# MassChallenge's Chemicals & Materials Investments: 11 Startups in Its Portfolio (2026)

> The 11 Chemicals & Materials startups MassChallenge has backed, by stage: $39M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/masschallenge-chemicals-materials-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Stage not reported

6

- [Biomicrogels Group](https://millionrounds.com/company/biomicrogels-group)
- [Multiscale Systems](https://millionrounds.com/company/multiscale-systems)
- [Folia Materials](https://millionrounds.com/company/folia-materials)
- [DropWise Technologies](https://millionrounds.com/company/dropwise-technologies)
- [Guardion](https://millionrounds.com/company/guardion)
- [Change Bio](https://millionrounds.com/company/change-bio)

## Pre-seed and seed

3

- [PLASTICFRI](https://millionrounds.com/company/plasticfri)
- [Treeless](https://millionrounds.com/company/treeless)
- [Artaic](https://millionrounds.com/company/artaic)

## Series A

2

- [Naturbeads](https://millionrounds.com/company/naturbeads)
- [Phase Two Chemicals](https://millionrounds.com/company/phase-two-chemicals)

## Segment by segment

### Stage not reported

6 startups · $7.7M raised

- [**Biomicrogels Group**](https://millionrounds.com/company/biomicrogels-group) Biomicrogels Group is the developer and patent holder for biomicrogels capable of addressing the global environmental problems United Kingdom $5.3M
- [**Multiscale Systems**](https://millionrounds.com/company/multiscale-systems) Multiscale Systems is an advanced material manufacturing firm. United States $1.1M
- [**Folia Materials**](https://millionrounds.com/company/folia-materials) Folia Materials: using paper as a super material United States $800K
- [**DropWise Technologies**](https://millionrounds.com/company/dropwise-technologies) DropWise provides a breakthrough coating technology invented at MIT to protect industrial equipment from fouling and corrosion. United States $340K
- [**Guardion**](https://millionrounds.com/company/guardion) Guardion is making the world safer from radiological and nuclear threats with quantum technology radiation detectors. United States $100K
- [**Change Bio**](https://millionrounds.com/company/change-bio) Change Bio converts waste methane into proteins to make them more affordable and carbon-negative. United Kingdom $27K

### Pre-seed and seed

3 startups · $4.8M raised

- [**PLASTICFRI**](https://millionrounds.com/company/plasticfri) GreenTech company from Sweden with a breakthrough technology turning agricultural waste to eco-friendly products for replacing plastics. Sweden $3.2M
- [**Treeless**](https://millionrounds.com/company/treeless) Treeless is a Swiss cleantech startup and ETH Zurich spin-off, founded in May 2023 and based in Opfikon, Switzerland. Switzerland $1.5M
- [**Artaic**](https://millionrounds.com/company/artaic) Artaic mass customization technologies, providing robotically assembled tile mosaics for the architecture and interior design industry. United States $50K

### Series A

2 startups · $27M raised

- [**Naturbeads**](https://millionrounds.com/company/naturbeads) Naturbeads is scaling up the technology to manufacture cellulose beads and replace plastic microbeads intentionally added to many United Kingdom $15M
- [**Phase Two Chemicals**](https://millionrounds.com/company/phase-two-chemicals) Phase Two Chemicals specializes in clean chemistry and industrial electrochemistry, focusing on on-site, on-demand hydrogen peroxi United States $12M

**How this map is made.** Every startup here works in Chemicals & Materials and has raised money in a round we track that names MassChallenge as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

[Sector portfolio **MassChallenge's Healthtech portfolio** 77 startups · $395M](https://millionrounds.com/portfolio-maps/masschallenge-healthtech-portfolio)[Sector portfolio **MassChallenge's Biotech portfolio** 68 startups · $1.2B](https://millionrounds.com/portfolio-maps/masschallenge-biotech-portfolio)[Sector portfolio **MassChallenge's AI portfolio** 58 startups · $2.0B](https://millionrounds.com/portfolio-maps/masschallenge-ai-portfolio)[Sector portfolio **MassChallenge's Agtech portfolio** 28 startups · $72M](https://millionrounds.com/portfolio-maps/masschallenge-agtech-portfolio)[Sector portfolio **MassChallenge's Big Data & Analytics portfolio** 25 startups · $91M](https://millionrounds.com/portfolio-maps/masschallenge-big-data-analytics-portfolio)[Sector portfolio **MassChallenge's Hardware & Electronics portfolio** 21 startups · $233M](https://millionrounds.com/portfolio-maps/masschallenge-hardware-electronics-portfolio)

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