# Advanced Materials Startups That Raised in 2026: Market Map of 34 Companies

> The 34 advanced materials startups that raised money in 2026, mapped in 5 segments and ranked by this year's rounds: $1.2B between them. Updated nightly.

Source: https://millionrounds.com/market-maps/advanced-materials-raised-2026-market-map (Millionrounds; every figure on the page links to its filing or article)

## Materials discovery and AI

8

- [Orbital Industries](https://millionrounds.com/company/orbital-industries)
- [Radical Numerics](https://millionrounds.com/company/radical-numerics)
- [Translucent](https://millionrounds.com/company/translucent)
- [Palomino Laboratories](https://millionrounds.com/company/palomino-laboratories)
- [Alqem](https://millionrounds.com/company/alqem)
- [Semarion](https://millionrounds.com/company/semarion)
- [Meissner](https://millionrounds.com/company/meissner)
- [Lila Sciences](https://millionrounds.com/company/lila-sciences)

## Graphene and carbon

8

- [iGii](https://millionrounds.com/company/igii)
- [DexMat](https://millionrounds.com/company/dexmat)
- [Graphene Manufacturing Group](https://millionrounds.com/company/graphene-manufacturing-group)
- [BeDimensional](https://millionrounds.com/company/bedimensional)
- [Grafenary](https://millionrounds.com/company/grafenary)
- [Evercloak](https://millionrounds.com/company/evercloak)
- [iCOMAT](https://millionrounds.com/company/icomat)
- [Cambridge Raman Imaging](https://millionrounds.com/company/cambridge-raman-imaging)

## Battery and energy materials

8

- [Princeton NuEnergy](https://millionrounds.com/company/princeton-nuenergy)
- [NanoTech Materials](https://millionrounds.com/company/nanotech-materials)
- [Northern Gritstone](https://millionrounds.com/company/northern-gritstone)
- [AeroShield Materials](https://millionrounds.com/company/aeroshield-materials)
- [Licube](https://millionrounds.com/company/licube)
- [Mantle Energy](https://millionrounds.com/company/mantle-energy)
- [Linca](https://millionrounds.com/company/linca)
- [Integrals Power](https://millionrounds.com/company/integrals-power)

## Bio-based materials

5

- [Mykor](https://millionrounds.com/company/mykor)
- [Zymochem](https://millionrounds.com/company/zymochem)
- [ecovia I bio](https://millionrounds.com/company/ecovia-i-bio)
- [Altered Materials](https://millionrounds.com/company/altered-materials)
- [Nanoloom](https://millionrounds.com/company/nanoloom)

## Metals and alloys

5

- [Phoenix Tailings](https://millionrounds.com/company/phoenix-tailings)
- [Principal Mineral](https://millionrounds.com/company/principal-mineral)
- [*S* Sinchin](https://millionrounds.com/company/sinchin)
- [Intalus](https://millionrounds.com/company/intalus)
- [Phosio Corporation](https://millionrounds.com/company/phosio-corporation)

## Segment by segment

### Materials discovery and AI

8 startups · $160M raised

- [**Orbital Industries**](https://millionrounds.com/company/orbital-industries) Orbital Industries is an AI industrial company founded in 2022, specializing in the integration of artificial intelligence into th United Kingdom $50M
- [**Radical Numerics**](https://millionrounds.com/company/radical-numerics) Radical Numerics is an AI lab dedicated to advancing scientific superintelligence through its Automated AI Research Factory. United States $50M
- [**Translucent**](https://millionrounds.com/company/translucent) Translucent, Inc. United States $27M
- [**Palomino Laboratories**](https://millionrounds.com/company/palomino-laboratories) Palomino Laboratories develops compound semiconductor and MicroLED-based optical interconnect technologies for AI and data communication. United States $17M
- [**Alqem**](https://millionrounds.com/company/alqem) Alqem is a Munich-based deep tech startup founded in 2026 by Dr. Germany $9.1M
- [**Semarion**](https://millionrounds.com/company/semarion) Semarion is a University of Cambridge spin-out company founded in 2018, focused on accelerating *in vitro* drug discovery. United Kingdom $3.8M
- [**Meissner**](https://millionrounds.com/company/meissner) MEISSNER is a materials company dedicated to discovering and commercializing high-temperature superconductors that do not rely on Canada $2.6M
- [**Lila Sciences**](https://millionrounds.com/company/lila-sciences) Lila Sciences is a biotechnology company based in Cambridge, Massachusetts, founded in 2023 through a merger of two projects from United States $671K

### Graphene and carbon

8 startups · $43M raised

- [**iGii**](https://millionrounds.com/company/igii) iGii is a Scotland-based advanced materials company founded in 2016, previously known as Integrated Graphene. United Kingdom $16M
- [**DexMat**](https://millionrounds.com/company/dexmat) DexMat is an advanced materials company based in Houston, Texas, founded in 2015. United States $10M
- [**Graphene Manufacturing Group**](https://millionrounds.com/company/graphene-manufacturing-group) Graphene Manufacturing Group operates as a clean-technology graphene manufacturer. Australia $10M
- [**BeDimensional**](https://millionrounds.com/company/bedimensional) BeDimensional is a global manufacturer of graphene and other two-dimensional materials with few atomic layers. Italy $3.6M
- [**Grafenary**](https://millionrounds.com/company/grafenary) Graphenary creates unique graphene optical devices using graphene materials with a variety of remarkable features. Japan $1.5M
- [**Evercloak**](https://millionrounds.com/company/evercloak) Evercloak is a cleantech startup that specializes in manufacturing ultra-thin graphene and other 2D nanomaterial films. Canada $1.4M
- [**iCOMAT**](https://millionrounds.com/company/icomat) Revolutionary production equipment for the manufacturing of advanced carbon fibre composite parts. United Kingdom $806K
- [**Cambridge Raman Imaging**](https://millionrounds.com/company/cambridge-raman-imaging) Cambridge Raman Imaging is developing a microscope which uses graphene to modulate ultra-short pulses of light to diagnose cancer tumours. United Kingdom $158K

### Battery and energy materials

8 startups · $119M raised

- [**Princeton NuEnergy**](https://millionrounds.com/company/princeton-nuenergy) Princeton NuEnergy is a clean-tech startup focused on direct recycling technology for lithium-ion batteries. United States $50M
- [**NanoTech Materials**](https://millionrounds.com/company/nanotech-materials) NanoTech Materials, Inc. United States $29M
- [**Northern Gritstone**](https://millionrounds.com/company/northern-gritstone) Northern Gritstone is an investment firm focused on investing in advanced materials, energy, health technology and cognitive computation. United Kingdom $13M
- [**AeroShield Materials**](https://millionrounds.com/company/aeroshield-materials) AeroShield Materials is a materials science company based in Cambridge, Massachusetts, founded in 2019 as a spinout from MIT. United States $10M
- [**Licube**](https://millionrounds.com/company/licube) Licube develops ultra-high purity (4N+) lithium hydroxide for EVs, aerospace, semiconductors, and advanced energy storage. United States $8.5M
- [**Mantle Energy**](https://millionrounds.com/company/mantle-energy) Mantle Energy develops activated geothermal systems that repurpose depleted wells to generate low-carbon baseload power. United States $5.0M
- [**Linca**](https://millionrounds.com/company/linca) Linca is a critical mineral recovery company that specializes in extracting lithium, nickel, and cobalt from end-of-life lithium-i New Zealand $2.9M
- [**Integrals Power**](https://millionrounds.com/company/integrals-power) Integrals Power is a battery nanomaterial company. United Kingdom $288K

### Bio-based materials

5 startups · $12M raised

- [**Mykor**](https://millionrounds.com/company/mykor) Mykor is a UK-based biotechnology and advanced materials company founded in 2021. United Kingdom $5.6M
- [**Zymochem**](https://millionrounds.com/company/zymochem) Zymochem provides a carbon-efficient bio-manufacturing platform that converts renewable feedstocks into bio-based materials. United States $4.0M
- [**ecovia I bio**](https://millionrounds.com/company/ecovia-i-bio) ecovia I bio offers high-performing biobased ingredients and materials from sustainable processes. United States $1.5M
- [**Altered Materials**](https://millionrounds.com/company/altered-materials) Altered Materials develops biodegradable plant-responsive encapsulation for agricultural chemicals Italy $291K
- [**Nanoloom**](https://millionrounds.com/company/nanoloom) Nanoloom is creating the biodegradable material of the future from graphene that will transform industries and propel them into the future. United Kingdom $169K

### Metals and alloys

5 startups · $834M raised

- [**Phoenix Tailings**](https://millionrounds.com/company/phoenix-tailings) Founded to bring a new level of sustainability and efficiency to the mining industry by enabling new sources of primary metals. United States $530M
- [**Principal Mineral**](https://millionrounds.com/company/principal-mineral) Principal Mineral is a Dallas-based company focused on developing and scaling domestic production of strategic metals, high-perfor United States $280M
- [*S* **Sinchin**](https://millionrounds.com/company/sinchin) Xinchuan New Material is a manufacturer of nano-scale metal powder. - $15M
- [**Intalus**](https://millionrounds.com/company/intalus) INTALUS, Inc. United States $5.3M
- [**Phosio Corporation**](https://millionrounds.com/company/phosio-corporation) Phosio Corporation is an advanced materials company based in Corvallis, Oregon. United States $4.0M

**How this map is made.** Every startup here has raised money in rounds we track, and raised in 2026. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in advanced materials, and goes to the first segment whose words it carries. Each segment shows its biggest raisers this year first. Rebuilt nightly; updated 15 November 2026.

## More market maps

[All maps](https://millionrounds.com/market-maps)

[Market map **Advanced materials market map** 139 startups · 6 segments · $3.4B](https://millionrounds.com/market-maps/advanced-materials-market-map)[New wave **New advanced materials startups, founded 2020 on** 29 startups · 6 segments · $809M](https://millionrounds.com/market-maps/new-advanced-materials-startups-market-map)[Investors map **Who invests in advanced materials** 28 investors · 3 segments](https://millionrounds.com/market-maps/advanced-materials-investors-map)[Market map · United States **Advanced materials market map: United States** 58 startups · 6 segments · $2.0B](https://millionrounds.com/market-maps/advanced-materials-united-states-market-map)[Market map · Europe **Advanced materials market map: Europe** 41 startups · 6 segments · $714M](https://millionrounds.com/market-maps/advanced-materials-europe-market-map)[Market map · United Kingdom **Advanced materials market map: United Kingdom** 20 startups · 4 segments · $241M](https://millionrounds.com/market-maps/advanced-materials-united-kingdom-market-map)

## Who backs advanced materials?

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