# Top 50 Chemicals and Materials Startups in Europe by Funding (2026)

> The 50 best-funded chemicals and materials startups in Europe, ranked by total funding raised: $4.6B combined.

Source: https://millionrounds.com/top-lists/chemicals-and-materials-startups-europe (Millionrounds; every figure on the page links to its filing or article)

- 1 [**CuspAI** CuspAI is an innovative artificial intelligence company based in Cambridge, United Kingdom, with additional teams in Amsterdam and Berlin.](https://millionrounds.com/company/cuspai) CuspAI is an innovative artificial intelligence company based in Cambridge, United Kingdom, with additional teams in Amsterdam and Berlin. *Founded* 2024 Cambridge, United Kingdom **$950M** last round Jul 2026
- 2 [**Delta Hydrocarbons** Delta invests in field development and production enhancement of oil and gas assets.](https://millionrounds.com/company/delta-hydrocarbons) Delta invests in field development and production enhancement of oil and gas assets. *Founded* 2004 Netherlands **$750M** last round Mar 2007
- 3 [**Metalchemy** Metalchemy is a UK-based nanotechnology startup and chemical manufacturer focused on producing sustainable colloidal metals, including colloidal silver and colloidal gold.](https://millionrounds.com/company/metalchemy) Metalchemy is a UK-based nanotechnology startup and chemical manufacturer focused on producing sustainable colloidal metals, including colloidal silver and colloidal gold. *Founded* 2019 London, United Kingdom **$331M** last round Jan 2026
- 4 [**ASK Chemicals** ASK Chemicals is a suppliers of complete solutions and tailor-made consultation services.](https://millionrounds.com/company/ask-chemicals) ASK Chemicals is a suppliers of complete solutions and tailor-made consultation services. *Founded* 2010 Hilden, Germany **$281M** last round Dec 2022
- 5 [**Monolith AI** Monolith AI develops an AI assistant designed to help engineers improve product development.](https://millionrounds.com/company/monolith-ai) Monolith AI develops an AI assistant designed to help engineers improve product development. *Founded* 2016 London, United Kingdom **$265M** last round Jul 2025
- 6 [**Tungsten West** Tungsten West is a mining development company.](https://millionrounds.com/company/tungsten-west) Tungsten West is a mining development company. *Founded* 2019 London, United Kingdom **$261M** last round Aug 2026
- 7 [**METYCLE** METYCLE is a digital trading platform based in Cologne, Germany, founded in 2022.](https://millionrounds.com/company/metycle) METYCLE is a digital trading platform based in Cologne, Germany, founded in 2022. *Founded* 2022 Cologne, Germany **$165M** last round Sept 2026
- 8 [**Italcer Group** Italcer Group is a manufacturer of indoor and outdoor ceramic products.](https://millionrounds.com/company/italcer-group) Italcer Group is a manufacturer of indoor and outdoor ceramic products. *Founded* 2017 Rubiera, Italy **$164M** last round Aug 2024
- 9 [**Notpla** Notpla is a London-based sustainable packaging startup founded in 2014 by Rodrigo García González and Pierre Paslier.](https://millionrounds.com/company/notpla) Notpla is a London-based sustainable packaging startup founded in 2014 by Rodrigo García González and Pierre Paslier. *Founded* 2014 London, United Kingdom **$89M** last round Jul 2026
- 10 [**Thread** Thread is a clothes discovery service and personalised shop that makes it easy for people to dress well.](https://millionrounds.com/company/thread) Thread is a clothes discovery service and personalised shop that makes it easy for people to dress well. *Founded* 2012 London, United Kingdom **$81M** last round Dec 2025
- 11 [**Chemify** Chemify is a chemistry and chemical discovery digitisation platform.](https://millionrounds.com/company/chemify) Chemify is a chemistry and chemical discovery digitisation platform. *Founded* 2019 Glasgow, United Kingdom **$81M** last round Sept 2026
- 12 [**Paragraf** Paragraf is a pioneering company specializing in graphene-based electronic devices, having been established in 2015 as a spin-off from the University of Cambridge.](https://millionrounds.com/company/paragraf) Paragraf is a pioneering company specializing in graphene-based electronic devices, having been established in 2015 as a spin-off from the University of Cambridge. *Founded* 2018 Somersham, United Kingdom **$76M** last round Aug 2025
- 13 [**AISTI** AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free.](https://millionrounds.com/company/aisti) AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free. *Founded* 2019 Jyvaeskylae, Finland **$54M** last round Dec 2025
- 14 [**FluoRok** FluoRok is a deep-tech chemical manufacturing startup based in Oxford, England, founded in June 2022 as a spin-out from the University of Oxford.](https://millionrounds.com/company/fluorok) FluoRok is a deep-tech chemical manufacturing startup based in Oxford, England, founded in June 2022 as a spin-out from the University of Oxford. *Founded* 2022 Oxford, United Kingdom **$46M** last round Nov 2026
- 15 [**BioBTX** BioBTX replaces oil for biomass & waste as a resource for the production of aromatics](https://millionrounds.com/company/biobtx) BioBTX replaces oil for biomass & waste as a resource for the production of aromatics *Founded* - Groningen, Netherlands **$46M** last round Jun 2024
- 16 [**Holyvolt** Holyvolt is a Swedish deep-tech energy startup founded in 2022, with its headquarters in Stockholm and additional operations in Munich, Germany.](https://millionrounds.com/company/holyvolt) Holyvolt is a Swedish deep-tech energy startup founded in 2022, with its headquarters in Stockholm and additional operations in Munich, Germany. *Founded* 2022 Stockholm, Sweden **$45M** last round Oct 2026
- 17 [**Haydale** Haydale offers a patent proprietary scalable plasma process to functionalise graphene and other nanomaterials.](https://millionrounds.com/company/haydale) Haydale offers a patent proprietary scalable plasma process to functionalise graphene and other nanomaterials. *Founded* 2010 Loughborough, United Kingdom **$41M** last round Dec 2025
- 18 [**traceless materials** traceless materials is a female-founded startup based in Hamburg, Germany, focused on creating sustainable alternatives to conventional plastics.](https://millionrounds.com/company/traceless-materials) traceless materials is a female-founded startup based in Hamburg, Germany, focused on creating sustainable alternatives to conventional plastics. *Founded* 2020 Hamburg, Germany **$39M** last round Sept 2023
- 19 [**Fine Industries** Fine Industries hosts the equinITy, a product designed as an intelligent training system for the racehorse industry.](https://millionrounds.com/company/fine-industries) Fine Industries hosts the equinITy, a product designed as an intelligent training system for the racehorse industry. *Founded* 1977 Middlesbrough, United Kingdom **$39M** last round Nov 2013
- 20 [**Lithium de france** Lithium de France is an independent French operator founded in 2020 and based in Alsace.](https://millionrounds.com/company/lithium-de-france) Lithium de France is an independent French operator founded in 2020 and based in Alsace. *Founded* 2020 Haguenau, France **$38M** last round May 2026
- 21 [**Clariter** Clariter is a global cleantech company based in Luxembourg, founded in 2003.](https://millionrounds.com/company/clariter) Clariter is a global cleantech company based in Luxembourg, founded in 2003. *Founded* 2003 Luxembourg City, Luxembourg **$37M** last round Dec 2023
- 22 [**Astral Systems** Astral Systems is a Bristol-based deep-tech company focused on compact nuclear fusion technology for on-demand medical isotope production.](https://millionrounds.com/company/astral-systems) Astral Systems is a Bristol-based deep-tech company focused on compact nuclear fusion technology for on-demand medical isotope production. *Founded* 2021 Hallen, United Kingdom **$36M** last round Jun 2026
- 23 [**Hystar** Hystar AS is a Norwegian company focused on developing and manufacturing advanced Proton Exchange Membrane (PEM) electrolysers for large-scale green hydrogen production.](https://millionrounds.com/company/hystar) Hystar AS is a Norwegian company focused on developing and manufacturing advanced Proton Exchange Membrane (PEM) electrolysers for large-scale green hydrogen production. *Founded* 2021 Oslo, Norway **$36M** last round May 2025
- 24 [**IRRESISTIBLE MATERIALS** Birmingham Research Park, Vincent Drive, Birmingham, B15 2SQ, United Kingdom.](https://millionrounds.com/company/irresistible-materials) Birmingham Research Park, Vincent Drive, Birmingham, B15 2SQ, United Kingdom. *Founded* 2010 United Kingdom **$36M** last round Feb 2026
- 25 [**Syntetica** Syntetica is a French cleantech startup founded in 2023, focused on producing low-carbon, virgin-quality recycled nylon (Nylon 6 and Nylon 6,6) from blended textile waste.](https://millionrounds.com/company/syntetica) Syntetica is a French cleantech startup founded in 2023, focused on producing low-carbon, virgin-quality recycled nylon (Nylon 6 and Nylon 6,6) from blended textile waste. *Founded* - Reims, France **$35M** last round Jul 2026
- 26 [**Vytal**](https://millionrounds.com/company/vytal) *Founded* - Germany **$31M** last round Jul 2026
- 27 [**KHIMOD** KHIMOD is a French climate-tech company and a subsidiary of the ALCEN group.](https://millionrounds.com/company/khimod) KHIMOD is a French climate-tech company and a subsidiary of the ALCEN group. *Founded* 2019 Paris, France **$27M** last round Jul 2025
- 28 [**iGii** iGii is a Scotland-based advanced materials company founded in 2016, previously known as Integrated Graphene.](https://millionrounds.com/company/igii) iGii is a Scotland-based advanced materials company founded in 2016, previously known as Integrated Graphene. *Founded* 2016 Stirling, United Kingdom **$27M** last round Sept 2026
- 29 [**IGM Resins** IGM Resins is a leading manufacturer and supplier of photoinitiators, oligomers, monomers, additives and other customized specialties to the UV/EB Energy Curing](https://millionrounds.com/company/igm-resins) IGM Resins is a leading manufacturer and supplier of photoinitiators, oligomers, monomers, additives and other customized specialties to the UV/EB Energy Curing *Founded* 1999 Waalwijk, Netherlands **$27M** last round Nov 2015
- 30 [**Ducatt** Ducatt manufactures glasses for solar applications.](https://millionrounds.com/company/ducatt) Ducatt manufactures glasses for solar applications. *Founded* 2011 Lommel, Belgium **$26M** last round Dec 2010
- 31 [**Qorium** Real Leather, Reinvented](https://millionrounds.com/company/qorium) Real Leather, Reinvented *Founded* 2021 Maastricht, Netherlands **$25M** last round Nov 2025
- 32 [**BeDimensional** BeDimensional is a global manufacturer of graphene and other two-dimensional materials with few atomic layers.](https://millionrounds.com/company/bedimensional) BeDimensional is a global manufacturer of graphene and other two-dimensional materials with few atomic layers. *Founded* 2016 Genoa, Italy **$25M** last round Feb 2026
- 33 [**Anaphite** Anaphite is a technology company based in Bristol, specializing in solvent-free, dry coating precursor (DCP®) powders for lithium-ion battery manufacturing.](https://millionrounds.com/company/anaphite) Anaphite is a technology company based in Bristol, specializing in solvent-free, dry coating precursor (DCP®) powders for lithium-ion battery manufacturing. *Founded* 2018 Bristol, United Kingdom **$24M** last round Apr 2026
- 34 [**Fairbrics** Fairbrics is a company that gives fashion brands and their customers, and uses CO2 waste to manufacture virgin synthetic fabrics.](https://millionrounds.com/company/fairbrics) Fairbrics is a company that gives fashion brands and their customers, and uses CO2 waste to manufacture virgin synthetic fabrics. *Founded* 2019 Clichy, France **$24M** last round Jan 2023
- 35 [**DePoly** DePoly has developed chemical process that converts unsorted, dirty, post-consumer PET plastic items into virgin grade raw materials.](https://millionrounds.com/company/depoly) DePoly has developed chemical process that converts unsorted, dirty, post-consumer PET plastic items into virgin grade raw materials. *Founded* 2020 Sion, Switzerland **$23M** last round Feb 2026
- 36 [**Puraffinity** Puraffinity is a London-based technology company founded in 2015 as a spinout from Imperial College London.](https://millionrounds.com/company/puraffinity) Puraffinity is a London-based technology company founded in 2015 as a spinout from Imperial College London. *Founded* 2015 London, United Kingdom **$23M** last round Sept 2024
- 37 [**Fuella** Fuella is a pure-play developer of large-scale green hydrogen projects.](https://millionrounds.com/company/fuella) Fuella is a pure-play developer of large-scale green hydrogen projects. *Founded* 2020 Bergen, Norway **$22M** last round Jul 2023
- 38 [**FibreCoat** FibreCoat is a German materials technology company based in Aachen, founded in 2020 as a spin-off from RWTH Aachen University.](https://millionrounds.com/company/fibrecoat) FibreCoat is a German materials technology company based in Aachen, founded in 2020 as a spin-off from RWTH Aachen University. *Founded* 2020 Aachen, Germany **$21M** last round Dec 2024
- 39 [**eeden** Eeden is a German textile-recycling technology company based in Münster, specializing in chemical recycling processes for textile waste.](https://millionrounds.com/company/eeden) Eeden is a German textile-recycling technology company based in Münster, specializing in chemical recycling processes for textile waste. *Founded* 2019 Muenster, Germany **$21M** last round Apr 2025
- 40 [**D-CRBN** D-CRBN recycles CO2 for industrials through our patented CCU plasma technology.](https://millionrounds.com/company/d-crbn) D-CRBN recycles CO2 for industrials through our patented CCU plasma technology. *Founded* 2021 Antwerp, Belgium **$20M** last round May 2026
- 41 [**Global-e** Globale is a wholesale supplier of paper, cardboard, packaging, and advertising production products.](https://millionrounds.com/company/global-e) Globale is a wholesale supplier of paper, cardboard, packaging, and advertising production products. *Founded* 2013 Lithuania **$20M** last round Sept 2016
- 42 [**Ecoat** Ecoat is a French green-tech scale-up founded in 2011, specializing in the eco-design, manufacturing, and sale of bio-based and water-based binders for the pain](https://millionrounds.com/company/ecoat) Ecoat is a French green-tech scale-up founded in 2011, specializing in the eco-design, manufacturing, and sale of bio-based and water-based binders for the pain *Founded* 2011 Grasse, France **$20M** last round Apr 2025
- 43 [**D3O** D3O is a British engineering, design, and technology company based in Croydon, specializing in impact protection and shock absorption solutions.](https://millionrounds.com/company/d3o) D3O is a British engineering, design, and technology company based in Croydon, specializing in impact protection and shock absorption solutions. *Founded* 2001 Croydon, United Kingdom **$19M** last round Apr 2015
- 44 [**OCEANIUM** Oceanium develops innovative, all-natural food and nutraceutical products and sustainable materials from sustainably-sourced seaweed.](https://millionrounds.com/company/oceanium) Oceanium develops innovative, all-natural food and nutraceutical products and sustainable materials from sustainably-sourced seaweed. *Founded* - Oban, United Kingdom **$19M** last round Apr 2025
- 45 [**Keey Aerogel** Keey Aerogel is a French nanotechnology company founded in 2015 by Francisco Ruiz.](https://millionrounds.com/company/keey-aerogel) Keey Aerogel is a French nanotechnology company founded in 2015 by Francisco Ruiz. *Founded* 2015 Habsheim, France **$19M** last round Jan 2025
- 46 [**GR3N**](https://millionrounds.com/company/gr3n) *Founded* - Switzerland **$18M** last round Jun 2026
- 47 [**Lactips** LACTIPS is a French biotechnology company founded in 2014, based in Saint-Paul-en-Jarez.](https://millionrounds.com/company/lactips) LACTIPS is a French biotechnology company founded in 2014, based in Saint-Paul-en-Jarez. *Founded* 2014 Saint-Paul-en-Jarez, France **$17M** last round Nov 2024
- 48 [**Matteco** Matteco is a materials technology company based in Valencia (Paterna), Spain, founded in 2023.](https://millionrounds.com/company/matteco) Matteco is a materials technology company based in Valencia (Paterna), Spain, founded in 2023. *Founded* 2023 Paterna, Spain **$16M** last round Oct 2024
- 49 [**CorrosionRADAR** Smarter infrastructure using Industrial Internet of Things and Predictive Analytics](https://millionrounds.com/company/corrosionradar) Smarter infrastructure using Industrial Internet of Things and Predictive Analytics *Founded* 2017 Cambridge, United Kingdom **$16M** last round Sept 2024
- 50 [**Faircraft** Faircraft is a biotechnology startup based in Paris, founded in 2021.](https://millionrounds.com/company/faircraft) Faircraft is a biotechnology startup based in Paris, founded in 2021. *Founded* 2021 Paris, France **$16M** last round Nov 2024

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed as this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

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## More chemicals lists

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[*UR* *M* *RM* **Chemicals and materials startups worldwide** 649 companies · $18B](https://millionrounds.com/top-lists/chemicals-and-materials-startups)[*UR* *M* *RM* **Chemicals and materials startups in the United States** 277 companies · $11B](https://millionrounds.com/top-lists/chemicals-and-materials-startups-united-states)

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