# Matter Intelligence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/matter-intelligence

- Industry: Aerospace
- Headquarters: Los Angeles, US
- Website: www.matter.com/
- Total disclosed funding: $12M
- Latest round: Seed (Oct 30, 2024)
- Investors on record: 5

## About

Founded in 2023 and based in California, US, Matter Intelligence Inc. specializes in advanced sensor technology. Vishnu Sridhar (CEO) and Nathan Stein (CTO) are the co-founders of the company. In October 2024, Matter Intelligence raised USD 12 million in seed funding led by Lowercarbon Capital, including E2MC Ventures, Mark Cuban Companies, Pear VC, and Toyota Ventures.

Matter specializes in advanced sensor technology that captures data beyond the visible spectrum. Its core products include extreme-resolution hyperspectral sensors, thermal imaging sensors, and digital elevation models. These tools are essential for collecting unprecedented data on natural and artificial materials, aiding in the analysis of composition, temperature variations, and spatial relationships. Matter serves a global client base across North America, Europe, and Asia, addressing needs in environmental monitoring, agricultural optimization, and national security applications.

Matter’s revenue model focuses on B2B transactions, building partnerships with enterprises that require sensor technology. Long-term contracts are typical, involving subscriptions for continuous data analysis and sensor maintenance services.

The organization plans to use the October 2024 funding to build and develop its sensor suite, expand its business, and strengthen customer relationships.

## Funding rounds

- Seed, Oct 30, 2024, $12M — Pear VC, Mark Cuban Companies, Toyota Ventures, Lowercarbon Capital, E2MC

## Investors

- Pear VC (https://capitalatlas.ai/funds/pear-vc) — Seed
- Mark Cuban Companies — Seed
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Seed
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Seed
- E2MC (https://capitalatlas.ai/funds/e2mc) — Seed