EIT RawMaterials

EIT RawMaterials provides a collaborative environment for disruptive and breakthrough innovations by connecting business with academia, research, and investment. It also invests in future generations of innovators for the raw materials sector through initiatives ranging from the education of school students to higher qualifications for industry professionals.

Karen Hanghøj

CEO and Managing Director

Bernd Schäfer

CEO and Managing Director

Andreas Klossek Ph.D

COO and Managing Director

8 past transactions

ScrapBees

Seed Round in 2025
ScrapBees is a pick-up service for recycling scrap metal from public and private residences and businesses. When it comes to converting what was formerly deemed waste into raw material, they are a trustworthy partner for artisans, private homes, and entrepreneurs. the first scrapyard on wheels in the world, quick, technologically advanced, and practical.

AM 4 AM

Seed Round in 2024
AM 4 AM is a developer of advanced materials specifically designed for additive manufacturing. The company aims to support industry growth while reducing the carbon footprint associated with manufacturing processes. By focusing on performance and sustainable practices, AM 4 AM enables manufacturers to produce high-quality metal powders for additive manufacturing. These materials facilitate the creation of parts with exceptional properties, making them valuable to various target industries. The company's commitment to clean and responsible production reflects its dedication to fostering a sustainable future in manufacturing.

Oinride Oy

Pre Seed Round in 2024
We are a Finnish startup that aims to keep personnel at distance when operating in hazardous environments by deploying intelligent robots. Our solution lowers expenses while enhancing operator safety and productivity. Our six-wheeled robot, AutoJoe, is designed with off-road navigation in mind. For the mining, nuclear waste, security, and defence industries, the robot and in conjunction with our ControlWire® software is an ideal solution.

MagREEsource

Seed Round in 2023
MagREEsource focuses on enhancing the circular economy by offering green metallurgical solutions for the recycling of neodymium iron boron (NdFeB) magnets. The company specializes in short loop recycling, which allows the efficient recovery of materials to stabilize and diversify the supply of rare earth permanent magnets. Utilizing a proprietary hydrogenation-based recycling technology, MagREEsource manufactures high-performance magnets from recycled NdFeB powders, thereby enabling clients to incorporate sustainable materials into their products. This approach not only addresses supply chain challenges associated with rare earth elements but also supports environmentally friendly manufacturing practices.

Geopyörä Oy

Grant in 2022
Geopyörä is the state of the art in rock breakage characterization testing and it was developed to allow mining companies to test several samples at low cost for geometallurgical, comminution design and control applications

UP Catalyst

Grant in 2022
UP Catalyst is a manufacturer focused on producing sustainable carbon nanomaterials and graphite for the green energy storage sector. The company utilizes innovative electrolysis methods to convert carbon dioxide into these materials, addressing supply challenges in the graphite market while promoting environmental sustainability. By recycling waste materials, UP Catalyst provides eco-friendly solutions that enable clients to incorporate its nanomaterials into various applications, including battery and supercapacitor technologies, conductive coatings, polymer formulations, and water filtration systems.

Geopyörä Oy

Grant in 2021
Geopyörä is the state of the art in rock breakage characterization testing and it was developed to allow mining companies to test several samples at low cost for geometallurgical, comminution design and control applications

MAGNOTHERM

Grant in 2020
MAGNOTHERM, founded in 2019 and headquartered in Darmstadt, Germany, specializes in innovative cooling and heating technology utilizing magnetic materials. The company has assembled a team of over 40 experts with significant expertise in magnetic cooling and magnetocaloric materials. MAGNOTHERM aims to address the climate crisis by providing energy-efficient alternatives to traditional gas compression cooling, which contributes to at least 7% of global CO2 emissions. Its technology, which operates at low pressure, is designed to be up to 30% more energy efficient than existing systems while being non-explosive, non-flammable, and low maintenance. The company focuses on developing magnetic cooling systems suitable for various applications, including room temperature environments and hydrogen liquefaction plants, offering a sustainable solution that can help transition industries away from outdated gas compression methods.
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