🚀 We’re delighted to have led an oversubscribed £4m funding round for Matter Machine, an AI-driven materials discovery company spun out of
@LivUni.
The funding will help accelerate the commercial development of its AI-powered platform, designed to dramatically speed up the discovery and optimisation of novel materials.
🤝We're pleased to be investing alongside Northern Gritstone, the University of Liverpool Enterprise Fund, Norrsken Evolve and LYVA Labs, as well as the Northern Universities Venture Fund managed by
@Parkwalk_VC, our EIS fund management business. It's a strong syndicate backing a company with the potential to transform how new materials are discovered and developed.
🌟We’re also delighted to see Dr Gordon Sanghera CBE, co-founder and former CEO of
@nanopore, joining Matter Machine to lead its commercial strategy. Having previously worked with Gordon throughout the growth of Oxford Nanopore, we know the experience and ambition he brings to building globally significant deeptech businesses.
👏Congratulations to the team. We look forward to supporting Matter Machine as it accelerates its growth and realises the potential of AI-powered materials discovery.
🌍Matter Machine exemplifies the kind of ambitious, science-led company IP Group was established to support: combining world-class research, exceptional entrepreneurial talent and the potential to create meaningful impact across industries.
Read more in the comments below 👇
#DeepTech #ArtificialIntelligence #MaterialsScience #Innovation #Spinouts #UniversityInnovation #VentureCapital #AI #IPGroup hashtag#InvestingInScience