New wave · Worldwide

New advanced materials startups, founded 2020 on

The new wave: 29 advanced materials startups founded in 2020 or later that have raised money in rounds we track, $809M between them, placed in 6 segments.

29startups on the map
6segments
$809Mraised between them
Metals and alloysmost funded segment

Materials discovery and AI

6

Graphene and carbon

6

Battery and energy materials

5

Bio-based materials

4

Metals and alloys

4

Coatings and films

4

Segment by segment

Materials discovery and AI

6 startups · $146M raised

  1. Radical AIRadical AI is a materials science company founded in 2024 and based in New York, New York.United States$55M
  2. Orbital IndustriesOrbital Industries is an AI industrial company founded in 2022, specializing in the integration of artificial intelligence into thUnited Kingdom$50M
  3. Albert InventAlbert Invent is an AI-powered, cloud-based R&D platform that enhances materials science and chemical innovation.United States$20M
  4. EntalpicEntalpic is a Paris-based startup founded in 2024 that specializes in AI-driven materials discovery.France$9.4M
  5. StoicheiaStoicheia is a nanotechnology company accelerating materials discovery by defining and expanding the materials genome.United States$9.1M
  6. MeissnerMEISSNER is a materials company dedicated to discovering and commercializing high-temperature superconductors that do not rely on Canada$2.6M

Graphene and carbon

6 startups · $259M raised

  1. Black SemiconductorBlack Semiconductor is a German startup based in Aachen, specializing in semiconductor technology.Germany$247M
  2. AvadainAvadain is a manufacturer of graphene flakes.United States$5.0M
  3. Danish GrapheneAdvanced materials companyDenmark$4.0M
  4. Granode MaterialsGranode Materials develops a new method for producing a new graphene-based anode material for lithium-ion batteries.Sweden$1.3M
  5. GraphEnergyTechBringing together expertise from the worlds of graphene and solar cell design to enable low-cost manufacturing of high-efficiency Switzerland$1.3M
  6. Graphene TraceGraphene Trace is a company to help wheelchair users and hospitals prevent against pressure ulcers.United Kingdom$323K

Battery and energy materials

5 startups · $29M raised

  1. QNQina New EnergyQina New Energy specialized in the research, development, and production of composite sodium iron phosphate materials and their precursors.-$14M
  2. LicubeLicube develops ultra-high purity (4N+) lithium hydroxide for EVs, aerospace, semiconductors, and advanced energy storage.United States$8.5M
  3. CCChina Carbon Port EnergyChina Carbon Port Energy is a materials technology company that specializes in the development of graphite and superconducting materials.-$2.8M
  4. Integrals PowerIntegrals Power is a battery nanomaterial company.United Kingdom$2.2M
  5. CancrieCancrie Private Limited is a clean-tech and advanced materials startup founded in 2020 by Akshay Jain and Mahi Singh, based in JaiUnited States$1.2M

Bio-based materials

4 startups · $20M raised

  1. MykorMykor is a UK-based biotechnology and advanced materials company founded in 2021.United Kingdom$8.4M
  2. Arda BiomaterialsArda Biomaterials is a London-based materials science company founded in 2022.United Kingdom$6.8M
  3. EarthodicEarthodic is an Australian materials science business makes useful biobased coatings.Australia$4.0M
  4. Altered MaterialsAltered Materials develops biodegradable plant-responsive encapsulation for agricultural chemicalsItaly$291K

Metals and alloys

4 startups · $323M raised

  1. Principal MineralPrincipal Mineral is a Dallas-based company focused on developing and scaling domestic production of strategic metals, high-perforUnited States$280M
  2. LMLianghang Metal MaterialsLianghang Metal Materials is a metal component manufacturer that focuses on titanium alloy component forming and processing services.-$21M
  3. NDNanjing Damai TechnologyNanjing Damai Technology is a manufacturer of alloy metal materials.China$15M
  4. Milvus AdvancedMilvus Advanced is a UK-based deeptech company located in Oxford, specializing in the production of high-performance nanomaterials.United Kingdom$6.9M

Coatings and films

4 startups · $33M raised

  1. Longsheng OptoelectronicsLongsheng Optoelectronics is a high-tech firm that specializes in manufacturing, & sale of new materials for liquid crystal dimming films.China$14M
  2. LGLattice Grand Advanced Material TechnologyLattice Grand Advanced Material Technology is a manufacturer of high thermal conductivity, thin film circuit ceramic substrates.United States$7.8M
  3. Jolt ElectrodesJOLT is supplying next-generation activated electrodes & protective coating solutions for hydrogen & water treatment electrolysisSpain$6.5M
  4. NanomoxNanomox is a London-based sustainable chemistry startup founded in 2020.United Kingdom$4.2M

How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. 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 best-funded first. Rebuilt nightly; updated 15 November 2026.

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Market mapAdvanced materials market map139 startups · 6 segments · $3.4BRaised in 2026Advanced materials startups that raised in 202634 startups · 5 segments · $1.2BInvestors mapWho invests in advanced materials28 investors · 3 segmentsMarket map · United StatesAdvanced materials market map: United States58 startups · 6 segments · $2.0BMarket map · EuropeAdvanced materials market map: Europe41 startups · 6 segments · $714MMarket map · United KingdomAdvanced materials market map: United Kingdom20 startups · 4 segments · $241M

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