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Material Evolution
AddedFeb 15, 2024
UpdatedJul 4, 2026
Material Evolution

Material Evolution

Series A

Material Evolution: AI/ML-driven, low-energy solutions for cement industry decarbonization.

HQ
Dover, DE, US
Founded
2017
Accelerator
Techstars logoTechstars: The Heritage Group2020
Overview
Compare
Fundraising
Employees
News
Website

Material Evolution was founded with the mission to decarbonize the cement industry through innovative technology. The company leverages artificial intelligence and machine learning to develop a low-capex, low-energy manufacturing process, significantly reducing the carbon footprint of cement production. Their core vision is to revolutionize the construction materials market by making sustainable practices both accessible and economically viable.

Notable figures affiliated with Material Evolution include experts in AI, machine learning, and sustainable manufacturing. The company has attracted significant interest from investors focused on green technology and sustainability. Key achievements include the successful development of their AI-driven manufacturing process and plans to launch their product in 2024. Material Evolution's impact lies in its potential to transform the cement industry, contributing to global efforts in reducing industrial carbon emissions.

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Material Evolution - Quick Facts

Who are Material Evolution's competitors?

Companies similar to Material Evolution include ConcreteAI, Aicrete, Furno Materials and Terra CO2 Technology.

When was Material Evolution founded?

Material Evolution was founded in 2017.

Where is Material Evolution's headquarters located?

Material Evolution's headquarters is located in Dover, DE, US.

When was Material Evolution's last funding round?

Material Evolution's most recent funding round was for $15M (USD) in June 2023.

How much has Material Evolution raised to-date?

As of Jun 29, 2023, Material Evolution has raised a total of $15M (USD).

How many employees does Material Evolution have?

Material Evolution has 11 employees as of Feb 5, 2024.

Material Evolution - Classification

Ownership
  • Venture Capital
Technology
  • AI
  • Machine Learning
Geographic Exposure
  • Global
Model
  • Manufacturing
Revenue
  • Recurring
Customer
  • Enterprise
Main Product
  • Cement Production
Tags
  • Cleantech
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
Show 5 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7372Prepackaged Software