# Boston Materials

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

- Industry: Materials
- Headquarters: US
- Website: www.bomaterials.com
- Total disclosed funding: $51M
- Latest round: Series A (Dec 1, 2025)
- Investors on record: 13

## About

Based in the US, Boston Materials, Inc. specializes in advanced energy transfer materials, enhancing the performance and reliability of high-tech industries, particularly in aerospace, automotive, and energy sectors.Boston Materials, Inc. is a company focused on developing energy transfer materials. Founded in 2016 in the US and in December 2025, Boston Materials, Inc. raised an undisclosed amount in?venture funding ?from returning investor Diamond Edge Ventures. The company was co-founded by Anvesh Gurijala, who also serves as the CEO, alongside Michael Segal and Randall Erb.

Boston Materials specializes in advanced energy transfer materials designed to enhance the performance and reliability of high-tech industries. Their core products include Thermal Interface Materials for advanced semiconductors, Composite Materials for lightweight vehicles, and Fuel Cell Bipolar Plates aimed at improving hydrogen fuel cells for heavy-duty vehicles. These products serve clients across sectors such as aerospace, automotive, and energy, particularly in North America and Europe. The company operates from an ISO9001-certified facility located in Billerica, MA, with plans to expand production capacity significantly by 2030.Boston Materials operates a structured B2B revenue model focused on direct sales of its specialized materials, including the Boston Materials Z-Axis Fiber™. The pricing structure accommodates various client needs, supporting transactions typically initiated through contracts that ensure bulk supply commitments, fostering long-term partnerships that stabilize revenue streams. The company's anticipated production capacity increase by 2030 positions it to meet the rising demand from high-growth industries.

The company plans to use the December 2025 funding to expedite the advancement of TIM and enhance customer development as well as application development, especially within the Asian market.

## Funding rounds

- Series A, Dec 1, 2025, $20M — Diamond Edge Ventures
- Series A, Sep 13, 2024, $6.7M — WOORI Venture Partners, Collaborative Fund, Valo Ventures, Diamond Edge Ventures, Gatemore Ventures, AccelR8
- Series A, Nov 3, 2022, $12M — Gatemore Capital Management, Good Growth Capital, Valo Ventures, AccelR8, ACVC Partners, GC Ventures, GS Group
- Series A, May 7, 2021, $11M — Clean Energy Ventures, Valo Ventures, AccelR8
- Seed, May 11, 2020, $0.6M — Clean Energy Ventures
- Seed, Mar 19, 2019, $1.8M — SABIC Ventures, Clean Energy Ventures

## Investors

- SABIC Ventures (https://capitalatlas.ai/funds/sabic-ventures) — Seed
- Clean Energy Ventures (https://capitalatlas.ai/funds/clean-energy-ventures) — Seed, Series A
- Valo Ventures (https://capitalatlas.ai/funds/valo-ventures) — Series A
- AccelR8 (https://capitalatlas.ai/funds/accelr8) — Series A
- Gatemore Capital Management — Series A
- Good Growth Capital (https://capitalatlas.ai/funds/good-growth-capital) — Series A
- ACVC Partners (https://capitalatlas.ai/funds/acvc-partners) — Series A
- GC Ventures — Series A
- GS Group — Series A
- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series A
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series A
- Diamond Edge Ventures (https://capitalatlas.ai/funds/diamond-edge-ventures) — Series A
- Gatemore Ventures (https://capitalatlas.ai/funds/gatemore-ventures) — Series A