# Atlas Materials

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/atlas-materials

- Industry: Energy Storage & Batteries
- Headquarters: US
- Website: www.atlasmaterials.com/
- Total disclosed funding: $27M
- Latest round: Series A (Apr 12, 2023)
- Investors on record: 2

## About

Founded in 2021 and based in Delaware, US, Negative Emissions Materials, Inc., doing business as Atlas Materials, operates as a manufacturing company that develops the Atlas Process. The company manufactures low-emission battery nickel. In April 2023, Atlas Materials raised USD 27.38 million in Series A funding from Grantham Environmental Trust and Voyager Ventures, with participation from other unspecified investors.

Negative Emissions Materials, Inc. offers the Atlas Process, which ensures the production of clean, ultra-low-emission battery nickel, addressing the growing demand for environmentally friendly alternatives. The company's commercial plant, Electra, serves as a testament to providing North American car manufacturers with a local source of clean nickel, essential for achieving carbon neutrality.

The company plans to use the Series A funding to support establishing and designing its North America-based plant.

## Funding rounds

- Series A, Apr 12, 2023, $27M — Voyager Ventures, Neglected Climate Opportunities

## Investors

- Voyager Ventures — Series A
- Neglected Climate Opportunities (https://capitalatlas.ai/funds/neglected-climate-opportunities) — Series A