ZAKA VC participates in a €1.7 million pre-seed funding round for ExoMatter, a transformative AI-driven materials research platform.
Target Information
ExoMatter is an innovative startup specializing in AI-driven materials research. Recently, it secured a €1.7 million pre-seed funding round, with significant participation from ZAKA VC and other notable investors, including Vanagon VC, BayernKapital, 212 NexT, and Bloomhaus Ventures, along with support from several influential female angel investors from Encouragement Ventures. The company's advanced Materials R&D platform aids researchers and developers in identifying optimal materials for various applications by utilizing an extensive database of scientific materials data enhanced through artificial intelligence.
ExoMatter's platform provides crucial insights into an array of physical, chemical, and engineering properties, as well as sustainability metrics and cost indicators. This innovative approach allows companies to significantly reduce material development costs by 90% and lower CO2 emissions by up to 80%. By leveraging AI and quantum chemical modeling, ExoMatter is transforming the landscape of materials research and development.
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Industry Overview in Germany
The German materials science industry is a critical sector, showcasing advanced technologies that drive innovation and sustainability. With a rich industrial heritage and a strong focus on research and development, Germany has established it
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ZAKA VC
invested in
ExoMatter
in 2023
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $2M