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Material Raises $7.1M Seed Round & $1.25M Air Force Contract
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Kira Colburn
Kira Colburn

For decades, battery manufacturing has stood still despite advances in battery chemistry.

SOSV portfolio company and HAX startup development program graduate Material has raised $7.1 million in Seed funding, co-led by Outlander VC and Harpoon Ventures, with participation from GoAhead Ventures, Myelin VC, Demos Capital and Giant Step Capital, to break this stagnation and usher in a new era of energy design.

MATERIAL’s proprietary HYBRID3D™ technology prints energy directly into a component of any shape and size, removing the barriers between design intent and manufacturing reality. This category-defining method produces batteries which adopt the shape of the object rather than forcing the object to accommodate a rigid, cylindrical or pouch cell. The platform unites multiple advanced additive and semiconductor manufacturing techniques to print energy into the very structure of a device.

Already demonstrating its value proposition, MATERIAL is currently partnering with the United States Air Force to execute a Phase II Small Business Innovation Research (SBIR) award for a $1.25 million project.

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