£9.0M
The London-based biotechnology startup has secured £9m to build its largest demonstration facility for recycled nylon 6.6.
K
KOMPAS
Venture CapitalKOMPAS VC is an early-stage venture capital firm that invests in decarbonisation and industrial technology companies.
Portfolio
2
companies
Investment by month
By category
- CleanTech£24.0M
By location
- United Kingdom£15.0M
- London£9.0M
Portfolio companies
EB
Epoch Biodesign
Epoch Biodesign builds enzymatic technology to recycle complex plastic and textile waste.
ME
Material Evolution
Material Evolution produces low-carbon cement from industrial waste streams.
Team
SP
Sebastian Peck
Partner
Recent investments
£15.0M
The funding round was led by KOMPAS VC to support manufacturing expansion and further research and development.
"What makes Material Evolution different is that we don’t believe it will be one material that saves the world. We believe that to rapidly scale across the industry we need to have localised material sources. We have created a product that not only produces lower emissions but is also lower in cost and has a higher performance. There is no silver bullet solution, but we believe that by decentralising cement production and using previously inaccessible waste we can scale our solution on a global level and truly change the cement industry."