Material Evolution
Material Evolution is a climate tech company in Belfast, United Kingdom, founded in 2020. It has raised $40.4M across 3 rounds, most recently a $19.7M Series B in June 2025.
Ultra-Low Carbon Cement Solutions
- Headquarters
- Belfast
- Employees
- 11–50
- Founded
- 2020
- Business Model
- B2B
- Website
- materialevolution.com
- Total Funding
- $40.4M
- Last Round
- $19.7M Series BJun 2025
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 10 investors for this company. The full record is or through the API.
About
Material Evolution develops ultra-low-carbon cement using a proprietary Alkali Fusion process and AI-powered material selection, replacing traditional energy-intensive kilns. Their MevoCem product emits 80% less CO2 than ordinary Portland cement, transforming industrial byproducts and waste into high-performance sustainable construction materials.
Summary
It lists 11–50 employees. It has raised $40.4M in total across 3 rounds, most recently a $19.7M Series B round in Jun 2025. Investors include Playfair Capital, Kompas VC and At One Ventures.
Tech & App Stack
3 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Jun 2025
Sign up to see all 3 events
Funding: Seed through Series B. Amounts, valuations, and investors where available.
Investors
Similar Companies
Sempra Infrastructure develops, builds, operates, and invests in infrastructure serving customers...
AI infrastructure company building renewable-powered data centers and cloud compute optimized for...
Self-driving cars.
Green steel company using hydrogen and renewable electricity to decarbonize steel production. For...
Appears in
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/material-evolution"><img src="https://indexed.vc/api/badge/company/material-evolution" alt="Material Evolution on Indexed.vc" width="260" height="76" /></a>