Fundraising Fox

Material Evolution

Techstars '20

Belfast, GB · Founded 2020 · 9 known investors

Material Evolution develops low-carbon cement using a proprietary alkali fusion process that operates at ambient temperatures, significantly reducing emissions compared to conventional cement production. The company serves architects, engineers, and construction firms seeking sustainable alternatives to traditional cement, using AI and machine learning to optimize material selection and manufacturing efficiency.

Founders & leadership

Material Evolution was founded in 2020 by Elizabeth Gilligan and Sam Clark.

EGElizabeth Gilligan
Elizabeth GilliganinFounder
SCSam Clark
Sam ClarkinCo-Founder/COO

Investors · 9

Also in the syndicate · 3

Circle RockSigmaRocThe Heritage Group

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Companies House · registry record

View on Companies House ↗
Registered name
MATERIAL. EVOLUTION LTD.
Company number
NI649729
Status
Active
Company type
Private limited company
Incorporated
8 Dec 2017
Registered office
Suite 182 21 Botanic Avenue, Belfast, BT7 1JJ
Nature of business (SIC)
32990 — Other manufacturing n.e.c.71111 — Architectural activities71121 — Engineering design activities for industrial process and production90030 — Artistic creation
Accounts
last made up to 31 Dec 2024 · next due 30 Sept 2026
Confirmation statement
last made up to 15 Aug 2025 · next due 29 Aug 2026

Current officers · 2

  • Samuel Clark director, appointed 15 Aug 2023
  • Elizabeth Gilligan director, appointed 8 Dec 2017

Source: Companies House public register · retrieved 24 Jul 2026. Contains public sector information licensed under the Open Government Licence v3.0.

In the news

Frequently asked questions

What does Material Evolution do?
Material Evolution develops low-carbon cement using a proprietary alkali fusion process that operates at ambient temperatures, significantly reducing emissions compared to conventional cement production. The company serves architects, engineers, and construction firms seeking sustainable alternatives to traditional cement, using AI and machine learning to optimize material selection and manufacturing efficiency.
Who founded Material Evolution?
Material Evolution was founded by Elizabeth Gilligan, Sam Clark in 2020.
Who are Material Evolution's investors?
Material Evolution's investors include Techstars, At One Ventures, KOMPAS VC, Norrsken VC, Playfair Capital, SkyRiver Ventures.
Where is Material Evolution headquartered?
Material Evolution is headquartered in Belfast, GB.