# Top 39 Chemicals & Materials Startups Founded in 2021 by Funding (2026)

> The 39 best-funded chemicals & Materials startups founded in 2021, ranked by total funding raised: $447M combined.

Source: https://millionrounds.com/top-lists/chemicals-startups-founded-2021 (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Mitra Chem** Mitra Chem is an AI-native manufacturer of lithium-ion battery materials, founded in 2021 and headquartered in Mountain View, California.](https://millionrounds.com/company/mitra-chem) Mitra Chem is an AI-native manufacturer of lithium-ion battery materials, founded in 2021 and headquartered in Mountain View, California. *Founded* 2021 Mountain View, United States **$91M** last round Jun 2025
- 2 [**Lydian** Lydian aims to accelerate the decarbonization of the chemical industry by electrifying the chemical production process.](https://millionrounds.com/company/lydian) Lydian aims to accelerate the decarbonization of the chemical industry by electrifying the chemical production process. *Founded* 2021 Salem, United States **$44M** last round Jan 2026
- 3 [**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
- 4 [**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
- 5 [**Qorium** Real Leather, Reinvented](https://millionrounds.com/company/qorium) Real Leather, Reinvented *Founded* 2021 Maastricht, Netherlands **$25M** last round Nov 2025
- 6 [**Molten Industries** Molten Industries is a cleantech startup located in Oakland, California, founded in 2021.](https://millionrounds.com/company/molten-industries) Molten Industries is a cleantech startup located in Oakland, California, founded in 2021. *Founded* 2021 Oakland, United States **$25M** last round Jun 2024
- 7 [**Trillium Renewable Chemicals** Trillium Renewable Chemicals manufactures chemicals from renewable feedstocks used in a variety of industrially important applications.](https://millionrounds.com/company/trillium-renewable-chemicals) Trillium Renewable Chemicals manufactures chemicals from renewable feedstocks used in a variety of industrially important applications. *Founded* 2021 Knoxville, United States **$24M** last round May 2026
- 8 [**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
- 9 [**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
- 10 [**Gazer** Gazer is a semiconductor equipment and sensor developer.](https://millionrounds.com/company/gazer) Gazer is a semiconductor equipment and sensor developer. *Founded* 2021 China **$14M** last round Dec 2025
- 11 [**Longsheng Optoelectronics** Longsheng Optoelectronics is a high-tech firm that specializes in manufacturing, & sale of new materials for liquid crystal dimming films.](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. *Founded* 2021 China **$14M** last round Jan 2024
- 12 [**Saimai Measurement and Control** Saimai Measurement and Control is a manufacturer of semiconductor radio frequency test equipment.](https://millionrounds.com/company/saimai-measurement-and-control) Saimai Measurement and Control is a manufacturer of semiconductor radio frequency test equipment. *Founded* 2021 Suzhou **$14M** last round Sept 2025
- 13 [**Nostalgia Technology** Nostalgia Technology is a MicroLED chip and device design and development company.](https://millionrounds.com/company/nostalgia-technology) Nostalgia Technology is a MicroLED chip and device design and development company. *Founded* 2021 Suzhou **$14M** last round Mar 2024
- 14 [**Prometheus Materials** Prometheus Materials develops bio-cement with zero carbon emissions to reduce the global CO2 emissions.](https://millionrounds.com/company/prometheus-materials) Prometheus Materials develops bio-cement with zero carbon emissions to reduce the global CO2 emissions. *Founded* 2021 Boulder, United States **$10M** last round Nov 2024
- 15 [**Matium** Matium is a SaaS/Marketplace automating raw material markets.](https://millionrounds.com/company/matium) Matium is a SaaS/Marketplace automating raw material markets. *Founded* 2021 Millersville, United States **$8.9M** last round Oct 2026
- 16 [**Uplift360** Uplift360 is a cleantech startup focused on developing chemical-based technologies for recycling and reusing advanced materials, particularly in the defence and](https://millionrounds.com/company/uplift360) Uplift360 is a cleantech startup focused on developing chemical-based technologies for recycling and reusing advanced materials, particularly in the defence and *Founded* 2021 Luxembourg City, Luxembourg **$8.7M** last round Feb 2026
- 17 [**Covalo** Covalo is the largest ingredients discovery and data platform for the personal care industry, launched in 2021 and based in Switzerland.](https://millionrounds.com/company/covalo) Covalo is the largest ingredients discovery and data platform for the personal care industry, launched in 2021 and based in Switzerland. *Founded* 2021 Zuerich, Switzerland **$5.3M** last round Apr 2026
- 18 [**Mattiq** Mattiq is a materials design and development firm focused on clean chemistry, established in 2021 as a spin-off from Northwestern University’s International Ins](https://millionrounds.com/company/mattiq) Mattiq is a materials design and development firm focused on clean chemistry, established in 2021 as a spin-off from Northwestern University’s International Ins *Founded* 2021 Chicago, United States **$4.5M** last round Dec 2024
- 19 [**DMAT** DMAT is an Italian deep-tech startup founded in 2021, specializing in the development of innovative concrete formulas and fillers.](https://millionrounds.com/company/dmat) DMAT is an Italian deep-tech startup founded in 2021, specializing in the development of innovative concrete formulas and fillers. *Founded* 2021 Milan, Italy **$4.5M** last round Oct 2025
- 20 [**Cosmic Shielding Corporation** Cosmic Shielding Corporation (CSC) is an aerospace and defense technology firm based in Atlanta, Georgia.](https://millionrounds.com/company/cosmic-shielding-corporation) Cosmic Shielding Corporation (CSC) is an aerospace and defense technology firm based in Atlanta, Georgia. *Founded* 2021 Huntsville, United States **$4.0M** last round Jul 2025
- 21 [**ThinkMetal** ThinkMetal is a Chennai-based deep-tech startup founded in 2021, specializing in compact metal 3D printers and a comprehensive metal additive manufacturing ecosystem.](https://millionrounds.com/company/thinkmetal) ThinkMetal is a Chennai-based deep-tech startup founded in 2021, specializing in compact metal 3D printers and a comprehensive metal additive manufacturing ecosystem. *Founded* 2021 Chennai, India **$2.8M** last round Oct 2026
- 22 [**Heartwood Biomass** Heartwood Biomass is a wood products manufacturer based in Wallowa, Oregon.](https://millionrounds.com/company/heartwood-biomass) Heartwood Biomass is a wood products manufacturer based in Wallowa, Oregon. *Founded* 2021 Wallowa, United States **$2.2M** last round Oct 2025
- 23 [**Enoflex** Enoflex Limited is a UK-based manufacturer specializing in cost-effective composite pipes for the energy transition.](https://millionrounds.com/company/enoflex) Enoflex Limited is a UK-based manufacturer specializing in cost-effective composite pipes for the energy transition. *Founded* 2021 United Kingdom **$2.1M** last round Nov 2024
- 24 [**Movopack** Movopack is a Milan-based startup founded in 2021 that specializes in sustainable packaging solutions for the e-commerce and retail sectors.](https://millionrounds.com/company/movopack) Movopack is a Milan-based startup founded in 2021 that specializes in sustainable packaging solutions for the e-commerce and retail sectors. *Founded* 2021 Milan, Italy **$2.1M** last round Nov 2024
- 25 [**Dragonfly Advanced Materials** Dragonfly Advanced Materials is a UK-based company specializing in advanced materials, particularly as the sole producer of silica aerogels in the UK.](https://millionrounds.com/company/dragonfly-advanced-materials) Dragonfly Advanced Materials is a UK-based company specializing in advanced materials, particularly as the sole producer of silica aerogels in the UK. *Founded* 2021 Prudhoe, United Kingdom **$2.0M** last round Sept 2026
- 26 [**Greenext** Greenext specializes in sustainable fashion, lifestyle products, and professional services.](https://millionrounds.com/company/greenext) Greenext specializes in sustainable fashion, lifestyle products, and professional services. *Founded* 2021 France **$2.0M** last round Jul 2010
- 27 [**Renegade Plastics** Renegade Plastics offers an alternative to PVC-coated fabrics for a circular plastics economy in industry and agriculture.](https://millionrounds.com/company/renegade-plastics) Renegade Plastics offers an alternative to PVC-coated fabrics for a circular plastics economy in industry and agriculture. *Founded* 2021 Green Bay, United States **$2.0M** last round Oct 2026
- 28 [**Soarce** Soarce synergizes seaweed and nanotechnology to produce high performing, protective, and low-carbon fabrics and leathers.](https://millionrounds.com/company/soarce) Soarce synergizes seaweed and nanotechnology to produce high performing, protective, and low-carbon fabrics and leathers. *Founded* 2021 Orlando, United States **$2.0M** last round Mar 2026
- 29 [**ReCatalyst** ReCatalyst develops next-generation PEM fuel cell catalysts.](https://millionrounds.com/company/recatalyst) ReCatalyst develops next-generation PEM fuel cell catalysts. *Founded* 2021 Ljubljana, Slovenia **$1.9M** last round Jul 2023
- 30 [**Pirta** Pirta is a passive cooling technology firm based in Harrogate, UK, focused on developing climate-cooling solutions through innovative paint formulas and coatings.](https://millionrounds.com/company/pirta) Pirta is a passive cooling technology firm based in Harrogate, UK, focused on developing climate-cooling solutions through innovative paint formulas and coatings. *Founded* 2021 Harrogate, United Kingdom **$1.7M** last round Oct 2024
- 31 [**High Temperature Material Systems** High Temperature Material Systems manufactures and develops advanced materials for the engineering industry.](https://millionrounds.com/company/high-temperature-material-systems) High Temperature Material Systems manufactures and develops advanced materials for the engineering industry. *Founded* 2021 Malmesbury, United Kingdom **$1.7M** last round Oct 2025
- 32 [**Phytolipid Technologies** Phytolipid Technologies is specialize in the research and production of lipids in plants and algae and experts in lipid analysis.](https://millionrounds.com/company/phytolipid-technologies) Phytolipid Technologies is specialize in the research and production of lipids in plants and algae and experts in lipid analysis. *Founded* 2021 Yokohama, Japan **$1.5M** last round Jun 2025
- 33 [**Mimicrete** Mimicrete is a deep-tech startup based in Cambridge, UK, founded in 2021 by researchers from the University of Cambridge.](https://millionrounds.com/company/mimicrete) Mimicrete is a deep-tech startup based in Cambridge, UK, founded in 2021 by researchers from the University of Cambridge. *Founded* 2021 Cambridge, United Kingdom **$1.2M** last round Mar 2026
- 34 [**Optikan** Optikan is a French deep-tech startup based in Blanquefort, Bordeaux, founded in 2021.](https://millionrounds.com/company/optikan) Optikan is a French deep-tech startup based in Blanquefort, Bordeaux, founded in 2021. *Founded* 2021 Blanquefort, France **$905K** last round Jun 2024
- 35 [**ChemCloud** ChemCloud is a Melbourne-based digital platform established in 2021 that focuses on transforming procurement and sales processes in the chemical industry.](https://millionrounds.com/company/chemcloud) ChemCloud is a Melbourne-based digital platform established in 2021 that focuses on transforming procurement and sales processes in the chemical industry. *Founded* 2021 Hawthorn, Australia **$831K** last round Jul 2022
- 36 [**Group1** Group1 is an American company specializing in potassium-ion battery technology.](https://millionrounds.com/company/group1) Group1 is an American company specializing in potassium-ion battery technology. *Founded* 2021 Austin, United States **$275K** last round Jan 2024
- 37 [**Sages** Sages is a manufacturing company that develops natural dyes from food waste.](https://millionrounds.com/company/sages) Sages is a manufacturing company that develops natural dyes from food waste. *Founded* 2021 London, United Kingdom **$250K** last round Oct 2025
- 38 [**Amatec** Using High-Density Gypsum to construct more eco-friendly, cheaper, faster built, and stronger houses](https://millionrounds.com/company/amatec) Using High-Density Gypsum to construct more eco-friendly, cheaper, faster built, and stronger houses *Founded* 2021 Newark, United States **$240K** last round Dec 2024
- 39 [**Thermalytica** Thermalytica manufactures, researches, develops, markets, and advises on heat insulating and heat shielding materials.](https://millionrounds.com/company/thermalytica) Thermalytica manufactures, researches, develops, markets, and advises on heat insulating and heat shielding materials. *Founded* 2021 Tsukuba, Japan **$50K** last round Jun 2024

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies founded in 2021 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.

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## More chemicals & materials lists

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