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Europe’s magnet supply chain push gets €8 million boost from German startup alqem1 views

alqem, a Munich-based DeepTech startup building an AI-driven engine to discover and commercialise next-generation materials, has raised €8 million in pre-Seed funding in their effort to establish a European-led supply chain for materials. The round was co-led by UVC Partners and Union Square Ventures. “For the first time, we have a map of the materials universe. Not just a few known compounds, but

David Cendon Garcia · 6 Jul 2026