
Mater-AI converts industrial waste heat into clean electricity by developing AI-designed thermoelectric and semiconductor materials. The company combines physics-based modelling with machine learning to accelerate materials R&D and identify compounds with optimized electrical and thermal properties. Its offering includes an AI-driven R&D platform used to design and validate novel thermoelectric materials for energy-recovery applications. Mater-AI targets industrial customers such as manufacturers, transport operators, and data centers seeking improved energy efficiency.

Mater-AI converts industrial waste heat into clean electricity by developing AI-designed thermoelectric and semiconductor materials. The company combines physics-based modelling with machine learning to accelerate materials R&D and identify compounds with optimized electrical and thermal properties. Its offering includes an AI-driven R&D platform used to design and validate novel thermoelectric materials for energy-recovery applications. Mater-AI targets industrial customers such as manufacturers, transport operators, and data centers seeking improved energy efficiency.
What they do: AI-driven discovery and lab validation of thermoelectric materials to convert industrial waste heat into electricity
Founded: 2023
Headquarters: London, England, United Kingdom
Stage / funding signal: Seed / pre-seed activity reported (company announcements and Crunchbase entries)
Founding team: Dr. Nickel Blankevoort (CEO), Gatleen Bhambra (COO), Dr. Chelsea Williams (CTO)
Materials discovery for thermoelectric energy recovery and solid-state cooling
2023
DeepTech
£100,000
Crunchbase lists a Seed round announced Nov 5, 2024 with amount shown as £100,000
£1,500,000
Company announcement states a £1.5M pre-seed raise with participation from multiple investors
“Backed by angel and VC investors including Twin Path Ventures, Mishcon de Reya, One Planet Capital, XTX Ventures, Conception X Angel Syndicate, Koro Capital, Tailored Solutions”