Spenner
Assembly Line
Germany-based alcemy secures €9.25M to decarbonise the cement and concrete industry
Berlin-based alcemy, a deeptech startup, has secured $10M (approximately €9.25M) in funding to expand its cement decarbonisation solution. This funding follows alcemy’s partnership with Spenner, Germany’s fifth-largest cement manufacturer. Together, they have developed a commercial-grade low-clinker, low-carbon cement mixture, a first for the industry globally. The round, led by Norrsken VC, aims to advance alcemy’s research and development efforts and facilitate entry into new markets in 2024, including the United States.
Using machine learning and control technology, alcemy predicts cement and concrete quality properties. This approach provides real-time insights across the entire value chain, transforming traditional materials into data-driven high-tech products. alcemy’s solution enhances product quality, reduces production costs, and achieves CO2 reductions of up to 65 per cent.