M
Materia
Manufacturer of Grubbs Catalyst Technology and Proxima Thermoset Resins | Materia
About Materia
Materia, a wholly owned subsidiary of ExxonMobil since late 2021, specializes in advanced polymer technology to produce next-generation thermoset systems. These systems are designed to outperform existing options by offering a superior balance of strength and toughness, while also being lightweight. Materia's Proxxima resin systems feature super low viscosity and controllable fast cure, streamlining production processes across a broad set of applications. The company serves a variety of industries, including oil and gas, by providing innovative materials that enhance the value chain for both converters and end users. Materia operates in the advanced materials market, focusing on high-performance resins that meet stringent industry standards. The business model revolves around leveraging ExxonMobil's extensive manufacturing and commercial capabilities to expand its market reach and drive innovation. Revenue is generated through the sale of these specialized resin systems to industrial clients who require dependable and high-performing materials.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1998
- Headquarters
- Pasadena, United States
- Employees
- 107
- Open positions
- None listed
- Dealroom signal
- 61.9/100
- Industry
- Energy
- Sub-industry
- Clean Energy
- Sector
- Energy, Biotechnology, Wind Energy, Catalyst, Spinout, Sustainable Development Goals, Polymers, Climate Tech, Renewable Energy, Resin
- Business model
- Manufacturing
- Client focus
- b2c
- Investment activity
- 1 company, latest Nov 2007
- Capital deployed
- $0
- Preferred round
- CORPORATE SPINOUT
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Dec 2021 | $0 | — | ExxonMobil Chemical | ↗ |
| EARLY VCEquity / VC | Jan 2015 | $5M | $20M | Undisclosed | — |
Growth signals
Latest recorded traffic for Materia is 550 monthly website visits, down 72.5% over the last three months. Materia's team declined 7.8% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Other known investors2 additional known investors
Caltech, California Institute of Technology
ExxonMobil Chemical
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Materia on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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