Material Evolution Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Material Evolution Ltd. - overview
Established
2017
Location
Belfast, -, Ireland
Primary Industry
Materials
About
Material. Evolution Ltd. , based in Belfast, UK, specializes in the development of sustainable construction materials, notably its innovative low-carbon cement solution, MevoCem, aimed at reducing environmental impact in the construction sector. Founded in 2017 in Belfast, Ireland, Material.
Evolution Ltd. is dedicated to revolutionizing the cement industry with its flagship product, MevoCem. In June 2025, Material Evolution Ltd. raised an undisclosed amount of venture debt funding from HSBC Bank.
Sam Clark is the founder. Material Evolution focuses on producing its flagship product, MevoCem, an ultra-low carbon cement solution that significantly reduces CO2 emissions compared to traditional Ordinary Portland Cement (OPC). MevoCem is engineered to emit between 144-196 kg of CO2 equivalent per tonne, while achieving a strength rating of 52. 5N with a reduced binder content.
This innovative cement integrates seamlessly into existing construction workflows, catering primarily to the sustainable construction sector. The company employs an alkali fusion process that allows for the creation of a clinker-like material at ambient temperatures, enhancing its environmental appeal. Material Evolution targets various geographical markets, with an emphasis on regions prioritizing sustainability in construction, including North America, Europe, and parts of Asia, where eco-friendly building practices are gaining traction. Material Evolution's revenue model is structured around B2B transactions, focusing on partnerships with construction firms, manufacturers, and developers committed to sustainability.
These transactions typically involve bulk supply agreements for MevoCem, enabling clients to incorporate eco-friendly cement into their projects. Given the adoption of MevoCem in high-volume construction applications, the company engages in direct partnerships or supply contracts tailored to specific project needs, fostering long-term relationships with its clients. Pricing structures reflect the premium nature of sustainable products, with potential tiered pricing based on order volume or project scale. The revenue streams are bolstered by ongoing collaborations aimed at increasing the production scale and efficiency of their compact factory model, which allows for sustainable, high-volume output.
Material Evolution Ltd. will use the July 2025 funding to scale-up the production of its MevoCem ultra-low carbon cement product.
Current Investors
Playfair Capital, The Heritage Group, At One Ventures
Primary Industry
Materials
Sub Industries
Recycling, Masonry Materials
Website
www.materialevolution.com
Verticals
Artificial Intelligence, Clean Technology, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.