# Materra

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

- Industry: Agribusiness
- Headquarters: London, UK
- Website: www.materra.tech
- Total disclosed funding: $5.2M
- Latest round: Seed (Feb 2, 2022)
- Investors on record: 6

## About

Based in London, UK, and founded in 2019 by CEO Edward Brial, CSO Edward Hill, and CTO John Bertolaso, Materra Limited is a planet-centric technology company that develops farm and intelligence systems to grow more sustainable cotton at scale. In June 2022, Materra Limited raised USD 4.5 million in seed funding co-led by H&M CO: LAB and Bestseller’s Invest Fwd with partnership from Fashion for Good and Perivoli Innovations and Apex Black.

The company provides human-centered technologies for cotton farming to help farmers grow their cotton crops sustainably and reliably. Materra also owns and operates farms where it grows cotton as well as develops and tests its technologies.

Materra plans to use its proceeds from July 2022 funding to build new partnerships for scaling its product development to meet the demand within the coming 24 months and expand its team.

## Funding rounds

- Seed, Feb 2, 2022, $4.7M — Bestseller, Perivoli Innovations, H&M Group Ventures, Fashion for Good, Apex Black
- Seed, Oct 12, 2020, $0.5M — Apex Black, London Fashion Fund

## Investors

- Apex Black (https://capitalatlas.ai/funds/apex-black) — Seed
- London Fashion Fund (https://capitalatlas.ai/funds/london-fashion-fund) — Seed
- Bestseller — Seed
- Perivoli Innovations (https://capitalatlas.ai/funds/perivoli-innovations) — Seed
- H&M Group Ventures — Seed
- Fashion for Good — Seed