Material Evolution
Dover, US · Founded 2021 · Delaware corporation · 10 known investors
Find your way into Material Evolution
Founders & leadership
Material Evolution was founded in 2021 by Elizabeth Gilligan.
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Elizabeth GilliganFounder
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Samuel ClarkNamed on SEC filing
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Sukhjeevan SunnerNamed on SEC filing
Investors · 10
Norrsken VCStockholm · $1.1M – $3.2M
At One VenturesreportedMenlo Park · $100K – $5M
HG VenturesreportedIndianapolis · $1M – $10M
KOMPAS VCreported · 2 sourcesHørsholm · $1.1M – $5.4M
SkyRiver VenturesreportedLexington
Also in the syndicate · 5
Circle RockCircleRock CapitalPlayfair CapitalSigmaRocSkyRivers
Funding
SEC filings, press & company announcements$18.8M disclosed across 1 of 2 rounds · 2021–2023
- Undisclosed amountseedNov 2021Source ↗
▶$18.8MraisedJun 2023 · 11 investors · Other TechnologyRule 506(b)
▶$18.8MraisedJun 2023 · 11 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Samuel ClarkDirector
- Sukhjeevan SunnerDirector
- Elizabeth GilliganExecutive Officer, Director
- Offering amount
- $18.8M
- Amount sold
- $18.8M
- First sale
- May 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- Who founded Material Evolution?
- Material Evolution was founded by Elizabeth Gilligan in 2021.
- Who are Material Evolution's investors?
- Material Evolution's investors include Norrsken VC, At One Ventures, HG Ventures, KOMPAS VC, SkyRiver Ventures.
- How much funding has Material Evolution raised?
- Material Evolution has disclosed $18.8M raised across 1 of its 2 known rounds.
- Where is Material Evolution headquartered?
- Material Evolution is headquartered in Dover, US.