# Boston Materials funding: rounds and investors

> Boston Materials has raised $15M across 3 rounds since 2019. Investors include National Science Foundation, Collaborative Fund and Breakthrough Energy.

Source: https://millionrounds.com/company/boston-materials (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Boston Materials*

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Chemicals & Materials Manufacturing

Raised 11 months ago

Funding summary Updated 26 Oct 2026

**$15M** raised across 3 rounds since 2019, from 3 sources

**$1.8M** Seed **$14M** Series A

- **Latest round:** Venture Dec 2025
- **Biggest round:** $14M Series A · Nov 2024
- **Investors:** 7 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023 2024 2025

**$1.8M** Seed

**$14M** Series A

**?** Venture

- **First round:** Seed, $1.8M
- **Biggest round:** $14M
- **Usual gap between rounds:** 5.6 years

## The rounds

- **Dec 2025** Venture **Amount undisclosed** *5 returning* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Good Growth Capital](https://millionrounds.com/fund/good-growth-capital) [Clean Energy Ventures](https://millionrounds.com/fund/clean-energy-ventures) Source recorded SEC filing: $28M sold, first sale Sept 2024
- **Nov 2024** Series A **$14M** *5 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Good Growth Capital](https://millionrounds.com/fund/good-growth-capital) [Clean Energy Ventures](https://millionrounds.com/fund/clean-energy-ventures) Source recorded SEC filing: $8.5M sold, first sale Sept 2024
- **Mar 2019** Seed **$1.8M** *2 new* [Clean Energy Venture](https://millionrounds.com/fund/clean-energy-venture-group) Lead [SABIC](https://millionrounds.com/fund/sabic) Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2019 **Series A** 2024 **Venture** 2025 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Good Growth Capital](https://millionrounds.com/fund/good-growth-capital) [Clean Energy Ventures](https://millionrounds.com/fund/clean-energy-ventures) [Clean Energy Venture](https://millionrounds.com/fund/clean-energy-venture-group) L [SABIC](https://millionrounds.com/fund/sabic)

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **2** rounds

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm **2** rounds

[Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) VC firm **2** rounds

[Good Growth Capital](https://millionrounds.com/fund/good-growth-capital) VC firm **2** rounds

[Clean Energy Ventures](https://millionrounds.com/fund/clean-energy-ventures) VC firm **2** rounds

[Clean Energy Venture](https://millionrounds.com/fund/clean-energy-venture-group) Angel network **1** round, led 1

[SABIC](https://millionrounds.com/fund/sabic) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=boston-materials).

## Quick answers about Boston Materials

### Who invested in Boston Materials?

Boston Materials's investors include National Science Foundation, Collaborative Fund, Breakthrough Energy, Good Growth Capital and Clean Energy Ventures, and 2 more on record.

### How much has Boston Materials raised?

Boston Materials has raised $15M across 3 rounds since 2019. One round did not disclose an amount, so the total is a floor.

### When did Boston Materials last raise?

Boston Materials's most recent round was a Venture in Dec 2025.

### What was Boston Materials's biggest round?

Boston Materials's largest round on record is $14M (Series A), in Nov 2024.

### Who backed Boston Materials first?

Boston Materials's first round on record, in Mar 2019, was backed by Clean Energy Venture and SABIC.

### What stage is Boston Materials at?

Boston Materials's latest named round is a Venture, in Dec 2025.

### Where is Boston Materials based?

Boston Materials is based in the United States.

### Who led Boston Materials's rounds?

Clean Energy Venture led the Seed in 2019.

## Companies like Boston Materials

In the same sector, and raised in the last eighteen months.

[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)

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