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Europe’s magnet supply chain push gets €8 million boost from German startup alqem

alqem, a Munich-based DeepTech startup building an AI-driven engine to discover and commercialise next-generation materials, has raised €8 million in pre-Seed funding in their effort to establish a European-led supply chain for materials. The round was co-led by UVC Partners and

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alqem, a Munich-based DeepTech startup building an AI-driven engine to discover and commercialise next-generation materials, has raised €8 million in pre-Seed funding in their effort to establish a European-led supply chain for materials. The round was co-led by UVC Partners and Union Square Ventures. “For the first time, we have a map of the materials universe.

Not just a few known compounds, but hundreds of millions of possibilities we can now systematically explore and bring to the world. Materials that will make electric vehicles more energy efficient, wind turbines more powerful, and critical supply chains independent from single-country control,” says Dr. Hanh Nguyen, CEO, alqem.

2026 coverage points to continued funding activity across AI-enabled materials discovery, critical raw materials, advanced manufacturing and adjacent industrial DeepTech. Directly comparable examples include London-based Polaron’s €6.7 million raise for AI-led materials science and Paris/Boston-based Alice & Bob’s €3.

4 million ARPA-E award for rare-earth-free magnet discovery using quantum computing. In Germany, Würzburg-based WeSort.AI raised €10 million to scale AI-based recovery of critical raw materials, making it a same-country comparator focused on supply-chain resilience.

Across 2026, funding in direct and adjacent materials-related companies totals approximately €123 million. “alqem is a startup with world-class science translated into a company tackling one of Europe’s most strategic industrial challenges. Advanced materials sit at the heart of the technologies that will define the next decades, from clean energy to mobility to defense.

alqem has the unique scientific foundation with the entrepreneurial drive to build a category leader in this field,” says Amanda Birkenholz, Principal, UVC Partners. alqem was founded in 2026 by Dr. Hanh Nguyen (CEO), a chemicals and energy executive with 15+ years across McKinsey, Unilever, and OCI Global, where she led billion-euro clean ene

Nguồn: EU-Startups

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