Mattiq announced its launch alongside securing $15 million in seed funding, led by Boston-based venture capital firm Material Impact. Formerly known as Stoicheia, Mattiq also announced it has hired veteran Silicon Valley executive and entrepreneur Jeff Erhardt as Chief Executive Officer.
Born out of the Northwestern lab of world-renowned material scientist and professor Chad Mirkin, Mattiq’s first-in-kind ‘chemistry for climate’ platform pairs nanotechnology with AI to speed the discovery and deployment of new materials to power the energy transition. Mirkin, a nanotechnology pioneer, has helped develop more than 2,000 commercial products in life sciences, biomedicine, biotechnology, 3D printing, nanofabrication, and semiconductor processing, and is founding director of the International Institute for Nanotechnology at Northwestern University, where Mattiq was incubated.
By synthesizing and evaluating millions of potential combinations in parallel, Mattiq's integrated technology platform streamlines the historically fragmented development of novel materials powering a variety of products and solutions. At the same time, this work generates unprecedented amounts of high-quality data that enables Mattiq to build the world’s most powerful materials AI.
By 2024, Mattiq will have synthesized and analyzed more than one trillion novel material combinations within the context of real-world industrial systems. Currently focused on the commercialization of clean electrochemical production of critical products, Mattiq develops new chemical systems at an unprecedented speed and scale to facilitate:
The commercially viable production of e-chemicals and e-fuels with reduced dependence on scarce and expensive materials such as iridium (currently critical for green hydrogen production)
Reduced supply chain volatility and carbon footprint (including scope 3 emissions) in the chemical and energy industries
A circular economy in which products from plastics to jet fuel are made only from renewable feedstocks and electricity
“Solutions to the materials bottleneck must meet skyrocketing demand while also reducing the ‘green premium’ so that climate technologies can be scaled in commercially viable ways,” said Jeff Erhardt, CEO of Mattiq. “Mattiq’s discoveries will make possible technologies that today can only be imagined; it is an opportunity of a lifetime, and I’m thrilled to be joining this incredible team.”
For more information: Mattiq
Photo: Mattiq Co-founder Chad Mirkin (left), CEO Jeff Erhardt (middle), and CTO Andrey Ivankin (right) combine expertise across nanoscience, AI and business solutions to deliver commercially viable sustainable materials at an unparalleled scale and pace Subject Classifications
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