Material Evolution

Material Evolution
Developing ultra-low carbon cement using AI-driven alkali-fusion technology from industrial waste.
About
What does Material Evolution do?
Material Evolution provides ultra-low carbon cement solutions, primarily MevoCem, that significantly reduce CO2 emissions compared to Ordinary Portland Cement. Their proprietary Alkali Fusion® process transforms industrial waste into a high-performance cement, seamlessly integrating into existing construction workflows. They serve the construction industry, aiming to be a partner for green cement and contributing to global decarbonization efforts.
What is Material Evolution's revenue?
StartupHub estimates Material Evolution's annual revenue at $10.2M (range $3.2M to $28.4M, 28% confidence), based on comparable companies in the sector.
What is Material Evolution's valuation?
StartupHub estimates Material Evolution's effective valuation at $88.8M (range $55.8M to $133.8M, 10% confidence), based on comparable companies in the sector.
How much funding has Material Evolution raised?
Material Evolution has raised a total of $22M in funding. The most recent round on record is Series A.
Where is Material Evolution headquartered?
Material Evolution is headquartered in Middlesbrough, United Kingdom.
When was Material Evolution founded?
Material Evolution was founded in 2017.
What industry does Material Evolution operate in?
Material Evolution operates in Sustainability, Construction Tech, Materials Science, AI.
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