Yesterday Matter Intelligence (PearX S23 Pear VC) announced?their $12M Seed round led by Lowercarbon Capital.
Many people ask how we make decisions about companies at the zero stage.
I met?Vishnu Sridhar?in January 2023 when I was providing?feedback to some Harvard Business School teams as part of a class led by?Prof. Thomas Eisenmann.
I was smitten. First, Vishnu Sridhar had deep expertise in space- he had worked at NASA Jet Propulsion Laboratory for almost seven years, where he led the work on Mars Rover Perseverance Mission’s research instrument known as the SuperCam and where he received multiple awards. Vishnu's interest in space dates from childhood. He talks about watching National Geographic, and “Cosmos: A Personal Voyage,” a thirteen-part, 1980 television series and sending a weather balloon up to ~110,000 feet with a couple of instruments as pivotal moments that sparked his love?for space.
Second, Vishnu was on his own personal mission to build a company to collect data about earth never collected before.?He wanted to build?a?hyperspectral sensor, deploy it on a satellite and then across an entire constellation. It sounded a bit crazy but it was clear that nothing was going to stop Vishnu.
Vishnu's knowledge, ambition, clarity of mind and building a company that would end up with proprietary data convinced us to make an investment.
We backed Vishnu and his team a couple of months?later and they joined?PearX S23. At PearX, we worked closely every week for?fourteen weeks with?Vishnu and his team,?understanding the most urgent market opportunities, closing initial LOIs and developing a detailed plan for the first satellite. Following PearX, they closed their seed round.?
We are excited?to work with?Vishnu Sridhar, Thomas Chrien and Nathan Stein as they build?Matter Intelligence. Their advanced sensor technology, with 500x data density of any existing?solution, delivers?sub-meter resolution and opens up the door for many commercial applications - insurance, agriculture, mining, government and others.
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