# Materic funding: rounds and investors

> Materic has raised $10M across 1 round since 2024. Investors include US Department of Energy. Every round with its source.

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

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

# Who invested in *Materic*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Manufacturing

Funding summary Updated 26 Oct 2026

**$10M** raised across 1 round since 2024, from 1 source

- **Latest round:** Grant, $10M Mar 2024
- **Investors:** 1

See who backed them

## The rounds

- **Mar 2024** Grant **$10M** [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Source recorded

## Founders and team

From Materic's own website: 7 on the team.

- **Colin Harmer** Chief Executive Officer
- **Stephen Farias** Chief Science Officer
- **David Garvey** Biomedical Engineer & Onboarding Specialist
- **Kelli Booth** Director
- **Ken Malone** Director
- **Mike Pallotta** Operations Director
- **Scott Gaboury** Director

## Everyone who backed them

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

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

## Quick answers about Materic

### Who invested in Materic?

Materic's investors include US Department of Energy.

### How much has Materic raised?

Materic has raised $10M across 1 round since 2024.

### When did Materic last raise?

Materic's most recent round was a Grant of $10M in Mar 2024.

### What was Materic's biggest round?

Its most recent round, $10M in Mar 2024, is also its largest on record.

### Who backed Materic first?

Materic's first round on record, in Mar 2024, was backed by US Department of Energy.

### What stage is Materic at?

Materic's latest named round is a Grant, in Mar 2024.

### Where is Materic based?

Materic is based in the United States.

## Companies like Materic

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

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

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