TechFounders’ Post

🤩 ExoMatter Raises €1.7 Million Pre-Seed Investment! 💰 ExoMatter, an alumni team of TechFounders and XPRENEURS Incubator programs, has secured €1.7 million in pre-seed funding. The round was led by Vanagon.vc, with support from Bayern Kapital, 212 NexT, Bloomhaus Ventures AG, ZAKA VC, and business angels from encourageventures e.V. ExoMatter leverages AI and quantum chemical modeling to revolutionize materials R&D, enabling companies to discover completely new materials optimized for performance, cost, and sustainability. Their solution accelerates the material development process by up to 90%, massively reducing costs and greenhouse gas emissions, also making the process not only faster and more efficient but also significantly more environmentally friendly. 🌍 𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝗧𝗼𝗴𝗲𝘁𝗵𝗲𝗿 𝗳𝗼𝗿 𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 "ExoMatter addresses one of the greatest challenges of our time: the search for new, more sustainable materials. With its AI-powered platform, the company offers a solution that allows materials to be found for specific applications in record time while minimizing the ecological footprint," said Susanne Fromm, co-founder of Vanagon Ventures alongside Sandro Stark and Axel Roitzsch. "This technology not only enhances companies' innovation capabilities but also prepares them for upcoming regulatory requirements, such as the EU Ecodesign Directive." 👏 Congratulations to the ExoMatter team! #StartupFunding #ClimateTech #SustainableInnovation

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