ExciteLab startupChemReclaim successfully closed its first funding round, backed by Horizon Flevoland, Rabobank and Loyal VC. The startup from batch 3 develops high-performance nanopowders and ultra-thin coatings made from rare-earth and precious metals. By engineering these materials at the nanoscale, ChemReclaim enables manufacturers to achieve high performance while using significantly less metal, helping to reduce material consumption, costs and dependency on scarce resources.
Moreover, the team is working on recovering valuable critical metals from industrial waste streams and converting them into advanced materials that can be reused in high-tech applications. The technology is relevant for industries like semiconductors, energy and hydrogen and aerospace. With the new financing, ChemReclaim is now taking the next important step by moving its technology from the lab towards industrial validation.