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Material Evolution

Material Evolution

Private
MiddlesbroughEnergy & Sustainabilityhttps://www.materialevolution.com/

Last Round

Debt

Jun 20, 2025

Total Funding Raised

$31.69M

Company Overview

Material Evolution is a manufacturing and clean technology company that produces an ultra-low carbon cement alternative made from industrial waste.

Sector

Energy & Sustainability

Verticals

Sustainable Materials, Advanced Materials, Construction Tech, Clean Manufacturing

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Application

Keywords

low-carbon cementgreen cementcementitious bindersustainable constructiondecarbonizationconstruction techembodied carbonclean manufacturingadvanced materialsalkali fusionmaterials discoveryclimate techindustrial decarbonizationsustainable building materials

Historical Pricing

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Caplight Momentum Score

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Material Evolution Comparables

Compare Material Evolution with similar companies based on industry and business-model similarity.

Material Evolution comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
CemVision
87%
Ecocem
85%
Terra CO2 Technologies
83%

Material Evolution Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtJun 20, 2025
Series AJun 29, 2023
GrantDec 16, 2022
GrantNov 22, 2021
SeedNov 22, 2021
Accelerator
Sep 7, 2020

Key People

Founding team and executive leadership

Elizabeth Gilligan

Chief Executive Officer

Executive Team

Material Evolution Investors

Notable investors and investment history

Material Evolution investors
InvestorRounds
Innovate UKGrant
HG VenturesAccelerator, Series A
Playfair CapitalSeries A, Seed
TechstarsAccelerator
The Heritage GroupSeed, Accelerator
CircleRock CapitalSeries A
SkyRiver VenturesSeed, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 26, 2026

    Launched an ultra-low-carbon cement that cuts emissions by up to 85%.

  • Dec 2, 2025

    Attended the 2025 Unlock Net Zero Awards and was shortlisted for an award.

Material Evolution Filings

SEC and related filings with document metadata.

Data table
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Material Evolution Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Material Evolution's valuation, stock price, and market status.

Firmographic Details

HeadquartersMiddlesbrough
Employee Range24
Year Founded2020
Last FundingJun 20, 2025

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