Material Impact

Venture Capital
49investments
$13.8Mraised in 2 rounds
5exits
$137Mraised by its portfolio in 12 months

Overview

Material Impact is a venture capital firm that builds and funds deep tech companies powered by material science. It invests early in breakthrough technologies spanning medical devices, climate, advanced manufacturing and computing, often co-founding companies with scientists. The firm was founded in 2016 by Adam Sharkawy and Carmichael Roberts and is headquartered in Boston, Massachusetts.

Key facts

These are the key facts about Material Impact on Alion as of Nov 13, 2026. Material Impact is headquartered in Boston, United States. It was founded in 2016. It has raised $13.8M in 2 funding rounds. The latest round is Venture - Series Unknown of $11.3M, announced in 2021.

Headquarters
Boston, United StatesAlion company profile, updated Sep 16, 2026
Founded
2016Alion company profile, updated Sep 16, 2026
Employees
10+Alion company profile, an estimated range
Total raised
$13.8MSum of 2 equity rounds Alion knows
Latest round
Venture - Series Unknown · $11.3M · Aug 3, 2021SEC Form D filing · sec.gov
Official records

Investor profile

Venture capital
Investments
49
22 of them startups
Hiring now
13
78 open roles
Rounds in 12 months
8
$137M raised
Exits
5
Focusshare of its companies
Media & Entertainment 20%Hardware 11%Energy & Utilities 11%Food & Beverages 9%Health Care 9%Manufacturing 6%Artificial Intelligence 6%Financial Services 6%
Where its companies are
United States 55%Singapore 2%
Stage of its companies
Series A 61%Pre-seed & seed 17%Series B 11%Series C and later 11%
Its companies, the freshest money firstAll 49 investments
Folio PhotonicsVenture round $9.1M · 1 mo ago CorePower MagneticsVenture round $10.6M · 1 mo ago Oxipital AISeries A · 4 mo ago · 2 roles Foundation AlloySeries A $22M · 4 mo ago · 2 roles Fleet RoboticsVenture round $2.4M · 5 mo ago AmperesandVenture round $80M · 11 mo ago · 26 roles HeatmapVenture round $1M · 15 mo ago 6K AdditiveVenture round $14.8M · 15 mo ago Generation PhoenixVenture round · 16 mo ago AgZenSeries B $10M · 21 mo ago · 5 roles MagLev AeroVenture round $2.3M · 21 mo ago MattiqVenture round $4.5M · 23 mo ago
78 open roles at 13 of its companies
Hiring fastestroles opened in 30 days
World Economic Forum7 new roles in 30 days WP Engine4 new roles in 30 days AgZen3 new roles in 30 days
Co-investorscompanies they hold together
SOSV 2 shared SteelSky Ventures 2 shared IPO Club 2 shared Energy Impact Partners 2 shared Engine Ventures 2 shared KarpReilly 2 shared Elemental Impact 2 shared
Similar investorstheir companies share markets and countries
Techstars NEA Initialized Capital Elevate Ventures Lerer Hippeau Greycroft Bonfire Ventures Y Combinator
Sources: its portfolio page, read Nov 3

Financials

Total raised
$13.8M
Latest round
Venture - Series Unknown
Funding rounds
2
Funding rounds
Round Announced Amount
Venture - Series Unknown 2021 $11.3M Details
Venture - Series Unknown 2016 $2.5M Details

People

Richard Ashenfelter
Executive Officer, Director
SEC Form D
Martin Sirkin
Executive Officer
SEC Form D
Emily Malina
Executive Officer, Director
SEC Form D
Niko Hrdy
Director
SEC Form D
Alex Bondar
Director
SEC Form D
Craig Shapiro
Director
SEC Form D
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Boston United States
HQ
10-50 est. staff

How to cite this page

Alion, "Material Impact: key facts", as of Nov 13, 2026. https://alion.io/company/material-impact

These figures are published under a free licence. You may reuse them, including commercially, as long as you credit Alion and link back to this page. CC BY-SA 4.0