Vanagon Ventures announces that the team has invested as lead investor in Exomatter's pre-seed round. With support from Bayern Kapital, 212 Next, Zaka VC, Bloomhaus Ventures, and four super angel investors from Encourageventures, the total investment is €1.7 million. Startup.
Exomatter sets new standards in materials research through the use of artificial intelligence and quantum mechanical modeling. The company enables its customers to discover entirely new materials that are optimized in terms of their properties, cost, and sustainability. At the same time, technology the material development process and reduces associated costs and greenhouse gas emissions.
Susanne Fromm, who founded Vanagon Ventures together with Sandro Stark and Axel Roitzsch, explains:
"Exomatter addresses one of the biggest problems of our time: the search for new, more sustainable materials. With its AI-powered platform, the company offers a solution that enables targeted materials to be identified for specific applications in record time while minimizing the ecological footprint. This technology not only helps companies increase their innovative power but also prepares them for upcoming regulatory requirements, such as the EU Ecodesign Directive."
Exomatter is already successfully collaborating with several DAX-listed companies such as Airbus and Infineon, as well as other market leaders. The company already generates six-figure revenue and is on a growth path.
Exomatter founder Barbara Bachus comments on the completed financing round:
"We are very pleased that, after a close and trusting collaboration with our lead investor Vanagon, we were able to successfully close this financing round. With the support of our investors, we will further automate and scale the Exomatter platform and conduct a follow-on financing round next year, for which we are already in discussions."
