What is Matter.?
Founded in 2018, Matter. is at the forefront of developing innovative technology solutions aimed at capturing, harvesting, and recycling microplastics. The company has engineered a significant retrofit filter solution designed for domestic washing machines. This technology plays a crucial role in preventing microplastic fibers from clothing from entering water systems, addressing a critical environmental concern. The company's efforts position it as a key player in the burgeoning environmental technology sector, seeking to mitigate pollution at its source.
How much funding has Matter. raised?
Matter. has raised a total of $10.5M across 2 funding rounds:
Other Financing Round
$500K
Series A
$10M
Other Financing Round (2022): $500K with participation from Builders Vision’s Rising Tide Fund
Series A (2023): $10M led by S2G Ventures
Key Investors in Matter.
S2G Ventures
S2G Ventures (Seed 2 Growth) is a multi-stage food and agriculture venture fund investing in entrepreneurs whose products and services meet the shifting demands for healthy and sustainable food. S2G looks for companies that can take leadership positions in emerging and fast growing markets in the food and agriculture sector. We make investments spanning the entire food supply chain from soil to shelf, finding the inflection points where innovation and capital can better align the food system to meet changing consumer demands.
Builders Vision’s Rising Tide Fund
Builders Vision's Rising Tide Fund is an investment vehicle focused on supporting companies that contribute to a more sustainable and equitable future. Their backing of Matter. indicates a strategic interest in environmental solutions.
What's next for Matter.?
With the recent major strategic investment, Matter. is poised to accelerate its growth and expand the reach of its microplastic capture technology. This capital infusion is expected to fuel further research and development, enhance manufacturing capabilities, and broaden market penetration for its washing machine filter solutions. The company's focus on a tangible environmental problem, coupled with its technological innovation, suggests a strong trajectory for scaling its impact and potentially exploring new applications for its microplastic recycling and harvesting expertise.
See full Matter. company page