Maxterial, a Bay Area technology company focused on pioneering advancements in material science, has successfully closed its Series A funding round, raising nearly $8 million. Led by CEO Dr. Mehdi Kargar and CTO Dr. Amy Haghdoost, the company plans to utilize the funding to accelerate research and development efforts, conduct large-scale trials, and expand product operations in North America and Europe. Maxterial aims to replace environmentally harmful materials like Hexavalent Hard Chrome with their safe, cost-effective, and environmentally friendly solutions. Notable investors include Peter Thiel’s Breakout Labs and Pierre Omidyar’s UP2398. The funding round was led by Helios Climate Ventures, with participation from QEMETICA. Maxterial has raised nearly $11 million to date in equity financing, affirming investor confidence in the company’s vision and technology. The company continues to prioritize sustainability, scalability, and performance to meet the urgent market demand for innovative material science solutions.

Material Science, Venture Capital, Sustainable Technologies,United States, Europe