Discovered Materials, a technology company, has secured $9 million in funding to develop novel materials that can help improve the efficiency of computer chips. The company aims to find materials that can effectively dissipate heat generated by chips, a key challenge in the development of faster and more powerful computing devices. This effort is part of a broader push to advance semiconductor technology. The development of more efficient chips could have significant implications for industries that rely on computing power, such as artificial intelligence and cloud computing.