# alcemy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alcemy

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.alcemy.tech
- Total disclosed funding: $20M
- Latest round: Series A (May 28, 2024)
- Investors on record: 13

## About

alcemy GmbH, headquartered in Berlin, Germany, specializes in AI-driven software solutions for the cement and concrete industry, enhancing production quality and sustainability.Founded in 2018 in Berlin, Germany, alcemy GmbH focuses on developing innovative software solutions for the cement and concrete sector. The company has successfully completed 3 funding deals, with the latest being a Series A round in May 2024, raising USD 10.00 mn led by Norrsken VC. The founding team includes Leopold Spenner and Robert Meyer, with Leopold Spenner serving as CEO. This round saw participation from both new and returning investors, including Galvanize Climate Solutions and AENU. The total amount raised by alcemy GmbH is USD 10.00 mn, with a current company valuation of USD 61.85 mn.alcemy offers AI-based software solutions specifically designed for the cement and concrete industry, aiming to optimize production quality and sustainability. The software enables predictive control over production processes, enhancing consistency and reducing operational costs. Targeting a diverse clientele in Europe and North America, alcemy's solutions address the industry's contribution to global CO2 emissions, facilitating a transition towards climate-neutral production methods.alcemy's revenue model is based on providing AI software solutions, likely structured through subscription services or partnerships with industry clients. The company operates primarily within a B2B framework, integrating its offerings into clients' production systems. The product range includes tailored software solutions for both concrete and cement, focusing on cost-effectiveness and sustainability without compromising quality, supporting clients in achieving their sustainability objectives.In May 2024, alcemy GmbH raised USD 10.00 mn in Series A funding, which will be utilized for research and development of its artificial intelligence-driven software and to expand its market reach. The company is targeting growth opportunities in new geographic regions and plans to launch upcoming products that enhance its existing offerings. The funding round was led by Norrsken VC, with participation from other investors, positioning alcemy for strategic advancements in the cement and concrete industry.

## Funding rounds

- Series A, May 28, 2024, $10M — MOMENI Group, Norrsken VC, BitStone Capital, Angel Invest Ventures, AENU, Hawktail, ER Capital Holding GmbH & Cie KG, Galvanize Climate Solutions
- Series A, Aug 22, 2022, $10M — MOMENI Group, Entrepreneur First, LocalGlobe, La Famiglia, Firstminute Capital, BitStone Capital, SEK Ventures, AENU, ER Capital Holding GmbH & Cie KG, Galvanize Climate Solutions

## Investors

- MOMENI Group — Series A
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Series A
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series A
- La Famiglia (https://capitalatlas.ai/funds/la-famiglia) — Series A
- Firstminute Capital (https://capitalatlas.ai/funds/firstminute-capital) — Series A
- BitStone Capital (https://capitalatlas.ai/funds/bitstone-capital) — Series A
- SEK Ventures — Series A
- AENU (https://capitalatlas.ai/funds/aenu) — Series A
- ER Capital Holding GmbH & Cie KG — Series A
- Galvanize Climate Solutions (https://capitalatlas.ai/funds/galvanize-climate-solutions) — Series A
- Norrsken VC (https://capitalatlas.ai/funds/norrsken-vc) — Series A
- Angel Invest Ventures (https://capitalatlas.ai/funds/angel-invest-ventures) — Series A
- Hawktail (https://capitalatlas.ai/funds/hawktail) — Series A
