Materr’Up raised €3 million from Sofimac Innovation, Aquiti Gestion, Irdi Soridec Gestion and Argiduna Capital

Materr’Up, a Saint-Geours de Maremne, France-based manufacturer of a new generation of low carbon concretes, announced raising €3 million ($3.5M).

The money was raised from French investors including Sofimac Innovation, Aquiti Gestion, Irdi Soridec Gestion and Argiduna Capital to which is added the participation of ADEME (winner of the i-Nov competition), the Nouvelle-Aquitaine Region, the BPI, its banking partners. This first round was conducted with the support of the Agence de Développement et d'Innovation de Nouvelle-Aquitaine (ADI).

Materr’Up, founded in 2018 and led by CEO Mathieu Neuville, reconciles the ancestral material of the earth with the requirements of modern construction, dictated by mechanical performance, and offers the concrete market the opportunity to switch to a new dynamic, that of urban resilience and environmental performance .