Opendata, web and dolomites

Materialize.X

Smart Bio Adhesives for the Wood Industry Powered by Machine Learning

Total Cost €

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EC-Contrib. €

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Partnership

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 Materialize.X project word cloud

Explore the words cloud of the Materialize.X project. It provides you a very rough idea of what is the project "Materialize.X" about.

december    integrate    cheaper    there    market    valued    patented    cope    fees    successfully    experiencing    materialize    formaldehyde    industry    submitted    wood    countries    uk    restrictive    closing    alternative    2016    450    humans    tightly    soy    members    epa    innovation    pct    fund    error    putting    saas    dual    productivity    quantities    slow    software    expensive    founded    manufacturing    cancer    optimization    works    grade    connected    tightening    business    health    toxic    adhesives    bio    pressed    trouble    global    scalable    trial    angels    interconnected    environment    too    react    manufacturers    adhesive    streams    eco    fee    faster    250    regulation    regulations    raised    industrial    globally    company    leader    feedstock    15    team    billion    sustainable    adds    pushing    revenue    engineering    biologically    engineered    compliant    2018    license    investment    press    line    round    proprietary    350    hardware    lignin    model    boards   

Project "Materialize.X" data sheet

The following table provides information about the project.

Coordinator
MATERIALIZE.X LIMITED 

Organization address
address: FLAT 2 1 FYFIELD ROAD
city: LONDON
postcode: SW9 7HW
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country United Kingdom [UK]
 Project website http://www.materializex.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-08-01   to  2018-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    MATERIALIZE.X LIMITED UK (LONDON) coordinator 50˙000.00

Map

 Project objective

There is currently no scalable, sustainable and non-toxic adhesive for the engineered wood industry. Manufacturers are having trouble to cope with more restrictive regulations (EU REACH, EPA) on formaldehyde-based adhesives for engineered wood products. Some manufacturers are experiencing around 15% productivity loss due to recent regulation tightening. Current adhesives are toxic to humans and have been connected to health problems (i.e. cancer), and new bio-based adhesives such as soy or lignin are not available in large quantities, are too slow to react in the press and too expensive At Materialize.X, we have developed a biologically based adhesive that works within an industrial environment and is produced from an alternative feedstock, compliant with current regulations. On top of that, we offer a support software for optimization of production. Our software and hardware are tightly interconnected: by modelling the manufacturing process, we can integrate our adhesive into the production line much faster and cheaper than with current trial and error methods. Our company was founded in December 2016, and our team of 5 members has been able to successfully produce industrial-grade wood engineered pressed wood boards. To fund our innovation development and go to market we have already raised 350.000€ from business angels and are now closing a 450.000€ investment round. The adhesives market is valued at €50 billion/year and the engineered wood market at €250 billion euro/year (in 7 EU countries it adds to €20 billion). Our business model is based on dual revenue streams: SaaS fees for the software and a license fee for the use of our proprietary adhesive (UK patented, PCT to be submitted in May 2018). We expect Materialize.X to become the main bio-based adhesive in the EU and globally, pushing for formaldehyde phase-out and putting the European wood engineering industry at the global leader in eco-innovation.

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The information about "MATERIALIZE.X" are provided by the European Opendata Portal: CORDIS opendata.

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