About
MaterialsZone is a lean R&D solution aimed at R&D professionals to expedite the development of materials-based products, utilizing AI technologies. The solution helps streamline processes, connect teams and unify data, helping organizations struggling with data silos, complex workflows and manual tasks. The platform offers advanced predictive modeling, visualization, collaboration tools, data aggregation and data standardization. MaterialsZone’s platform harmonizes internal and external sources (e.g., LIMS, ELN, ERP, Excel) into a unified professional knowledge center, and leverages GenAI to rapidly ingest unstructured data (e.g, TDSs and Excel files) into ML-ready format.
Funding history · 3 rounds · $9.7M total
Company Intelligence Q&A
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- When was Materials Zone founded?
- Materials Zone was founded in December 2017.
- What is Materials Zone's primary focus?
- Materials Zone provides a lean R&D solution for materials and chemistry professionals, utilizing AI technologies to expedite the development of materials-based products.
- How much total funding has Materials Zone raised?
- Materials Zone has raised a total of $9.72 million USD in funding.
- When did Materials Zone complete its Seed funding round and who were the investors?
- In July 2018, Materials Zone completed a Seed funding round of $3 million USD with investments from Mark Waissman and Sarona Ventures.
- When did Materials Zone raise its first Series A round and who were the lead investors?
- In April 2021, Materials Zone raised a Series A round of $6 million USD, with Insight Partners as a lead investor.
- Which investor participated in Materials Zone's Series A round in April 2024?
- OurCrowd participated in Materials Zone's Series A funding round in April 2024.
- What grants has Materials Zone received from the IIA?
- Materials Zone received a grant of $120,000 USD from the IIA in June 2018 and another grant of $600,000 USD in September 2019.
- How many employees does Materials Zone currently have?
- Materials Zone currently has 25 employees.
- What is the primary sector of Materials Zone?
- Materials Zone's primary sector is Industrial Technologies.
- What technologies does Materials Zone utilize in its platform?
- Materials Zone utilizes Artificial Intelligence and Machine Learning technologies in its platform.