Cluster Partner in the New Materials Cluster ExoMatter receives 1.7 million euros pre-seed investment

07.11.2024

Munich, October 14, 2024 - Vanagon Ventures and Bayern Kapital have invested 1.7 million euros as lead investors together with other investors in the pre-seed round of the Munich-based start-up ExoMatter. ExoMatter uses AI to develop new materials quickly and sustainably and is already working with major companies such as Airbus and Infineon. With the new funds, the founding team led by Dr. Josua Vieten and Barbara Bachus plans to automate and scale the platform in order to further develop the market.

Here is also our LinkedIn post on the announcement.