Materials Zone

Lean R&D Solution for Materials and Chemistry Professionals

Startup

Materials Zone is a Tel Aviv-Yafo-based startup in the Industrial Technologies sector, established in 2017. Lean R&D Solution for Materials and Chemistry Professionals. The company has raised a total of $9.72M across 6 funding rounds, currently at the A stage. Materials Zone was founded by Assaf Anderson. Key investors include OurCrowd, Insight Partners, Mark Waissman, among 4 total investors. The company has 11-50 employees. Core technologies: Artificial Intelligence, Generative AI, Machine Learning.

With $9.72M in total funding, Materials Zone is a A-stage company operating in Industrial Technologies. The company follows a B2B business model. Product stage: Released.

$9.72M
Raised
6
Rounds
4
Investors
3
Team
2017
Founded
Sector & Technology
Business SoftwareIT, R&D & Data SolutionsData Analysis & Decision SupportIndustrial TechnologiesMaterial Innovations & ApplicationsArtificial IntelligenceGenerative AIMachine Learning
At a Glance
Investors

4 investors total

Founders
In the News

3 articles covered by sources including finance.yahoo.com, en.globes.co.il, www.forbes.com.

finance.yahoo.com · Dec 13, 2023
MaterialsZone Enables Further Innovation at Kafrit Group, Enhancing Products and Customer Experience
Read article ↗
Frequently Asked Questions
What does Materials Zone do?

MaterialsZone is a lean R&D solution aimed at R&D professionals to expedite the development of materials-based products, utilizing AI technologies. The solution helps streamline processes, connect teams and unify data, helping organizations struggling with data silos, complex workflows and manual tasks. The platform offers advanced predictive modeling, visualization, collaboration tools, data aggregation and data standardization. MaterialsZone’s platform harmonizes internal and external sources (e.g., LIMS, ELN, ERP, Excel) into a unified professional knowledge center, and leverages GenAI to rapidly ingest unstructured data (e.g, TDSs and Excel files) into ML-ready format.

How much funding has Materials Zone raised?

Materials Zone has raised $9.72M in total funding across 6 rounds. The company is currently at the A stage. Key investors include OurCrowd, Insight Partners, Mark Waissman.

Who founded Materials Zone?

Materials Zone was founded in 2017 by Assaf Anderson (Founder & CTO).

What sector is Materials Zone in?

Materials Zone operates in Business Software, IT, R&D & Data Solutions, Data Analysis & Decision Support, Industrial Technologies, Material Innovations & Applications, with core technologies in Artificial Intelligence, Generative AI, Machine Learning. Target customers: Enterprise & Professional Services, SMBs & SMEs, Enterprises, Energy, Utilities & Waste Management, Renewable Energy Systems, Solar, Industrial Manufacturing, Discrete Industries, Semiconductors & Electronics.

Where is Materials Zone located?

Materials Zone is based in HaHashmonaim 103, Tel Aviv-Yafo, Israel, Center District.

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