MatAlytics

MatAlytics, a Midlands-based innovator in structural physics AI for critical industrial assets, has successfully secured £619k in grant funding from Innovate UK. This funding will facilitate the deployment of its CITRUS software in the steel manufacturing sector, aiming to improve prediction of thermomechanical behaviour and microstructure of steel.

Summary of transaction details:

• Value: £619k
• Sector: DeepTech & AI
• Advisor: Not mentioned
• Key Entities: MatAlytics (Target), Innovate UK (Investor)
• Location: Midlands, UK (Target company)

Note: The grant reinforces MatAlytics' technology roadmap, enabling the company to gain early commercial traction with UK industry partners and strengthen British leadership in physics-informed AI for critical industrial applications. It also supports expansion of technical and commercial staff.