Mattiq is a technology company.
Mattiq has raised $15.0M across 1 funding round.
Mattiq has raised $15.0M in total across 1 funding round.
Mattiq has raised $15.0M in total across 1 funding round.
Mattiq's investors include 2150, Breakthrough Energy Ventures, VoLo Earth Ventures.
Mattiq is a Chicago-based technology company that develops an AI-powered platform for accelerating materials discovery, focusing on sustainable chemicals, fuels, and nanomaterials to decarbonize hard-to-abate industries like energy and manufacturing.[1][2][3][4][5] Spun out from Northwestern University, it generates billions of nanomaterials to train AI models, enabling rapid screening of millions of compounds for properties like cost-effective clean hydrogen production alternatives to scarce iridium, reducing R&D timelines from years to days.[2][3][5] The company serves industrial partners in chemicals, plastics, and fuels, solving the slow, unpredictable pace of traditional materials discovery amid net-zero goals, with early momentum from $15M seed funding in 2023 led by Material Impact and $20M pre-Series A, plus recognition as a Fast Company 2023 World Changing Ideas finalist.[1][4][5]
Mattiq was co-founded in 2020 by Northwestern University chemists Chad Mirkin, a renowned nanotechnology pioneer who has driven over 2,000 commercial products, and Andrey Ivankin.[4][5] Previously known as Stoicheia, the company emerged from Mirkin's lab innovation in the early 2000s: a chip-based method to synthesize and characterize millions of nanomaterials in an afternoon, inspired by high-throughput DNA analysis techniques from the 1990s.[5] This technology addressed the "materials bottleneck" in clean energy transitions, with early traction including rapid scanning of iridium alternatives for hydrogen production in just six weeks, shortlisting 100 candidates.[1][5] In 2023, Mattiq publicly launched with $15M seed funding, appointed Silicon Valley veteran Jeff Erhardt as CEO, and gained board support from Material Impact's Carmichael Roberts.[1][4]
Mattiq rides the AI-for-science wave, applying large-scale data generation to materials discovery—akin to ChatGPT for nanomaterials—amid surging demand for net-zero solutions in the $5T+ chemicals sector.[2][5] Timing aligns with global decarbonization pressures, clean hydrogen scale-up, and shortages of rare metals like iridium, where Mattiq's platform cuts discovery timelines dramatically.[1][3][5] Favorable market forces include policy incentives for sustainable fuels, biomass utilization, and AI's role in hard-to-abate industries, positioning Mattiq to alleviate supply chain vulnerabilities for energy giants.[3][4] By leading the "materials genome" race, it influences the ecosystem, empowering faster commercialization of electrochemical tech and setting standards for AI-accelerated R&D.[2][5]
Mattiq is poised to dominate AI nanomaterials with expanding datasets, targeting leadership in clean hydrogen catalysts and beyond.[5] Upcoming milestones include refining models for on-demand material suggestions, deeper industrial partnerships, and Series A scaling post-$35M+ raised.[1][4][5] Trends like AI hardware advances and net-zero mandates will fuel growth, evolving Mattiq from startup to indispensable platform in sustainable materials, much like its high-throughput origins disrupted prior eras—unlocking unprecedented paces for green chemistry breakthroughs.[2][5][6]
Mattiq has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Seed in February 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2023 | $15.0M Seed | 2150, Breakthrough Energy Ventures, VoLo Earth Ventures |