# New Advanced Materials Startups Founded Since 2020: Market Map 2026 (29 Companies)

> 29 advanced materials startups founded in 2020 or later, mapped in 6 segments, best-funded first: $809M raised. Updated nightly.

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

## Materials discovery and AI

6

- [Radical AI](https://millionrounds.com/company/radical-ai)
- [Orbital Industries](https://millionrounds.com/company/orbital-industries)
- [Albert Invent](https://millionrounds.com/company/albert-invent)
- [Entalpic](https://millionrounds.com/company/entalpic)
- [Stoicheia](https://millionrounds.com/company/stoicheia)
- [Meissner](https://millionrounds.com/company/meissner)

## Graphene and carbon

6

- [Black Semiconductor](https://millionrounds.com/company/black-semiconductor)
- [Avadain](https://millionrounds.com/company/avadain)
- [Danish Graphene](https://millionrounds.com/company/danish-graphene)
- [Granode Materials](https://millionrounds.com/company/granode-materials)
- [GraphEnergyTech](https://millionrounds.com/company/graphenergytech)
- [Graphene Trace](https://millionrounds.com/company/graphene-trace)

## Battery and energy materials

5

- [*QN* Qina New Energy](https://millionrounds.com/company/qina-new-energy)
- [Licube](https://millionrounds.com/company/licube)
- [*CC* China Carbon Port Energy](https://millionrounds.com/company/china-carbon-port-energy)
- [Integrals Power](https://millionrounds.com/company/integrals-power)
- [Cancrie](https://millionrounds.com/company/cancrie)

## Bio-based materials

4

- [Mykor](https://millionrounds.com/company/mykor)
- [Arda Biomaterials](https://millionrounds.com/company/arda-biomaterials)
- [Earthodic](https://millionrounds.com/company/earthodic)
- [Altered Materials](https://millionrounds.com/company/altered-materials)

## Metals and alloys

4

- [Principal Mineral](https://millionrounds.com/company/principal-mineral)
- [*LM* Lianghang Metal Materials](https://millionrounds.com/company/lianghang-metal-materials)
- [*ND* Nanjing Damai Technology](https://millionrounds.com/company/nanjing-damai-technology)
- [Milvus Advanced](https://millionrounds.com/company/milvus-advanced)

## Coatings and films

4

- [Longsheng Optoelectronics](https://millionrounds.com/company/longsheng-optoelectronics)
- [*LG* Lattice Grand Advanced Material Technology](https://millionrounds.com/company/lattice-grand-advanced-material-technology)
- [Jolt Electrodes](https://millionrounds.com/company/jolt-electrodes)
- [Nanomox](https://millionrounds.com/company/nanomox)

## Segment by segment

### Materials discovery and AI

6 startups · $146M raised

- [**Radical AI**](https://millionrounds.com/company/radical-ai) Radical AI is a materials science company founded in 2024 and based in New York, New York. United States $55M
- [**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
- [**Albert Invent**](https://millionrounds.com/company/albert-invent) Albert Invent is an AI-powered, cloud-based R&D platform that enhances materials science and chemical innovation. United States $20M
- [**Entalpic**](https://millionrounds.com/company/entalpic) Entalpic is a Paris-based startup founded in 2024 that specializes in AI-driven materials discovery. France $9.4M
- [**Stoicheia**](https://millionrounds.com/company/stoicheia) Stoicheia is a nanotechnology company accelerating materials discovery by defining and expanding the materials genome. United States $9.1M
- [**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

### Graphene and carbon

6 startups · $259M raised

- [**Black Semiconductor**](https://millionrounds.com/company/black-semiconductor) Black Semiconductor is a German startup based in Aachen, specializing in semiconductor technology. Germany $247M
- [**Avadain**](https://millionrounds.com/company/avadain) Avadain is a manufacturer of graphene flakes. United States $5.0M
- [**Danish Graphene**](https://millionrounds.com/company/danish-graphene) Advanced materials company Denmark $4.0M
- [**Granode Materials**](https://millionrounds.com/company/granode-materials) Granode Materials develops a new method for producing a new graphene-based anode material for lithium-ion batteries. Sweden $1.3M
- [**GraphEnergyTech**](https://millionrounds.com/company/graphenergytech) Bringing together expertise from the worlds of graphene and solar cell design to enable low-cost manufacturing of high-efficiency Switzerland $1.3M
- [**Graphene Trace**](https://millionrounds.com/company/graphene-trace) Graphene 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

- [*QN* **Qina New Energy**](https://millionrounds.com/company/qina-new-energy) Qina New Energy specialized in the research, development, and production of composite sodium iron phosphate materials and their precursors. - $14M
- [**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
- [*CC* **China Carbon Port Energy**](https://millionrounds.com/company/china-carbon-port-energy) China Carbon Port Energy is a materials technology company that specializes in the development of graphite and superconducting materials. - $2.8M
- [**Integrals Power**](https://millionrounds.com/company/integrals-power) Integrals Power is a battery nanomaterial company. United Kingdom $2.2M
- [**Cancrie**](https://millionrounds.com/company/cancrie) Cancrie Private Limited is a clean-tech and advanced materials startup founded in 2020 by Akshay Jain and Mahi Singh, based in Jai United States $1.2M

### Bio-based materials

4 startups · $20M raised

- [**Mykor**](https://millionrounds.com/company/mykor) Mykor is a UK-based biotechnology and advanced materials company founded in 2021. United Kingdom $8.4M
- [**Arda Biomaterials**](https://millionrounds.com/company/arda-biomaterials) Arda Biomaterials is a London-based materials science company founded in 2022. United Kingdom $6.8M
- [**Earthodic**](https://millionrounds.com/company/earthodic) Earthodic is an Australian materials science business makes useful biobased coatings. Australia $4.0M
- [**Altered Materials**](https://millionrounds.com/company/altered-materials) Altered Materials develops biodegradable plant-responsive encapsulation for agricultural chemicals Italy $291K

### Metals and alloys

4 startups · $323M raised

- [**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
- [*LM* **Lianghang Metal Materials**](https://millionrounds.com/company/lianghang-metal-materials) Lianghang Metal Materials is a metal component manufacturer that focuses on titanium alloy component forming and processing services. - $21M
- [*ND* **Nanjing Damai Technology**](https://millionrounds.com/company/nanjing-damai-technology) Nanjing Damai Technology is a manufacturer of alloy metal materials. China $15M
- [**Milvus Advanced**](https://millionrounds.com/company/milvus-advanced) Milvus 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

- [**Longsheng Optoelectronics**](https://millionrounds.com/company/longsheng-optoelectronics) Longsheng Optoelectronics is a high-tech firm that specializes in manufacturing, & sale of new materials for liquid crystal dimming films. China $14M
- [*LG* **Lattice Grand Advanced Material Technology**](https://millionrounds.com/company/lattice-grand-advanced-material-technology) Lattice Grand Advanced Material Technology is a manufacturer of high thermal conductivity, thin film circuit ceramic substrates. United States $7.8M
- [**Jolt Electrodes**](https://millionrounds.com/company/jolt-electrodes) JOLT is supplying next-generation activated electrodes & protective coating solutions for hydrogen & water treatment electrolysis Spain $6.5M
- [**Nanomox**](https://millionrounds.com/company/nanomox) Nanomox 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.

## 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)[Raised in 2026 **Advanced materials startups that raised in 2026** 34 startups · 5 segments · $1.2B](https://millionrounds.com/market-maps/advanced-materials-raised-2026-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?

Open any company for its rounds and investors, or search the investors behind these startups in the app, with filters, lists and exports.

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