When was Mars Materials founded?

Mars Materials was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Mars Materials located?

Mars Materials is headquartered in Oakland, United States.

Who is the current CEO of Mars Materials?

Aaron Fitzgerald of Mars Materials.

How many employees does Mars Materials have?

As of Sep 30, 2026, the latest employee count at Mars Materials is 13.

Is Mars Materials a funded company?

Mars Materials is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 26, 2022.

When was the latest funding round of Mars Materials?

Mars Materials' latest funding was a $***** Seed round on Oct 26, 2022, with participation from 3 investors.

Where does Mars Materials rank among its competitors?

Mars Materials ranks 3rd amongst 10 active competitors, of which 5 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Econic Technologies, which secured an undisclosed amount in Oct, 2024.

Who are the top competitors of Mars Materials?

Mars Materials' top competitors include Newlight Technologies, Econic Technologies and Mango Materials. Among them, Econic Technologies secured the most recent funding round in October, 2024.

Mars Materials - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of carbon utilization technologies for advanced materials and carbon sequestration. It commercializes technologies to remove greenhouse gases, creating alternative materials that act as carbon sinks. The company focuses on acrylonitrile production using captured-CO₂ and bio-based sugars. This acrylonitrile is a chemical building block for carbon fiber, enabling carbon storage in derivative products.

Website: www.marsmaterials.tech/
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Key Metrics

Founded Year

2021

Location

Oakland, United States

Stage

Seed

Total Funding

$660K in 1 round

Latest Funding Round

Seed, Oct 26, 2022, $*****

Investors

Climate Capital & 4 more

Ranked

3^rd among 10 active competitors

Employee Count

13 as on Sep 30, 2026

Similar Companies

Newlight Technologies & 8 more

View Mars Materials' full profile

Mars Materials has raised a total funding of $660K over 1 round. Its latest funding round was a Seed round on Oct 26, 2022 for $*****. 3 investors participated in its latest round. Mars Materials has 5 institutional investors.

Here is the list of recent funding rounds of Mars Materials:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 26, 2022	7690563	Seed	8043554	2698746	1741539	5459186

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View details of Mars Materials's funding rounds and investors

The founders of Mars Materials is Kristian Gubsch. Aaron Fitzgerald is the CEO of Mars Materials.

Here are the details of Mars Materials' key team members:

Kristian Gubsch: Co-Founder and Chief Technology Officer of Mars Materials.
Aaron Fitzgerald: CEO of Mars Materials.

View details of Mars Materials's Founder profiles and Board Members

Mars Materials' employee count trend

Mars Materials has 13 employees as of Sep 26. Here is Mars Materials's employee count trend over the years:

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Top competitors of Mars Materials include Newlight Technologies, Econic Technologies and Mango Materials. Here is the list of Top 10 competitors of Mars Materials, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Newlight Technologies 2003, Huntington Beach (United States), Series F	Developer of technology converting greenhouse gas into biomaterial for product manufacturing	$220M	GenZero, Valedor Partners & 6 others	54/100
2nd	Econic Technologies 2011, Macclesfield (United Kingdom), Series E	Developer of technology that transforms carbon dioxide into valuable raw materials	$43.2M	Capricorn Partners, Taranis & 44 others	49/100
3rd	Mars Materials 2021, Oakland (United States), Seed	Developer of carbon utilization technologies for advanced materials and carbon sequestration	$660K	Climate Capital, Prithvi Ventures & 3 others	47/100
4th	Mango Materials 2010, Berkeley (United States), Seed	Manufacturer of biodegradable plastics using waste	-	Collab Fund, Plug and Play Tech Center & 9 others	40/100
5th	Biotic Labs 2020, Tel Aviv (Israel), Seed	Manufacturer of bio-based, biodegradable polymer alternatives to conventional plastics	$2M	The Yield Lab, Rockstart & 10 others	41/100
6th	Plasticsbornfromco2 2024, Espoo (Finland), Unfunded	Developer of biodegradable plastics made from CO2 emissions	-	-	24/100
7th	Cardia Bioproducts 2002, Mount Waverley (Australia), Funding Raised	E-distributor offering pet supplies	-	-	24/100
8th	Dama 2021, Denver (United States), Unfunded	Online platform offering carbon capture solution	-	-	22/100
9th	Terra Bioware 2022, Bengaluru (India), Funding Raised	Developer and manufacturer of bioplastics	-	Arise Ventures, C-CAMP	20/100
10th	BioUPGRADE Finland, Unfunded	Developer of biotechnologies that upgrade biopolymers into high-value multipurpose materials	-	-	16/100