MATTER and Peachscore Announce Strategic Partnership to Support Frontier Tech Startups
MATTER will implement Peachscore's startup scoring platform as a key pillar of its portfolio of events and initiatives to fast-track the investment process for Materials Deep Tech.
LOS ANGELES, May 31, 2022 (Newswire.com) - MATTER, Inc. has formed a strategic partnership with Peachscore to empower early-stage companies in the Frontier Materials ecosystem with the resources to acquire funding more effectively. The two organizations will enable startups to position themselves competitively and streamline their outreach to investors. It will also enable investors and corporate venture partners to better evaluate and target leading Materials Deep Tech startups.
Peachscore is a platform that generates a FICO-Like score and reports for early-stage companies. The platform assists entrepreneurs to launch, plan, manage, and grow their businesses by providing automated feedback. The Peachscore model helps investors and corporations who want to support early-stage materials innovators to pre-qualify the engagement and process more opportunities in a fraction of the time.
MATTER and Peachscore will develop a unique methodology for the Frontier Tech ecosystem to accelerate engagement for startups, investors, and venture partners using Peachscore's platform. This partnership will materialize during MATTER's flagship event PUZZLE X™, taking place 15-17 November 2022 in Barcelona.
PUZZLE X™ is an international event and 365-day venture builder fast-tracking the development of Materials Deep Technologies towards a sustainable future. Peachscore's FICO-like score will be implemented in PUZZLE X™ startup initiatives, including the criteria for evaluating materials startups invited to pitch. X-PITCH is a curated investor session where bleeding-edge startups pitch in front of an international panel of investors.
Peachscore will be presenting at PUZZLE X™ 2022 to discuss the challenges that the startup ecosystem faces in this new post-pandemic era. These challenges embody both the founders and the investors alike. One common theme that has remained is the founder's desire to get connected and heard by investors and the investor's desire to only connect with prequalified companies that meet their investment thesis. This results in 99% of the ecosystem failing to achieve its optimal potential. This is why the Peachscore platform has been created to support the full ecosystem.
Dr. Zina Jarrahi Cinker, General director at MATTER, Inc. said that: "This partnership will give us a solid foundation to help Frontier Materials investors and corporate partners evaluate and target leading Frontier Materials startups."
"We're excited to be partnering with MATTER to help Frontier Materials startups to build much stronger companies and communicate their value at the warp speed to investors and other stakeholders", said Alex Mojtahedi, CEO of Peachscore.
About PUZZLE X™
An initiative of MATTER, Inc., PUZZLE X™ is a global event and 365-day venture builder fast-tracking the development of Materials Deep Tech for the UN Sustainable Development Goals. Supported by the Government of Spain, Generalitat of Catalonia, and Barcelona City Hall, PUZZLE X is a Frontier Tech ecosystem generator for startups, industry, scientific institutions, tech hubs, investors, governments, and civil societies. MATTER is the leading international association for the Frontier Materials ecosystem of over 30 country chapters leading the initiative in partnership with Fira Barcelona and Mobile World Capital to create the world's first Frontier Materials hub.
A universal platform that uses data intelligently to assist and assess early-stage businesses at scale. Peachscore mission is to standardize information delivery in a single format to provide a consistent evaluation process in the private sector for all stakeholders.