Matter Machine Raises £4M Pre-Series A for AI Materials Discovery
University of Liverpool spinout Matter Machine closed a £4M pre-Series A led by IP Group, with Northern Gritstone participating.
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University of Liverpool spinout Matter Machine closed a £4M pre-Series A led by IP Group, with Northern Gritstone participating.
PSV Tech closed Fund II at €56 million, below its €70 million target, to back Nordic AI, software and research-driven founders before product-market fit.
Turbine Capital closed its debut Nordic deep-tech fund at SEK608 million, backed by Mycronic, Saab, Scania, Volvo Cars, Stena, Saminvest and EIF.
Matter closed Fund II at $450 million on September 16, 2026. Strategic LPs include ASML, TSMC, and Kleiner Perkins. Founding partner Wen Hsieh spent 17 years at Kleiner. Directory overlap: Eridu. Do not mix Fund II with Rhoda’s $450M Series A.
Noetive emerged from stealth on September 16, 2026 with $41 million seed funding led by Eclipse, which built the company with its chief AI officer Amir Frenkel. Valuation, revenue, and hire count were not disclosed. Swish Ventures and Craft Ventures participated. $30 trillion is company TAM framing.
Impulse Space added $308 million to its Series D on September 16, 2026, taking the combined round to $808 million. The company did not print a new mark. Reuters, citing a source close to the company, put the extension at $5.6 billion versus $4.26 billion on the June $500 million close.