is at a critical juncture as it seeks to meet the ambitious climate