Munich-based ExoMatter secures €1.7 million pre-seed funding round for AI-driven materials research and development.
Funding led by Vanagon Ventures with participation from BayernKapital, 212 NexT, ZAKA VC, Bloomhaus Ventures, and female super angels.
ExoMatter utilizes AI and quantum chemical modeling to accelerate material development process by up to 90% and reduce costs and greenhouse gas emissions.
The company is working with DAX-listed companies and aims to become the leading digital materials platform in Europe.