Spoon Labs Valuation, Funding & Investors

Lusix is an Israeli company producing lab-grown diamonds via chemical vapor deposition for jewelry and industrial uses like tools and optics. Operating from Rehovot since 2015, it manufactures Type IIa diamonds up to 3 carats with gem-quality clarity. The firm supplies wholesalers in the United States, Europe, and Asia, focusing on ethical, conflict-free alternatives to mined stones.

Zotefoams PLC is engaged in the manufacturing of polymer foam using bespoke autoclave technology to produce foams with attributes. Its block foams are sold under the AZOTE, T-FIT, ZOTEK, and other brand names. The company serves automotive, aerospace, packaging, industrial parts, marine, building and construction, military, medical, and sports and leisure industries. It has three main operating segments Polyolefin foams, High-Performance Products, and MuCell Extrusion LLC. The maximum revenue to the company is generated from the High-Performance Products.

Nanoramic Laboratories is a materials technology company centered on its Neocarbonix electrode platform for lithium-ion batteries. The 3D carbon binder replaces PVDF and NMP solvents, boosting energy density, charge rates, manufacturing efficiency, and recyclability while fitting existing production lines. Applications span electric vehicles, consumer electronics, and grid storage. It also supplies ultracapacitors and thermal interface materials from carbon nanotechnology expertise.

Vulcan Elements is a manufacturer of sintered neodymium-iron-boron magnets for defense and commercial applications. Sourcing materials from the U.S. and allies, it runs a production and R&D facility in Durham, North Carolina, supporting Department of Defense programs and expanding capacity.

Fortera is a Sunnyvale-based materials science company developing carbon-negative cement additives that mineralize CO2 into concrete during production. Founded in 2022, its SkyMaker process captures flue gas from cement kilns, producing aggregates that replace 10 percent of traditional clinker. Fortera pilots with manufacturers in California, aiming to cut industry emissions by gigatons annually through scalable electrochemical tech.

Phoenix Tailings is a Massachusetts-based technology company developing processes to recycle bauxite residue, known as red mud, from aluminum production to recover rare earth elements and critical minerals. The firm targets materials essential for defense, electric vehicles, electronics, and biotechnology sectors, operating pilot facilities that process thousands of tons annually. Founded in 2021, Phoenix Tailings partners with aluminum producers in the United States and Australia to remediate over 4 billion tons of global stockpiles.

Australian Strategic Materials Ltd is engaged in the business of producing and mining specialty metal and oxides. The product portfolio includes neodymium, praseodymium, zirconium, hafnium, dysprosium, terbium and niobium oxides. Its Dubbo Project includes Central Western New South Wales, Australia. The company's segment includes Corporate, Dubbo, and Korea. The company generates majority of its revenue from Korea, which includes the Korean Metals Plant.

Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.

Canatu PLC creates nano solutions. It is developing carbon nanotubes (Canatu CNTs) and CNT reactors for the semiconductor, automotive, and medical diagnostics industries. The group focuses on creating the carbon nanotubes for industry-transforming products.

Cambium is a Boston-based deep tech company engineering biomaterials from fungal mycelium for defense armor, aerospace components, and renewable energy panels. Founded in 2020, it combines synthetic biology with automation to produce leather alternatives stronger than Kevlar. Cambium supplies prototypes to DARPA and NASA programs.

Metal Powder Works Ltd is focused on producing high-quality metal powders for additive manufacturing. The company is engaged in two segments -Welding Technology in which there is development and commercialisation of proprietary high-speed precision welding solutions that improve the economics of fabrication and second is Metal Powders which includes Manufacture and supply of high-quality metal powders and related technologies for advanced manufacturing, additive manufacturing (3D printing), and other industrial applications.

Magnera Corp is a supplier of a diverse portfolio of specialty materials comprised of organic and synthetic raw ingredients. The company markets its own products predominantly into stable, consumer-oriented end markets, including wipes, healthcare, adult incontinence, apparel, baby, feminine care, air filtration, and food and beverage, for disposable and durable applications. It also provides technical solutions in infrastructure markets. The company’s operations are organized into two operating and reportable segments: Americas and Rest of World. It derives the majority of its revenue from the Americas, which manufactures products and components of personal care, including medical garments, wipes, dryer sheets, filtration, baby diapers and adult incontinence.

Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Energy Industrial segment and the United States market. Some of its products include Pyrogel XTE; Cryogel Z; Spaceloft Subsea; and others.

Paragraf is a Cambridge, United Kingdom-based producer of graphene-based electronic devices using chemical vapor deposition technology. The company manufactures graphene Hall sensors, field-effect transistors, and memory devices for automotive, industrial sensing, and consumer electronics. Its CSG platform enables contamination-free production at scale. Founded in 2017, Paragraf supplies components to Siemens and partners with universities for next-generation semiconductors.

Suzhou Kerun New Materials is a Suzhou-headquartered enterprise specializing in research, development, and production of perfluorinated ion exchange membranes. These materials support proton exchange membrane fuel cells, vanadium redox flow batteries, and electrolytic hydrogen production systems for clean energy applications.