Material Impact Management, LLC
SEC exempt reporting adviser (venture capital exemption).
- HQ
- MA
Material Impact Management, LLC is a venture firm that builds deep tech companies powered by material science. It backs inception-stage companies developing products for urgent human needs. Its co-founders and managing partners are Carmichael Roberts and Adam Sharkawy. Its debut fund focused on materials technology.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Pre-seed, Seed | Not enough dated deals | Series A, Seed, Series B |
| Sectors | Healthtech, Biotech, Robotics, Advanced materials | Not enough dated deals | Robotics, Advanced materials, Biotech, Manufacturing |
| Regions | Global | Not enough dated deals | MA |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2015 | 1 | Advanced materials, Robotics |
| 2017 | 1 | Biotech |
| 2018 | 2 | Advanced materials, Devtools, Manufacturing |
| 2019 | 4 | Biotech, Manufacturing, Climate hardware |
| 2020 | 4 | Digital health, Robotics, Advanced materials |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 1 | 0 | 0 |
| 2016 | 0 | 0 | 0 | 0 | 0 |
| 2017 | 0 | 0 | 0 | 1 | 0 |
| 2018 | 0 | 0 | 1 | 0 | 1 |
| 2019 | 0 | 1 | 2 | 1 | 0 |
| 2020 | 0 | 2 | 0 | 1 | 1 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| BEV Follow-On Fund I, LLC Material Impact backs inception-stage deep tech companies powered by material science, building products that address urgent human needs and help future-proof the planet. Inferred from the firm's website | 2024 | $150M (Form D) | Open, writing first checks |
| Material Impact Fund III, L.P. Material Impact backs inception-stage deep tech companies powered by material science, building products that address urgent human needs and help future-proof the planet. Inferred from the firm's website | 2022 | $312.7M to $343.6M (Form D and SEC adviser filing) | Late investment period |
| Material Impact Fund II, L.P. | 2020 | $205M (Form D) | Follow-ons only |
03 · People across funds
- Adam Sharkawy, Co-Founder & Managing Partner
Material Impact Fund III, L.P. (Named on Form D); Material Impact Fund II, L.P. (Named on Form D)
- Carmichael Roberts, Co-Founder & Managing Partner
BEV Follow-On Fund I, LLC (Named on Form D); Material Impact Fund III, L.P. (Named on Form D); Material Impact Fund II, L.P. (Named on Form D)
- Eric Toone
BEV Follow-On Fund I, LLC (Named on Form D)
- Rodrigo Guidero
BEV Follow-On Fund I, LLC (Named on Form D)
- Adam Sharkawy, PhD, Co-Founder & Managing Partner
BEV Follow-On Fund I, LLC (Team); Material Impact Fund III, L.P. (Team); Material Impact Fund II, L.P. (Team)
- Ben Schlatka, Company Building Partner
BEV Follow-On Fund I, LLC (Team); Material Impact Fund III, L.P. (Team); Material Impact Fund II, L.P. (Team)
- Carmichael Roberts, PhD, Co-Founder & Managing Partner
BEV Follow-On Fund I, LLC (Team); Material Impact Fund III, L.P. (Team); Material Impact Fund II, L.P. (Team)
- Christian Theriault, Partner
BEV Follow-On Fund I, LLC (Team); Material Impact Fund III, L.P. (Team); Material Impact Fund II, L.P. (Team)
- Corinna Chen, Partner
BEV Follow-On Fund I, LLC (Team); Material Impact Fund III, L.P. (Team); Material Impact Fund II, L.P. (Team)
- Ezgi Emiroglu, Venture Associate
BEV Follow-On Fund I, LLC (Team); Material Impact Fund III, L.P. (Team); Material Impact Fund II, L.P. (Team)
- Melissa Fensterstock, Company Building Advisor
On the team page, not linked to a fund
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- HTTP://WWW.MATERIALIMPACT.COM
- https://www.materialimpact.com/
- https://www.materialimpact.com/companies
- https://www.materialimpact.com/team/
- https://www.materialimpact.com/press/
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026