# US Department of Energy's Chemicals & Materials Investments: 32 Startups in Its Portfolio (2026) > The 32 Chemicals & Materials startups US Department of Energy has backed, by stage: $1.0B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/u-s-department-of-energy-chemicals-materials-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 26 - [Chemours](https://millionrounds.com/company/chemours) - [Koura](https://millionrounds.com/company/koura) - [NanoGraf Corporation](https://millionrounds.com/company/nanograf-corporation) - [Princeton NuEnergy](https://millionrounds.com/company/princeton-nuenergy) - [C-Crete Technologies](https://millionrounds.com/company/c-crete-technologies) - [DexMat](https://millionrounds.com/company/dexmat) - [Prometheus Materials](https://millionrounds.com/company/prometheus-materials) - [AvCarb Material Solutions](https://millionrounds.com/company/avcarb-material-solutions) - [Genera Energy](https://millionrounds.com/company/genera-energy) - [OCOchem](https://millionrounds.com/company/ocochem) - [Great Lakes Crystal Technologies](https://millionrounds.com/company/great-lakes-crystal-technologies) - [*CS* CleanTech Strategies](https://millionrounds.com/company/cleantech-strategies) - [Mattiq](https://millionrounds.com/company/mattiq) - [Algenesis](https://millionrounds.com/company/algenesis) - [NETenergy](https://millionrounds.com/company/netenergy) - [*AR* Aqueous Resources](https://millionrounds.com/company/aqueous-resources) - [Multiscale Systems](https://millionrounds.com/company/multiscale-systems) - [*OE* Osazda Energy](https://millionrounds.com/company/osazda-energy) - [Otsuka Chemical America](https://millionrounds.com/company/otsuka-chemical-america) - [Blacksand Technology](https://millionrounds.com/company/blacksand-technology) - [*FL* First Light Solutions](https://millionrounds.com/company/first-light-solutions) - [Lyten](https://millionrounds.com/company/lyten) - [Nanoionix](https://millionrounds.com/company/nanoionix) - [Tyfast](https://millionrounds.com/company/tyfast) +2 more ## Pre-seed and seed 4 - [CorePower Magnetics](https://millionrounds.com/company/corepower-magnetics) - [Riven Systems](https://millionrounds.com/company/riven-systems) - [Celadyne Technologies](https://millionrounds.com/company/celadyne-technologies) - [Aeternal Upcycling](https://millionrounds.com/company/aeternal-upcycling) ## Series B 2 - [Trillium Renewable Chemicals](https://millionrounds.com/company/trillium-renewable-chemicals) - [ecovia I bio](https://millionrounds.com/company/ecovia-i-bio) ## Segment by segment ### Stage not reported 26 startups · $992M raised - [**Chemours**](https://millionrounds.com/company/chemours) The Chemours Company, commonly referred to as Chemours, is an American chemical company United States $700M - [**Koura**](https://millionrounds.com/company/koura) Koura is a global leader in the development, manufacture, and supply of fluoro products. United States $100M - [**NanoGraf Corporation**](https://millionrounds.com/company/nanograf-corporation) NanoGraf is a battery development company researching ways to improve battery life and charging time. United States $60M - [**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 - [**C-Crete Technologies**](https://millionrounds.com/company/c-crete-technologies) C-Crete Technologies is a technology development company building and commercializing technological paradigm shifts of the future. United States $10M - [**DexMat**](https://millionrounds.com/company/dexmat) DexMat is an advanced materials company based in Houston, Texas, founded in 2015. United States $10M - [**Prometheus Materials**](https://millionrounds.com/company/prometheus-materials) Prometheus Materials develops bio-cement with zero carbon emissions to reduce the global CO2 emissions. United States $10M - [**AvCarb Material Solutions**](https://millionrounds.com/company/avcarb-material-solutions) AvCarb Material Solutions is a U.S.-based company specializing in engineered carbon materials for mission-critical applications. United States $10M ### Pre-seed and seed 4 startups · $25M raised - [**CorePower Magnetics**](https://millionrounds.com/company/corepower-magnetics) CorePower Magnetics is a technology startup based in Pittsburgh, founded in June 2020. United States $11M - [**Riven Systems**](https://millionrounds.com/company/riven-systems) Riven uses AI and autonomous labs to optimize mineral processing. United States $7.9M - [**Celadyne Technologies**](https://millionrounds.com/company/celadyne-technologies) Celadyne Technologies is an American energy materials company founded in 2018, focused on advancing hydrogen fuel cell technology United States $4.8M - [**Aeternal Upcycling**](https://millionrounds.com/company/aeternal-upcycling) Aeternal Upcycling is a carbon economy revolution that combats the plastic waste crisis, reduces the need for fossil fuels. United States $1.6M ### Series B 2 startups · $25M raised - [**Trillium Renewable Chemicals**](https://millionrounds.com/company/trillium-renewable-chemicals) Trillium Renewable Chemicals manufactures chemicals from renewable feedstocks used in a variety of industrially important applications. United States $24M - [**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 **How this map is made.** Every startup here works in Chemicals & Materials and has raised money in a round we track that names US Department of Energy 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 **US Department of Energy's Energy portfolio** 69 startups · $14B](https://millionrounds.com/portfolio-maps/u-s-department-of-energy-energy-portfolio)[Sector portfolio **US Department of Energy's Cleantech portfolio** 43 startups · $3.0B](https://millionrounds.com/portfolio-maps/u-s-department-of-energy-cleantech-portfolio)[Sector portfolio **US Department of Energy's Manufacturing portfolio** 17 startups · $2.6B](https://millionrounds.com/portfolio-maps/u-s-department-of-energy-manufacturing-portfolio)[Sector portfolio **US Department of Energy's Big Data & Analytics portfolio** 16 startups · $19M](https://millionrounds.com/portfolio-maps/u-s-department-of-energy-big-data-analytics-portfolio)[Sector portfolio **US Department of Energy's AI portfolio** 13 startups · $457M](https://millionrounds.com/portfolio-maps/u-s-department-of-energy-ai-portfolio)[Sector portfolio **US Department of Energy's Biotech portfolio** 13 startups · $109M](https://millionrounds.com/portfolio-maps/u-s-department-of-energy-biotech-portfolio) ## Raising from investors like US Department of Energy? Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports. [Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)