# Matereal

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

- Industry: Materials
- Headquarters: Denver, US
- Website: www.matereal.co/
- Total disclosed funding: $4.5M
- Latest round: Seed (Jul 25, 2024)
- Investors on record: 8

## About

Based in Colorado, US, and founded in 2020 by co-founders Jacqueline Ros Amable and Philip Pienkos, Matereal, Inc. develops biobased materials designed to reduce environmental impact across industries such as fashion and housing. In July 2024, Matereal, Inc. raised USD 4.5 million in seed funding led by investor Collaborative Fund with participation from other investors Better Ventures, Alante Capital, One Small Planet, Climate Capital Syndicate, Sandy Spring Climate Partners, Pachamama Ventures, and PDS Ventures. The seed funding values Matereal, Inc. at USD 12.45 million post-money.

The company’s primary product, Polaris, is a biobased alternative to polyurethane. It is formulated using renewable resources, including plant-based ingredients, recycled monomers, and captured carbon emissions. The material is designed for applications in the textile industry in coatings and customised through the Matereal AI platform to align with the specific supply chain and impact requirements of its partners.


The company will use the July 2024 funding to further improve its plastic replacement technology.

## Funding rounds

- Seed, Jul 25, 2024, $4.5M — Collaborative Fund, Better Ventures, Alante Capital, PDS Ventures, One Small Planet, Climate Capital, Sandy Spring Climate Partners, Pachamama Ventures

## Investors

- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Better Ventures — Seed
- Alante Capital (https://capitalatlas.ai/funds/alante-capital) — Seed
- PDS Ventures (https://capitalatlas.ai/funds/pds-ventures) — Seed
- One Small Planet — Seed
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Seed
- Sandy Spring Climate Partners — Seed
- Pachamama Ventures (https://capitalatlas.ai/funds/pachamama-ventures) — Seed