Company profile: GenMat
1.1 - Company Overview
Company description
- Provider of AI- and machine learning-powered computational materials solutionsβsoftware, synthesis and fabrication toolsβfor developing advanced materials like semiconductors, titanium dioxide and gallium nitride; satellite-based hyperspectral imaging for prospecting and data analysis; mission control software integrating real-time data, communication and monitoring; and an AI- and quantum-computing materials discovery platform.
Products and services
- Materials Discovery Platform: Quantum-enhanced platform leveraging AI and quantum computing to accelerate discovery and design of new materials for various applications
- Computational Materials Solutions: Industrial-grade suite integrating software, synthesis, and fabrication tools to engineer advanced materials including semiconductors, titanium dioxide, and gallium nitride
- Hyperspectral Imaging Solutions: Satellite-grade system fusing satellite-based hyperspectral imaging with machine-learning models for high-precision prospecting and data analysis
Key contacts
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Financial details
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1.2 - Competitors and similar companies to GenMat
Recraft
HQ: United States
Website
- Description: Provider of a generative AI design platform that enables professional designers, illustrators, and marketers to create and edit high-quality visuals, including vector art, illustrations, icons, and 3D graphics. Its proprietary Recraft V3 model offers precise control over visual elements, including placement and appearance of text and images.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Luma AI
HQ: United States
Website
- Description: Provider of generative AI tools for transforming text descriptions into 3D models. Offers Genie, a web and iOS tool that creates 3D objects from text in under 10 seconds, and an Interactive Scenes & Assets API for programmatic generation of interactive 3D scenes and assets, including a viewer, mesh outputs, and exports such as Gaussian Splat PLY and Unreal Engine files.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Absci
HQ: United States
Website
- Description: Provider of an integrated drug creation platform that combines deep learning AI and synthetic biology to design, test, and validate biologic therapeutics. Services include de novo antibody design, AI-powered antibody optimization, novel target identification, and SoluPro technology to produce protein variant data, enabling rapid creation from AI-designed antibodies to wet labβvalidated candidates.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Limitless
HQ: United States
Website
- Description: Provider of AI-driven productivity tools for businesses, including Rewind to locally capture, compress, transcribe, encrypt, and store screen and audio data for searchable recall; Meetings to automate note-taking and deliver human-level summaries across Zoom, Meet, and Teams; Backup to automatically preserve and retrieve lost work; and an AI Assistant to find details, draft emails, and summarize using personalized data and GPT-4.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Writer
HQ: United States
Website
- Description: Provider of a full-stack generative AI platform for enterprises, enabling businesses to use large language models to generate writing and content across operations, products, sales, human resources, and marketing. The platform integrates LLMs, graph-based RAG, AI guardrails, and development to deliver transformative ROI.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for GenMat
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Buyer group 1: ββββββββ ββββββββ
ββ companies
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Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
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Buyer group 2: ββββββββ ββββββββ
ββ companies
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Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
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Buyer group 3: ββββββββ ββββββββ
ββ companies
Description: ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to GenMat
2.2 - Growth funds investing in similar companies to GenMat
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4 - Top valuation comps for GenMat
4.2 - Public trading comparable groups for GenMat
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