Cambridge, UK – 16th February 2026 – Immaterial Ltd, a Cambridge, UK-based advanced materials and engineering solutions company developing a proprietary technology platform suited towards a diverse range of industrial applications with primary focus on point source carbon capture, has announced today the successful addition of investments to the Series A2 funding round. The new investors are joining existing investors into the A2 round announced in October 2025. Continued trust with an additional investment by Japanese Utility JERA Co, Inc and new investment by global Chemical company UBE Corporation Japan. The total raised from the Series A2 round totals £14.5M GBP / $20 M USD.
‘‘We are delighted to welcome further commitment from JERA and our new investor UBE, joining our strategic consortium of existing investors with valuable insight, experience and support to scale our technology. The strong interest demonstrates investor commitment and confidence in Immaterial and our team and enables valuable support to scale a differentiated industrial solutions platform that will deliver an economic transformation for our customers in hard to abate sectors for carbon capture.’’, stated Mohammed Khan, CEO of Immaterial.
Immaterial is a Cambridge, UK based company which innovates further on the recent Nobel Prize winning chemistry recognition for metal organic frameworks (MOFs). The company has a proprietary technology platform to apply monolithic metal-organic frameworks (m-MOFs) with engineering design solutions for multiple industrial sectors. Immaterial is aiming to reduce the financial cost of industrial decarbonization by bringing to market bespoke advanced materials which are optimized to a specific use case, manufactured at scale through proprietary methods, and combined with novel process engineering innovation. These systems have the potential to reduce the footprint, capex and opex of industrial decarbonization process systems across multiple applications, making these solutions economic within the existing incentive mechanisms.
The Immaterial proprietary technology platform can be applied to existing metal–organic framework (MOFs) compositions to deliver an augmented volumetric effluent effect because of the monolithic form. Demonstrated pilot use cases include among others point source carbon capture, intermittent hydrogen storage, water harvesting and HVAC energy reduction solutions.
The capital raised will accelerate the company’s commercialisation plans through pilot projects for carbon capture that demonstrate the impact of the technology platform with
partners and customers in Europe and the U.S., while building on the momentum from the successful pilot project already concluded in Europe.
“We are very pleased to welcome JERA and UBE as investors in Immaterial. Their participation strongly validates both our monolithic metal-organic framework technology
and its relevance for large-scale industrial decarbonisation. It is particularly rewarding to see fundamental academic innovation translate into tangible industrial outcomes.
This investment allows us to accelerate deployment of our materials at pilot and commercial scale, and to work closely with global industrial leaders to deliver carbon capture solutions that are technically robust and economically viable.”, mentioned Professor David Fairen Jimenez, Chief Scientific Officer and Founder of Immaterial.
“We are pleased to further strengthen our partnership with Immaterial through a follow-on investment in this Series A2 round. Immaterial’s monolithic MOF technology offers a
compelling approach to affordable point-source CO₂ capture, with strong potential for application across JERA’s thermal power generation portfolio. JERA looks forward to
supporting Immaterial as it scales its technology toward commercial deployment and delivers a compelling value proposition to the market.”, said Takeshi Kodama, Head of JERA
Ventures and Managing Partner, JERA Co, Inc.
“Immaterial’s high-density monolithic metal–organic frameworks (m-MOFs) technology is a truly unique capability that clearly distinguishes the company from other enterprises working with MOF-based materials. By overcoming the bottlenecks inherent to conventional powdered MOFs, this technology holds significant promise for applications in industrial decarbonization. UBE intends to explore opportunities for collaboration in business development and technological innovation with Immaterial, with the aim of fostering the growth and advancement of both companies.”, Youichi Yoshida, Executive Officer, General Manager of Research & Development Division, UBE Corporation.
Immaterial is the only company in the world that can produce MOFs in monolith form: macroscopic, ultra-dense crystals of MOFs that are thermally and chemically stable and
preserve their ultra-high storage performance. Immaterial has developed their own proprietary materials with ‘Wet-AI’ combining digital discovery and design of new materials
with green chemistry synthesis and optimisation of materials for industrial readiness. The company has expanded its machine learning capability to ensure engineered solutions are optimised to highly attractive economic solution delivery, unlocking significant value for customers. Immaterial is commissioning its multi-tonne manufacturing facility in Cambridge to supply and enable roll out of its pilots to collaborating customer sites.
Notes
Immaterial Ltd is located at 25 Cambridge Science Park, Milton Road, Cambridge UK. CB4 0FW
New additional A2 investors:
JERA CO, Inc Japan
UBE Corporation Japan