Fern Materials

Private

Berkeley-based materials startup building AI-designed thermal management materials for datacenter cooling.

Founders Elena Torres

CEO Elena Torres

Company

Founded

2023

Headquarters

Berkeley, United States

Financials

Total Funding

$41M

Sectors

Climate Tech Hardware

fernmaterials.com

Funding History

2 rounds

Series A Aug 13, 2026

$32M

Breakthrough Energy Ventures (Lead) Data Collective DCVC Lowercarbon Capital

Seed Mar 30, 2024

$9M

Data Collective DCVC (Lead) Lowercarbon Capital

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.