Unearthly Materials claimed to have bigname investors, but they werent all on board

News Summary

  • Or maybe you’ve been inside a much larger one that was cooled by liquid helium, generating tremendous magnetic and radio waves that allowed doctors to peer inside your body as part of an MRI.Even with their delicate temperature requirements, superconductors have become key players in science, medicine and technology.
  • Ever since they were discovered over 100 years ago, superconductors have seemed a bit magical.You might have seen one on YouTube, levitating above a pool of liquid nitrogen, shrouded in vapor as the super-chilled seventh element boils off.
  • The electrical grid would stand to be transformed, as lossless superconductors would make transcontinental power lines a reality.
  • It’s unusual for a widely publicized startup to raise $20 million without writing a blog post or issuing a press release.
  • Fusion reactors, which rely on superconducting magnets to confine the blazing hot plasma, would grow smaller and cheaper.
  • The $1 million seed round featured Union Square Ventures’ Albert Wenger, Spotify’s Daniel Ek, Dolby chairman Peter Gotcher and Wise co-founder Taavet Hinrikus.
Ever since they were discovered over 100 years ago, superconductors have seemed a bit magical.You might have seen one on YouTube, levitating above a pool of liquid nitrogen, shrouded in vapor as th [+2220 chars]