Pre-Seed · €3.7MAltrove
AI-powered discovery of rare-earth material alternatives
Materials DiscoveryAI & Lab AutomationContrarian Ventures
altrove.ai →
Breaking Free from Rare Earths
The clean energy transition has a dirty secret: it depends heavily on rare-earth materials controlled almost entirely by China. From EV motors to wind turbines to electronics, these critical minerals represent a massive supply chain vulnerability. Altrove is using AI models coupled with an automated synthesis lab to discover, create, and scale alternatives — up to 100x faster than traditional materials science.
The French-Finnish startup raised €3.7M in pre-seed funding co-led by Contrarian Ventures and Emblem, with angel backing from HuggingFace CTO Julien Chaumond and Owkin CEO Thomas Clozel. Co-founded by Thibaud Martin (a second-time founder) and Dr. Joonatan Laulainen (Cambridge PhD, ex-CERN), Altrove emerged from Entrepreneur First.
Why It Matters
Rare-earth supply chain disruptions could derail everything from electric vehicle production to renewable energy deployment. Altrove's platform combines machine learning with robotic lab automation to test hundreds of material compositions simultaneously, compressing years of research into months. They've since raised a €9.2M seed round to continue scaling — a sign that the market for strategic material independence is heating up fast.
About Thibaud Martin
Thibaud Martin is a second-time founder and the co-founder and CEO of Altrove, a French-Finnish startup using AI to discover alternatives to rare-earth materials. He co-founded the company alongside Dr. Joonatan Laulainen, a Cambridge PhD and former CERN researcher, after the pair met through the Entrepreneur First program.
Martin launched Altrove to address a critical vulnerability in the clean energy supply chain — the world's dependence on rare-earth minerals controlled almost entirely by China. By combining machine learning with robotic lab automation, the company can test hundreds of material compositions simultaneously, compressing years of research into months.
Under Martin's leadership, Altrove secured a €3.7M pre-seed co-led by Contrarian Ventures and Emblem, attracting angel investors including HuggingFace CTO Julien Chaumond and Owkin CEO Thomas Clozel. The company has since raised a €9.2M seed round to continue scaling its platform.
Sources: Public press releases, SEC and state business filings, published interviews, news coverage, and company disclosures.