News Summary

• Materials Nexus a deep tech AI and quantum mechanic company announced Wednesday the close of a million seed round led by Ada Ventures National Security specialists MD One Ventures the University of Cambridge as well as angel investors Andrew MacKay and Jasmin Thomas also participated in the round
• The company which was founded in and based in the U K seeks to amplify net zero technologies including renewable energy generation and energy storage in a way that gives higher performance and sustainability at lower costs
• CEO and co founder Jonathan Bean a theoretical physicist from Cambridge and his team worked on an AI model that reduces the need to conduct physical tests to discover new materials