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alqem

Munich, Germany

pre-seed$8.7M raisedClimate TechAdvanced Materialssupply-chain

Total Raised

$8.7M

Stage

pre-seed

Location

Munich, Germany

Founded

2020

Team size

11-50

Links

About alqem

German startup working on Europe's magnet supply chain.

What sets it apart

Alqem uniquely combines AI-driven materials discovery with the world's largest materials database to develop rare-earth-free magnets that perform at high temperatures without rare earth dependencies.

Sectors

Climate TechAdvanced Materialssupply-chain

Business

Modelhardware

Customerautomotive, wind turbine, robotics, and electronics industries

Notable

  • $9M raised to discover rare-earth-free magnets
  • €8M raised to scale AI-driven Materials Discovery Engine
  • Establishing a European-led supply chain for advanced materials

Backing funds on Raise

Funding rounds

6 Jul 2026

Led by UVC Partners, Union Square Ventures

Source ↗

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FAQ

What does alqem do?

German startup working on Europe's magnet supply chain.

Where is alqem based?

alqem is based in Munich, Germany, founded in 2020.

How much has alqem raised?

alqem has raised $8.7M in tracked funding and is currently at the pre-seed stage.

Who has invested in alqem?

Investors in alqem include UVC Partners and Innovation Investment Fund.