Material Hybrid Manufacturing Raises $7.1M for New Energy Storage Technology
Material Hybrid Manufacturing Inc. raised $7.1 million in Seed funding, co-led by Outlander VC and Harpoon Ventures, to advance its HYBRID3D™ technology for energy storage. The technology prints energy into components of any shape, addressing limitations of traditional battery designs.
MATERIAL is collaborating with the U.S. Air Force on a $1.25 million Phase II Small Business Innovation Research project to integrate conformal batteries into unmanned aerial systems, aiming to increase energy densities by over 50% and reduce weight by 22%. Partnerships are also underway in consumer electronics, mobility, robotics, and wearables, indicating broad commercial applications.
