# Top 42 Chemicals & Materials Startups Founded in 2020 by Funding (2026)

> The 42 best-funded chemicals & Materials startups founded in 2020, ranked by total funding raised: $405M combined.

Source: https://millionrounds.com/top-lists/chemicals-startups-founded-2020 (Millionrounds; every figure on the page links to its filing or article)

- 1 [**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
- 2 [**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
- 3 [**HAMR Energy** Hydrogen assisted molecular recycling (HAMR) allows waste to be converted into chemicals for building products and fuels.](https://millionrounds.com/company/hamr-energy) Hydrogen assisted molecular recycling (HAMR) allows waste to be converted into chemicals for building products and fuels. *Founded* 2020 Melbourne, Australia **$32M** last round Jul 2026
- 4 [**Sway** Sway Innovation Co., also known as Sway, is a California-based cleantech and materials company focused on developing sustainable packaging solutions.](https://millionrounds.com/company/sway) Sway Innovation Co., also known as Sway, is a California-based cleantech and materials company focused on developing sustainable packaging solutions. *Founded* 2020 Los Angeles, United States **$25M** last round Jan 2024
- 5 [**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
- 6 [**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
- 7 [**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
- 8 [**Lianghang Metal Materials** Lianghang Metal Materials is a metal component manufacturer that focuses on titanium alloy component forming and processing services.](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. *Founded* 2020 Yubei **$21M** last round Jul 2024
- 9 [**Ming Gallium Semiconductor** Ming Gallium Semiconductor research and develops gallium oxide materials and power devices for semiconductors.](https://millionrounds.com/company/ming-gallium-semiconductor) Ming Gallium Semiconductor research and develops gallium oxide materials and power devices for semiconductors. *Founded* 2020 China **$16M** last round Jan 2026
- 10 [**Novalith Technologies** Novalith Technologies is a climate technology company that uses carbon dioxide to simplify lithium chemicals production.](https://millionrounds.com/company/novalith-technologies) Novalith Technologies is a climate technology company that uses carbon dioxide to simplify lithium chemicals production. *Founded* 2020 Sydney, Australia **$15M** last round Apr 2023
- 11 [**TopOlefin Technology** TopOlefin Technology engages in the research, development and production of advanced, green, intelligent and high-end polymer new materials.](https://millionrounds.com/company/topolefin-technology) TopOlefin Technology engages in the research, development and production of advanced, green, intelligent and high-end polymer new materials. *Founded* 2020 Quzhou **$14M** last round Nov 2023
- 12 [**Simetric Semiconductor** Simetric Semiconductor is a semiconductor equipment company that focuses integrated solutions in manufacturing advanced packaging materials.](https://millionrounds.com/company/simetric-semiconductor) Simetric Semiconductor is a semiconductor equipment company that focuses integrated solutions in manufacturing advanced packaging materials. *Founded* 2020 China **$14M** last round Nov 2023
- 13 [**Legendsemi** Legendsemi focuses on the development and design of high-performance analog and mixed-signal chips.](https://millionrounds.com/company/legendsemi) Legendsemi focuses on the development and design of high-performance analog and mixed-signal chips. *Founded* 2020 Haidian **$14M** last round Jun 2023
- 14 [**Simplifyber** Simplifyber is a climate-tech and advanced manufacturing company based in Raleigh, North Carolina, with operations in Brooklyn, New York.](https://millionrounds.com/company/simplifyber) Simplifyber is a climate-tech and advanced manufacturing company based in Raleigh, North Carolina, with operations in Brooklyn, New York. *Founded* 2020 Morrisville, United States **$12M** last round Apr 2025
- 15 [**FAIRMAT** FAIRMAT is a French deep-tech startup founded in 2020 and based in Paris.](https://millionrounds.com/company/fairmat) FAIRMAT is a French deep-tech startup founded in 2020 and based in Paris. *Founded* 2020 Paris, France **$12M** last round Nov 2025
- 16 [**CorePower Magnetics** CorePower Magnetics is a technology startup based in Pittsburgh, founded in June 2020.](https://millionrounds.com/company/corepower-magnetics) CorePower Magnetics is a technology startup based in Pittsburgh, founded in June 2020. *Founded* 2020 Pittsburgh, United States **$11M** last round Sept 2026
- 17 [**Concretene** Concretene is a concrete alternative that is designed to provide a viable CO2 reduction technology in the construction industry.](https://millionrounds.com/company/concretene) Concretene is a concrete alternative that is designed to provide a viable CO2 reduction technology in the construction industry. *Founded* 2020 Manchester, United Kingdom **$9.9M** last round Oct 2026
- 18 [**Materials Market** Materials Market is a UK-based digital marketplace that connects trade professionals and DIY customers with a network of over 1,000 suppliers for purchasing bul](https://millionrounds.com/company/materials-market) Materials Market is a UK-based digital marketplace that connects trade professionals and DIY customers with a network of over 1,000 suppliers for purchasing bul *Founded* 2020 London, United Kingdom **$8.7M** last round Aug 2026
- 19 [**Copernic Catalysts** Copernic Catalysts is a startup based in Cambridge, Massachusetts, focused on designing sustainable catalysts for zero-carbon chemicals and e-fuels, particularl](https://millionrounds.com/company/copernic-catalysts) Copernic Catalysts is a startup based in Cambridge, Massachusetts, focused on designing sustainable catalysts for zero-carbon chemicals and e-fuels, particularl *Founded* 2020 Cambridge, United States **$8.0M** last round Nov 2024
- 20 [**Lattice Grand Advanced Material Technology** Lattice Grand Advanced Material Technology is a manufacturer of high thermal conductivity, thin film circuit ceramic substrates.](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. *Founded* 2020 Nanchangshi, United States **$7.8M** last round Dec 2021
- 21 [**QustomDot** QustomDot is a Belgian company specializing in quantum dot technology, particularly in display color conversion.](https://millionrounds.com/company/qustomdot) QustomDot is a Belgian company specializing in quantum dot technology, particularly in display color conversion. *Founded* 2020 Ghent, Belgium **$5.3M** last round Dec 2024
- 22 [**Mushroom Material** With the global shift towards sustainability, there is a demand for eco friendly materials.](https://millionrounds.com/company/mushroom-material) With the global shift towards sustainability, there is a demand for eco friendly materials. *Founded* 2020 Auckland, New Zealand **$5.1M** last round Aug 2024
- 23 [**Nanomox** Nanomox is a London-based sustainable chemistry startup founded in 2020.](https://millionrounds.com/company/nanomox) Nanomox is a London-based sustainable chemistry startup founded in 2020. *Founded* 2020 London, United Kingdom **$4.2M** last round Feb 2026
- 24 [**Danish Graphene** Advanced materials company](https://millionrounds.com/company/danish-graphene) Advanced materials company *Founded* 2020 Vejle, Denmark **$4.0M** last round Sept 2023
- 25 [**Lineat Composites** Lineat Composites Limited is a British advanced materials technology company based in Bristol, with operational facilities in Barry, Wales.](https://millionrounds.com/company/lineat-composites) Lineat Composites Limited is a British advanced materials technology company based in Bristol, with operational facilities in Barry, Wales. *Founded* 2020 Chepstow, United Kingdom **$3.3M** last round Apr 2026
- 26 [**Gozen Bioworks** Gozen Bioworks is a multidisciplinary material science and design company.](https://millionrounds.com/company/gozen-bioworks) Gozen Bioworks is a multidisciplinary material science and design company. *Founded* 2020 Istanbul, Türkiye **$3.3M** last round Oct 2023
- 27 [**MECAWARE** MECAWARE mission is to speed up strategic autonomy thanks to resource circularity and the intelligence of the material cycle.](https://millionrounds.com/company/mecaware) MECAWARE mission is to speed up strategic autonomy thanks to resource circularity and the intelligence of the material cycle. *Founded* 2020 Béthune, France **$3.0M** last round Feb 2026
- 28 [**Reusables.com** Reusables.com is a Canadian technology platform focused on the circular economy.](https://millionrounds.com/company/reusables-com) Reusables.com is a Canadian technology platform focused on the circular economy. *Founded* 2020 Vancouver, Canada **$2.6M** last round Apr 2025
- 29 [**SaltyCo** SaltyCo is a material science company that makes planet-positive textiles.](https://millionrounds.com/company/saltyco) SaltyCo is a material science company that makes planet-positive textiles. *Founded* 2020 Bristol, United Kingdom **$2.6M** last round Jun 2025
- 30 [**Integrals Power** Integrals Power is a battery nanomaterial company.](https://millionrounds.com/company/integrals-power) Integrals Power is a battery nanomaterial company. *Founded* 2020 Willen, United Kingdom **$2.2M** last round Jul 2026
- 31 [**Qingde Hydrogen Energy** Qingde Hydrogen Energy is a producer of hydrogen energy storage and utilization products and technical services.](https://millionrounds.com/company/qingde-hydrogen-energy) Qingde Hydrogen Energy is a producer of hydrogen energy storage and utilization products and technical services. *Founded* 2020 Nanjing **$1.7M** last round Dec 2022
- 32 [**Cancrie** Cancrie Private Limited is a clean-tech and advanced materials startup founded in 2020 by Akshay Jain and Mahi Singh, based in Jaipur, Rajasthan, India.](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 Jaipur, Rajasthan, India. *Founded* 2020 Jaipur, United States **$1.2M** last round Jan 2025
- 33 [**Radiant Matter** Radiant Matter is a London-based material innovation company founded in 2018.](https://millionrounds.com/company/radiant-matter) Radiant Matter is a London-based material innovation company founded in 2018. *Founded* 2020 United Kingdom **$1.1M** last round Mar 2024
- 34 [**Relement** Relement is a Dutch company focused on producing specialty bio-based aromatic chemicals from renewable, non-edible biomass residues.](https://millionrounds.com/company/relement) Relement is a Dutch company focused on producing specialty bio-based aromatic chemicals from renewable, non-edible biomass residues. *Founded* 2020 Bergen op Zoom, Netherlands **$1.1M** last round Jun 2022
- 35 [**Irradiant Technologies** Irradiant Technologies develops implosion fabrication lithography for chemically amplified high throughput micro-fabrication.](https://millionrounds.com/company/irradiant-technologies) Irradiant Technologies develops implosion fabrication lithography for chemically amplified high throughput micro-fabrication. *Founded* 2020 Cambridge, United States **$750K** last round Jul 2024
- 36 [**Biosens** BIOSENS is a healthcare technology company focused on enhancing diagnostics through innovative point-of-care (POC) solutions.](https://millionrounds.com/company/biosens) BIOSENS is a healthcare technology company focused on enhancing diagnostics through innovative point-of-care (POC) solutions. *Founded* 2020 Sao Leopoldo, Brazil **$342K** last round Feb 2025
- 37 [**Optical Waters** Optical Waters offers ultraviolet optical fibre solutions for disinfecting small channels and complex geometries.](https://millionrounds.com/company/optical-waters) Optical Waters offers ultraviolet optical fibre solutions for disinfecting small channels and complex geometries. *Founded* 2020 Amherst, United States **$255K** last round Jan 2022
- 38 [**Nanoionix** Nanoionix develops engineered materials that protect the environment and enhance our quality of life.](https://millionrounds.com/company/nanoionix) Nanoionix develops engineered materials that protect the environment and enhance our quality of life. *Founded* 2020 Farmington, United States **$200K** last round Jul 2023
- 39 [**Tyfast** Tyfast is a manufacturer of batteries and semiconductors.](https://millionrounds.com/company/tyfast) Tyfast is a manufacturer of batteries and semiconductors. *Founded* 2020 San Diego, United States **$100K** last round Aug 2025
- 40 [**Carbonwave** Carbonwave is a Public Benefit Corporation based in the U.S., founded in January 2020.](https://millionrounds.com/company/carbonwave) Carbonwave is a Public Benefit Corporation based in the U.S., founded in January 2020. *Founded* 2020 Puerto Morelos, United States **$100K** last round Jan 2024
- 41 [**Minerva Lithium** Minerva Lithium develops direct lithium extraction technology to provide global solutions to lithium brine industries.](https://millionrounds.com/company/minerva-lithium) Minerva Lithium develops direct lithium extraction technology to provide global solutions to lithium brine industries. *Founded* 2020 Greensboro, United States **$75K** last round Sept 2022
- 42 [**SilarTek** SilarTek develops solar silicon technology with the aim of producing solar panels more accessible to a wider audience.](https://millionrounds.com/company/silartek) SilarTek develops solar silicon technology with the aim of producing solar panels more accessible to a wider audience. *Founded* 2020 Leominster, United States **$65K** last round Apr 2022

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies founded in 2020 whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back chemicals & Materials startups founded in 2020 in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More chemicals & materials lists

[See all](https://millionrounds.com/top-lists?t=Chemicals%20%26%20Materials)

[*UR* *M* *RM* **Chemicals & Materials startups in the United States** 277 companies · $11B](https://millionrounds.com/top-lists/chemicals-startups-united-states)[*UR* *M* *C* **Chemicals & Materials startups that raised in 2026** 163 companies · $9.1B in 2026](https://millionrounds.com/top-lists/chemicals-startups-raised-2026)[*C* *M* *MA* **Chemicals & Materials startups in the United Kingdom** 84 companies · $2.7B](https://millionrounds.com/top-lists/chemicals-startups-united-kingdom)[*UR* *M* *C* **Chemicals & Materials startups in the United States that raised in 2026** 59 companies · $7.0B in 2026](https://millionrounds.com/top-lists/chemicals-startups-united-states-raised-2026)[*UR* *PT* *M* **Chemicals & Materials startups founded in 2019** 52 companies · $4.4B](https://millionrounds.com/top-lists/chemicals-startups-founded-2019)[*OR* *TF* *T* **Chemicals & Materials startups in Canada** 40 companies · $1.3B](https://millionrounds.com/top-lists/chemicals-startups-canada)[*MC* *L* *AS* **Chemicals & Materials startups founded in 2021** 39 companies · $447M](https://millionrounds.com/top-lists/chemicals-startups-founded-2021)[*P* *S* *A* **Chemicals & Materials startups founded in 2018** 39 companies · $336M](https://millionrounds.com/top-lists/chemicals-startups-founded-2018)

## More lists worldwide

[See all](https://millionrounds.com/top-lists?r=Global)

[*GV* *V* *RP* **Health startups worldwide** 12,811 companies · $81B](https://millionrounds.com/top-lists/health-startups)[*O* *A* *X* **AI startups worldwide** 10,238 companies · $830B](https://millionrounds.com/top-lists/ai-startups)[*GV* *V* *RP* **Biotech startups worldwide** 7,127 companies · $70B](https://millionrounds.com/top-lists/biotech-startups)[*D* *B* *FT* **Big data startups worldwide** 3,812 companies · $220B](https://millionrounds.com/top-lists/big-data-startups)[*AF* *R* *S* **Fintech startups worldwide** 3,200 companies · $94B](https://millionrounds.com/top-lists/fintech-startups)[*O* *A* *B* **AI startups that raised in 2026** 2,922 companies · $540B in 2026](https://millionrounds.com/top-lists/ai-startups-raised-2026)[*FT* *CE* *P* **Energy providers startups worldwide** 2,808 companies · $152B](https://millionrounds.com/top-lists/energy-providers-startups)[*A* *P* *O* **Marketing tech startups worldwide** 2,728 companies · $28B](https://millionrounds.com/top-lists/marketing-tech-startups)