IP Group Leads £4 Million Matter Machine Funding - FINCHANNEL
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7 Articles
IP Group Leads £4 Million Matter Machine Funding - FINCHANNEL
IP Group said on October 12 that it had led an oversubscribed £4 million funding round for Matter Machine, a University of Liverpool spin-out developing artificial intelligence tools for materials discovery. The London-listed investor’s announcement said the pre-Series A financing would expand Matter Machine’s technical and commercial team, develop its discovery platform and support engagement […]
Gordon Sanghera raises £4m for AI start-up spun out of Liverpool University
Matter Machine has raised £4m in a pre-Series A funding round led by IP Group.Northern Gritstone also backed the company, which commercialises research by University of Liverpool professor Matt Rosseinsky.Sanghera plans to pursue industry partnerships and seek further investment to scale the business.Gordon Sanghera, the former chief executive of Oxford Nanopore Technologies, is leading a new artificial intelligence (AI) start-up that has raised…
AI ‘materials discovery’ venture raises £4m
In what is the largest investment secured by a newly formed University of Liverpool spin-out, AI ‘materials discovery’ venture Matter Machine Technologies raises £4m to accelerate its commercial development. Tony McDonough reports University of Liverpool’s Materials Innovation Factory A University of Liverpool spin-out venture that uses artificial intelligence to invent new, advanced materials has secured £4m in a new funding round. Matter Mac…
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