Tech Company Financing Transactions
Materials Market Funding Round
Materials Market, based in London, England, received $2.7 million in funding from Fuel Ventures, Active Partners and private investors.
Transaction Overview
Company Name
Announced On
5/1/2025
Transaction Type
Venture Equity
Amount
$2,660,000
Round
Undisclosed
Investors
Fuel Ventures (Lead Investor)
Proceeds Purpose
The investment aims to accelerate the company's mission to modernise the UK's fragmented and inefficient building materials sector.? The £2M will be used to enhance the platform's technology, expand the team, and explore new ways to connect customers and suppliers more efficiently. This move aligns with the government's target to build 1.5 million homes by the end of the current term.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
55 Charlotte Road
London, England, EC2A 3QF
UK
London, England, EC2A 3QF
UK
Phone
Website
Email Address
Overview
Materials Market Ltd is a UK-based online platform that connects customers with a network of over 750 vetted building material suppliers. Founded by Andrew Garrett Haehn and Samuel Fred Hunt, the company aims to simplify the procurement process for construction materials by offering competitive pricing, fast delivery, and a wide range of products. Their supplier network includes both major industry players and small independent merchants, ensuring a comprehensive selection for customers. The company is backed by London-based venture capital firm Fuel Ventures and employs a dedicated team of professionals to support its operations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
James Mackenzie
Browse more venture capital transactions:
Prev: 5/1/2025: Epicore Biosystems venture capital transaction
Next: 5/1/2025: Astronomer venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs