What is Matereal?
Founded in 2023, Matereal operates at the intersection of green chemistry and industrial manufacturing. The company specializes in developing advanced plastic replacement technologies that replicate the versatility, durability, and cost-effectiveness of traditional polyurethane while eliminating the use of toxic isocyanates. By targeting the root causes of workplace-related respiratory issues and environmental degradation, Matereal is carving out a significant niche in the sustainable materials sector. Its proprietary chemistry offers a scalable solution for industries seeking to reduce their reliance on fossil-fuel-derived inputs without compromising on material performance or economic viability.
How much funding has Matereal raised?
Matereal has raised a total of $4.5M across 1 funding round:
Angel/Seed
$4.5M
Angel/Seed (2024): $4.5M with participation from Better Ventures, Alante Capital, and One Small Planet
Key Investors in Matereal
Better Ventures
A mission-driven venture capital firm that invests in early-stage startups leveraging science and technology to create a sustainable economy aligned with the UN Sustainable Development Goals.
Alante Capital
An early-stage venture fund focused on modernizing design-driven consumer industries through investments in climate tech, deep tech, and circular economy innovations.
One Small Planet
A specialized firm providing digital engagement, reputation management, and strategic communication services to support the growth of high-profile and mission-oriented organizations.
What's next for Matereal?
The recent infusion of capital will likely be deployed to scale production capabilities and expand the company's research and development footprint. As Matereal moves beyond its seed-stage origins, the focus will shift toward establishing strategic partnerships with major industrial manufacturers looking to integrate sustainable, circular-economy-compliant materials into their supply chains. By prioritizing the elimination of hazardous chemicals, the company is not only addressing regulatory pressures but also meeting the rising demand for ESG-compliant industrial solutions. Future growth will depend on the successful pilot testing of its materials in high-volume applications, potentially setting a new standard for safety and sustainability in the global polymer market.
See full Matereal company page