About Material Ventures
Material Ventures is a venture capital firm founded in 2021. It is primarily based out of Charleston, United States. As of Aug 2024, Material Ventures has invested in 7 companies. It primarily invests in Seed round in Germany based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and FinTech. Most recently it participated in the $***** Series A round of Clare A lot of funds co-invest with Material Ventures, with names like Quadrille Capital sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Seed & 1 more
Portfolio Soonicorns
Material Ventures' List of Top Investments
Material Ventures has a portfolio of 7 companies. Their most notable investments are in UnitPlus and Coldcart.Their portfolio spans across Germany, United States, France and 2 more locations. They have invested in Consumer, Enterprise Applications, FinTech and 7 other sectors, across stages such as Series B, Seed and 1 more. Here is the list of top investments by Material Ventures:
1. Homa Games
Developer and publisher of mobile-based casual games. Some of the games released by the company are "Sky Roller", "Zombie Defense", "My Grand Casino", and many more. The games are available on iOS and Android devices.
Key facts about Homa Games
2. Lopay
Provider of payment processing solutions for businesses. It offers a payment app and point-of-sale system, enabling businesses to accept payments via card readers, business terminals, or tap-to-pay functionality on smartphones. The platform includes features for team management, expense tracking, and rewards programs. Flexible payout schedules provide businesses with instant or delayed access to their funds. The company also offers an expense and rewards card to facilitate business spending and reward card usage. Various hardware options are available to suit different business needs and preferences.
Key facts about Lopay
- Founded Year: 2022
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $7.35M
- Employee Count: 41 as on May 31, 2026
- Investors: Redbus Group, Portage and 36 Others
- Latest Funding Round: Seed, Oct 11, 2023, $*****
3. Coldcart
Provider of technology platform optimizing perishable parcel and eCommerce logistics. The platform integrates shopping carts and automates routing and packout selection. It provides real-time performance visibility of carriers and fulfillment centers. The platform also calculates the full cost of each shipment. This includes shipping, storage, handling, coolant, and packaging expenses.
Key facts about Coldcart
- Founded Year: 2021
- Location: Chicago (United States)
- Stage: Seed
- Total Funding till date: $6.5M
- Employee Count: 9 as on May 31, 2026
- Investors: Collide, Alumni Ventures and 5 Others
- Latest Funding Round: Seed, Jul 16, 2024, $*****
- Highlight: Editors' Pick
4. Monumental
Provider of robotic solutions for on-site construction tasks. The company offers features like robot hardware, software, and machine vision pipeline.
Key facts about Monumental
- Founded Year: 2021
- Location: Amsterdam (Netherlands)
- Stage: Series B
- Total Funding till date: $25M
- Employee Count: 99 as on May 31, 2026
- Investors: Hummingbird Ventures, Northzone and 6 Others
- Latest Funding Round: Series B, Feb 15, 2024, $*****
- Highlight: Editors' Pick
5. Clare
Provider of AI-enabled voice assistant tool for psychological health. It provides users with a voice assistant tool that allows them to seek help for mental-health-related difficulties over the phone or through text messaging.
Key facts about Clare
- Founded Year: 2021
- Location: Germany
- Stage: Series A
- Total Funding till date: $5.18M
- Employee Count: 2 as on May 31, 2026
- Investors: Material Ventures, Antler and 4 Others
- Latest Funding Round: Series A, Aug 08, 2024, $*****
- Highlight: Editors' Pick
Material Ventures' Year-on-Year Investment Trends
Material Ventures has invested in 7 companies over the last 4 years, with an average of 1 new investment annually in the last 3 years. Its most recent first time investment was in Clare.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 3 | 0 | 3 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
Material Ventures' Investments by Stage
Material Ventures has made 3 investments in Series B stage with an average round size of $44.6M, 2 investments in Seed stage with an average round size of $6.5M and 1 investment in Series A stage with an average round size of $4.04M.Stage of entry | No. of Investments |
|---|---|
Series B | 3 |
Seed | 2 |
Series A | 1 |
Note: We have considered here, only first round of investments
Material Ventures' Investments by Sector
Material Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Gaming and Gig Economy. Notably, it has invested in 6 Tech companies, 5 Enterprise (B2B) companies, 4 Consumer (B2C) companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Enterprise Applications | 2 |
FinTech | 2 |
Gaming | 1 |
Gig Economy | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
Material Ventures' Investments by Geography
Material Ventures has made most investments in Germany (2), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Germany | 2 |
United States | 2 |
France | 1 |
Netherlands | 1 |
Note: We have considered here, only first round of investments
Material Ventures' recent investments
Material Ventures has not made any investment in 2026 so far.Here are the most recent investments by Material Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 08, 2024 | Germany | Series A | 3508 | [+2] | |
Jul 16, 2024 | United States | Seed | 7871 | [+5] | |
Feb 15, 2024 | Netherlands | Series B | 7323 | [+4] | |
May 31, 2023 | United States | Series B | 6315 | ||
Apr 05, 2023 | Germany | Seed | 1575 | [+2] |
Co-investors of Material Ventures
Over the past 4 years, 51 investors have co-invested in Material Ventures's portfolio companies. This includes funds and angels.
- Invested before Material Ventures: Headline, Northzone and 25 others have invested in rounds before Material Ventures. There is 1 company where Headline has invested before Material Ventures and 1 company where Northzone has invested before Material Ventures.
- Top Co-investors of Material Ventures: 20 investors entered a company along with Material Ventures. These include investors like Quadrille Capital (1 company).
- Invested after Material Ventures: A total of 4 investors have invested in Material Ventures's portfolio after their investments. Top Investors include PactVC (1 company), Seed X Liechtenstein (1 company) and Alexandros Bottenbruch (1 company).
Recent News related to Material Ventures
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Coldcart Raises $6.5M in Seed FundingFinSMEs•Jul 16, 2024•Coldcart, Collide, Material Ventures, Great North Ventures and 5 others
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UK’s Togather rebrands from Feast It and bags $8.5 million to bring event suppliers to one platformTech.eu•Jun 07, 2023•Togather, UNTITLED, Fuel Ventures, BNVC and 1 other
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