Material Evolution

Ukraine
Anhelivka, Ternopil, Ukraine, 19901

Company profile

Material Evolution company profile

Material Evolution develops ultra-low-carbon cement solutions for ready-mix and precast applications. Their flagship product, MevoCem, leverages a proprietary alkali fusion process and AI‑driven development to produce a binder with 144–196 kg CO₂e per tonne—around 85% less than traditional Portland cement—while achieving industry-standard strength and requiring no changes to existing workflows. The company integrates industrial byproducts and local supply sources to support circular economy principles and drive down carbon impact. It also collaborates with construction partners and designs compact facilities to scale production and embed sustainability across the value chain.

Business identity

Contact email
[email protected]
Phone number
202-346-4000
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Founded
2017-01-01, Year

Headquarters

Postal code
19901
Country code
UA
Continent
Europe

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
2
Total equity funding
$18.9M
Last funding
Debt Financing / 2025-06-19
Last equity funding
Series A / $18.9M
Investors
9
Lead investors
2
Founders
2
Articles
12

Founders and investors

Founders

Elizabeth GilliganSam Clark

Lead investors

HSBC Innovation BankingKOMPAS VC

Investors

At One VenturesHSBC Innovation BankingKOMPAS VCNorrsken VCPlayfair Capital