About Boston Materials
Boston Materials is a company based in Billerica (United States) founded in 2016 by Anvesh Gurijala and Michael Segal. It operates as a Direct-to-Consumer (D2C). Boston Materials has raised $40.15 million across 8 funding rounds from investors including SABIC, Accelr8 Technology Corporation and MassCEC. The company has 19 employees as of December 31, 2022. Boston Materials offers products and services including Liquid Metal ZRT®. Boston Materials operates in a competitive market with competitors including MITO Materials, Daejoo, Evantic, Interface Polymers and Response Technologies, among others.
- Headquarter Billerica, United States
- Employees 19 as on 31 Dec, 2022
- Founders Anvesh Gurijala, Michael Segal
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Sectors
Chemicals & Materials
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Email
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Phone
*********
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Website
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Social
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- Legal Name Boston Materials, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40.15 M (USD)
in 8 rounds
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Latest Funding Round
$13.5 M (USD), Series B
Sep 13, 2024
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Investors
SABIC
& 15 more
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Employee Count
19
as on Dec 31, 2022
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Products & Services of Boston Materials
Boston Materials offers a comprehensive portfolio of products and services, including Liquid Metal ZRT®. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced thermal interface material for high-power devices.
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Funding Insights of Boston Materials
Boston Materials has successfully raised a total of $40.15M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $13.5 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series B — $13.5M
- First Round First Round
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series B - Boston Materials | Valuation | Accelr8 Technology Corporation , Diamond Edge Ventures | |
| Nov, 2022 | Amount | Series A - Boston Materials | Valuation | Good Growth Capital | |
| May, 2021 | Amount | Series A - Boston Materials | Valuation | Accelr8 Technology Corporation |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boston Materials
Boston Materials has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include SABIC, Accelr8 Technology Corporation and MassCEC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Ecological infrastructure investments are managed by this fund.
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Venture capital funding is offered by Valo Ventures.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Boston Materials
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Boston Materials
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boston Materials Comparisons
Competitors of Boston Materials
Boston Materials operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MITO Materials, Daejoo, Evantic, Interface Polymers and Response Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Hybrid polymer modifiers are produced for resins and thermoplastics.
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| domain | founded_year | HQ Location |
Electronic and battery materials are manufactured for automotive applications.
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| domain | founded_year | HQ Location |
Advanced polymers are developed for diverse applications.
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| domain | founded_year | HQ Location |
Compatibility and surface functionality solutions for the polyolefin industry
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| domain | founded_year | HQ Location |
Technology for treating urethane foams against fluid degradation is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Boston Materials
Frequently Asked Questions about Boston Materials
When was Boston Materials founded?
Boston Materials was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Boston Materials located?
Boston Materials is headquartered in Billerica, United States. It is registered at Billerica, Massachusetts, United States.
Who is the current CEO of Boston Materials?
Anvesh Gurijala is the current CEO of Boston Materials. They have also founded this company.
Is Boston Materials a funded company?
Boston Materials is a funded company, having raised a total of $40.15M across 8 funding rounds to date. The company's 1st funding round was a Series A of $10.55M, raised on Oct 17, 2018.
How many employees does Boston Materials have?
As of Dec 31, 2022, the latest employee count at Boston Materials is 19.
What does Boston Materials do?
Boston Materials is engaged in developing advanced thermal interface materials for high-power devices. Solutions like Liquid Metal ZRT are designed to improve cooling by 5 to 8C, targeting kilowatt-scale applications. The company serves sectors such as data centers, semiconductor design, and electrified vehicles. Products are validated on NVIDIA data center GPUs and test vehicles, ensuring enhanced energy efficiency and performance. Operational cost reduction and improved power usage effectiveness are also prioritized for rack-scale integrators and thermal designers.
Who are the top competitors of Boston Materials?
Boston Materials's top competitors include Daejoo, Interface Polymers and MITO Materials.
What products or services does Boston Materials offer?
Boston Materials offers Liquid Metal ZRT®.
Who are Boston Materials's investors?
Boston Materials has 16 investors. Key investors include SABIC, Accelr8 Technology Corporation, MassCEC, Good Growth Capital, and Diamond Edge Ventures.
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