Element takes minority stake in Plastometrex via Element Ventures fund

  • Element Ventures-backed Element Materials Technology took a strategic minority stake in Cambridge materials-testing start-up Plastometrex on July 13, 2020.
  • Deal gives Element access to Plastometrex’s software-led indentation testing technology using numerical modelling, optimisation algorithms, machine learning.
  • Plastometrex targets faster, automated, lower-cost alternatives to destructive mechanical testing for supply chain assurance.
  • Partnership provides Plastometrex access to Element’s customer network, technical experts, testing capabilities, historical testing data to support commercialization.


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