# NuMat funding: rounds and investors

> NuMat has raised $12M across 1 round since 2018. Investors include National Science Foundation, LaunchCapital and Evergreen Climate Innovations.

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

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

# Who invested in *NuMat*

One round we have observed, with the 5 investors 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

**$12M** raised across 1 round since 2018, from 2 sources

- **Latest round:** Series B, $12M Apr 2018
- **Investors:** 5

See who backed them

## The rounds

- **Apr 2018** Series B **$12M** [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [LaunchCapital](https://millionrounds.com/fund/launchcapital) [Evergreen Climate Innovations](https://millionrounds.com/fund/evergreen-climate-innovations) [Tin Shed Ventures](https://millionrounds.com/fund/tin-shed-ventures) OS Fund/ Osage University Partners Reported by FinSMEs and 1 other SEC filing: $8.3M sold, first sale Mar 2018

## Founders and team

From NuMat's own website: 2 founders, 15 on the team.

**Ben Hernandez** Founder and Chief Executive Officer

**Dr. Omar Farha** Founder and Chief Scientific Officer

- **Dr. Jeff Dysard** Executive Vice President and Chief Technology Officer
- **Volker Heilmann** Vice President, Sales & Marketing
- **Andy Arboleda** Chief Financial Officer
- **Jill Johnson** Chief of Staff
- **Karen Blouin** Chief IP Counsel
- **Adam Cox** Health, Safety, and Environmental (HSE) Manager
- **Andy Farley** Director of Manufacturing & Operations
- **Dr. Deepak Shukla** Director of Research
- **Dr. Paul Boone** Director of IT and Data Engineering
- **Dr. Paul Siu** Quality Manager
- **Dr. Perla Rittigstein** Development Manager
- **Ernesto Magana** Senior Engineering Manager
- **John Siegfried** Director of Development
- **Randi Groy** Product Development Manager
- **Sarvesh Rao** Director of Quality

Advisers *Distinguished Chemist*

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[LaunchCapital](https://millionrounds.com/fund/launchcapital) VC firm **1** round

[Evergreen Climate Innovations](https://millionrounds.com/fund/evergreen-climate-innovations) VC firm **1** round

[Tin Shed Ventures](https://millionrounds.com/fund/tin-shed-ventures) Corporate VC **1** round

OS Fund/ Osage University Partners no record of our own yet **1** round

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

## Also claim to have backed them

These 2 firms list NuMat as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) VC firm Per its own site

[DRIVE Catalyst](https://millionrounds.com/fund/drive-catalyst) Corporate VC Per its own site

## Quick answers about NuMat

### Who invested in NuMat?

NuMat's investors include National Science Foundation, LaunchCapital, Evergreen Climate Innovations, Tin Shed Ventures and OS Fund/ Osage University Partners.

### How much has NuMat raised?

NuMat has raised $12M across 1 round since 2018.

### When did NuMat last raise?

NuMat's most recent round was a Series B of $12M in Apr 2018.

### What was NuMat's biggest round?

Its most recent round, $12M in Apr 2018, is also its largest on record.

### Who backed NuMat first?

NuMat's first round on record, in Apr 2018, was backed by National Science Foundation, LaunchCapital and Evergreen Climate Innovations and 2 others.

### What stage is NuMat at?

NuMat's latest named round is a Series B, in Apr 2018.

### Where is NuMat based?

NuMat is based in the United States.

## Companies like NuMat

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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