# Chemix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chemix

- Industry: Semiconductors
- Headquarters: Sunnyvale, US
- Website: www.chemix.ai
- Total disclosed funding: $31M
- Latest round: Series A (Apr 24, 2024)
- Investors on record: 8

## About

Based in California, US, and founded in 2021 by Kaixiang Lin (CEO), and Jason Koeller, Chemix, Inc. operates as a semiconductor manufacturing company that uses artificial intelligence to speed up the development of advanced materials and energy solutions. In May 2023, Chemix raised USD 10 million in seed funding from Mayfield Fund, Ibex Investors, and Radical Ventures.

Chemix, Inc. operates as an AI platform that specializes in providing customized high-performance batteries for different segments of the electric vehicle market, such as e-motorcycles, sports cars, and premium long-range EVs, using sustainable chemistries with minimal cobalt and no nickel elements. The firm's purpose-built AI-based battery design platform, MIX, along with extensive in-house data, accelerates the battery development process by 5-10x and enables a range of potential battery chemistries.

## Funding rounds

- Series A, Apr 24, 2024, $20M — Mayfield Fund, Ibex Investors, Urban Innovation Fund, Porsche Ventures, Berkeley SkyDeck Fund, BNP Paribas Solar Impulse Venture Fund, KDDI Open Innovation Fund III
- Seed, Jun 5, 2022, $11M — Mayfield Fund, Ibex Investors, Radical Ventures

## Investors

- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Seed, Series A
- Ibex Investors (https://capitalatlas.ai/funds/ibex-investors) — Seed, Series A
- Radical Ventures (https://capitalatlas.ai/funds/radical-ventures) — Seed
- Urban Innovation Fund (https://capitalatlas.ai/funds/urban-innovation-fund) — Series A
- Porsche Ventures (https://capitalatlas.ai/funds/porsche-ventures) — Series A
- Berkeley SkyDeck Fund (https://capitalatlas.ai/funds/berkeley-skydeck-fund) — Series A
- BNP Paribas Solar Impulse Venture Fund — Series A
- KDDI Open Innovation Fund III — Series A