Climate Tech Startups Utopi And Materials Nexus Raised A Combined $9 Million. Here's The Pitch Decks They Used To Win Over Investors.

• UK climate tech startups Materials Nexus and Utopi recently raised funds.
• London-based Nexus Materials has raised $2.8 million from Glasgow-based Utopia, rising to $6.3 million.
• We saw a number of pitches that both companies used to attract investors.

British climate tech startups Materials Nexus and Utopi recently raised $9.1 million.

London-based Materials Nexus is using artificial intelligence to reduce reliance on the green technology transition in the mining industry. In the first round of funding, led by Ada Ventures, the company raised Rs 2 million (US$2.8 million).

Founded in Cambridge in 2020 before moving its headquarters, the company is using artificial intelligence and quantum mechanics to streamline the discovery and development of sustainable materials. The transition to green energy is currently based on the extraction of materials, which can have serious consequences for the environment.

Finding sustainable materials is time consuming and expensive, Materials Nexus says, and that's what the company hopes to change with its modeling platform. The platform can predict the properties of new materials, reducing the need for physical testing and therefore costs.

“Materials such as concrete, steel and glass represent a significant part of all CO2 emissions. The point is, we can get to net zero emissions if we fundamentally rethink the materials we use.” — Jonathan Bean, founder and CEO. said the informant.

“Finding the next generation of ultra-high-performance, economical, and durable materials is essential, especially to advance sustainable energy generation and use. Our unique technology uses artificial intelligence to discover new materials in years or months and can serve companies in virtually any industry."

The new funds will be used to expand from 10 to 17 as Materials Nexus demonstrates its technology in real projects.

See the 11-slide edition of Materials Nexus below:

Founded in 2019, Glasgow-based startup Utopi recently received £5 million (about $6.3 million) in an investment round backed by the National Investment Bank of Scotland.

The company, which provides the ESG software platform for properties such as apartment buildings and student residences, will use the new funding to enter the US market and consolidate its presence in the UK.

Utopi collects occupant data to inform the ESG performance of the building. Clients can also set goals and report their progress on a variety of ESG metrics similar to (and included) carbon accounting. Basically, the platform helps building managers and owners take action on things like emissions, occupant alerts, and space usage.

By the end of the year, the company's workforce will also increase to 60 people, with core staff hired across all departments, including Operations, Marketing, Compliance, Engineering, Customer Success and Product.

See the 13-slide version of Utopi below:

Net Zero Banking: Financing the future of climate technology