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Founded Year

2018

Stage

Series A | Alive

Total Raised

$10.04M

Last Raised

$10.04M | 1 yr ago

About Alcemy

Alcemy is a company focused on sustainable cement and concrete production, operating in the construction and technology sectors. The company offers AI software that predicts and controls the quality of cement and concrete production, making it more cost-effective, reducing CO2 emissions, and maintaining consistent high quality. Alcemy primarily serves the construction industry. It was founded in 2018 and is based in Berlin, Germany.

Headquarters Location

Choriner Str. 83

Berlin, 10119,

Germany

+49 30 20848677

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ESPs containing Alcemy

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Construction Tech

The sustainable cement & concrete developers market is a growing segment within the construction industry that focuses on developing environmentally friendly and sustainable cement and concrete solutions. This market is driven by increasing awareness of the negative impact of traditional cement and concrete production on the environment, as well as government regulations and incentives promoting s…

Alcemy named as Challenger among 15 other companies, including CarbonCure Technologies, Solidia Technologies, and AICrete.

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Research containing Alcemy

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Alcemy in 1 CB Insights research brief, most recently on Sep 12, 2023.

Expert Collections containing Alcemy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Alcemy is included in 3 Expert Collections, including Construction Tech.

C

Construction Tech

969 items

Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more

A

Artificial Intelligence

10,958 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

A

Advanced Manufacturing

2,801 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

Latest Alcemy News

Decarbonizing Cement With AI: An Interview With alcemy Founder Leopold Spenner

Jul 1, 2021

By 1 hour ago What’s the story behind alcemy , and how did you arrive at the current product offering? Rob built the dynamic pricing pipeline for Flixbus (that autonomously controls >100,000 ticket fares a day), and I had spent most of my life working around CO2 reduction of cement and concrete. When we met at the second Entrepreneur First cohort in Berlin, it immediately clicked: I knew that the less CO2 concrete has, the more important autonomous control becomes. How would you describe the problems in cement, and which of those can be solved with alcemy? Cement, and later concrete, are made out of natural materials, so it is inherently challenging to produce it with consistent quality. Even more because one has to wait an entire month for the most important quality test result. Quality and production management is extremely manual and therefore imprecise — the resulting concrete has a high margin of error. This is a major roadblock for producing low-carbon concrete at scale (the construction material is responsible for 8% of worldwide CO2). Our predictive production control system removes this roadblock by increasing precision and transparency. Where will you be 5 years, and where will you be in 10 years? 5 years: Low-carbon concrete has become the standard in the EU and alcemy’s technology is steering the production of every single cubic meter. 10 years: alcemy has made ready-mixed concrete so easy that the developing world starts adopting it to industrialize their concrete production, so that we have helped reduce 1 Gigaton of CO2. In your view, what other tech needs to develop to make the building process less carbon intensive? Speaking about the entire building process, much more focus should be spent on repurposing old buildings instead of building completely new (happens often in Germany for single-homes in the outskirts of cities while the city centers are abandoned). Secondly, I believe regulation that favors eco-friendly tenders of GCs will have a far greater impact than any technology. Speaking about cement, it will be a combination of new natural input materials (e.g., clay), better quality control (with alcemy) and for the last 10-20% potentially carbon capture and reuse at a handful of Giga-Clinkerplants Europe-wide. What cleantech companies and organizations inspire you, and why? Definitely the efforts of Bill Gates and how he throws light on the huge CO2 emissions from making things like steel, cement and plastic. What are currently the biggest challenges for alcemy? Finding product-market fit and a viable business model: the supply chain is very complex and carries lots of legacy — finding our sweet spot that makes a difference, helps save CO2 and proves to be a viable business is a big challenge. Developing the technology is challenging because we deal with real-time data that tends to be messy and need to steer production based on this — 24/7 and carrying high responsibility. Hiring a diverse team — even though this was one of our key priorities, we are now 16 FTEs with only 4 females and 2 non-German-natives. We felt like efforts to get diverse talent into a pipeline that is already relatively empty makes it 10x harder and in our stage we did not have the capacity to handle this. Is there a particular company (organization) you wish you could work together with? Maybe someone is reading this and can help make the connection. Architects like Rem Koolhaas (OMA), Herzog & De Mauron, or Foster + Partners If you look at all your entrepreneurial activities, what do you wish you had known, or what mistakes would you try to avoid going into the future? I would try to avoid being too frugal, i.e., very conservative hiring roadmaps, and too critical with ourselves, i.e., not celebrating achievements along the way appropriately. Are you interested and excited to get into a region like China or the US early with Alcemy? Is this realistic? Not this early. We are a deep-tech company and have perfect conditions to develop our technology here in Europe (cement/concrete R&D happens predominantly in Europe // cluster of innovative large and SME producers, suppliers, universities and associations // CO2 imperative since 2005 through EU-ETS // strong and experienced talent). In 5-7 years down the line, an expansion to US and China is planned. What do you wish politicians would understand, and which law would you enact if you could? That public construction procurement should lead the way by incorporating CO2 into their tender criteria. What are the most underrated or underappreciated big trends in cleantech and society? Many people in my generation want to make an impact on halting global warming, usually with personal sacrifice (e.g. not flying, turning vegetarian, etc.). But this does not scale, and cement is a good example for this: 90% of cement is consumed in the developing world that still has lots of infrastructure to build — and sacrifice is not a solution these countries will accept. What IMHO is overlooked is that individuals from my generation in Europe can make a huge impact that goes far beyond personal sacrifice — when working on technical innovations in carbon-intensive industries: just like cement. Employees at alcemy can help save more CO2 than the entire flight sector emits — and since so few people work on cement, chances are high each and every individual will make a measurable impact. Industries that make things (steel, cement, plastic, aluminium, glass, paper, etc.) are not prominent in discussions around global warming — despite being system-critical, hardest to decarbonize and responsible for ~20% of worldwide CO2 emissions. Decarbonizing them requires huge amounts of electricity (optimally renewable, i.e. more wind mills and solar cells) and infrastructure (electricity grids, hydrogen grids, industrial railway grids, etc.) — but expansion is extremely slow in Germany due to e.g. strong objection rights for individuals and associations — making net-zero in 2045 a dream rather than a potential reality.

Alcemy Frequently Asked Questions (FAQ)

  • When was Alcemy founded?

    Alcemy was founded in 2018.

  • Where is Alcemy's headquarters?

    Alcemy's headquarters is located at Choriner Str. 83, Berlin.

  • What is Alcemy's latest funding round?

    Alcemy's latest funding round is Series A.

  • How much did Alcemy raise?

    Alcemy raised a total of $10.04M.

  • Who are the investors of Alcemy?

    Investors of Alcemy include Entrepreneur First, Tobias Nendel, La Famiglia, Firstminute Capital, Galvanize Climate Solutions and 7 more.

  • Who are Alcemy's competitors?

    Competitors of Alcemy include Carbon Limit and 4 more.

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Compare Alcemy to Competitors

Concrete.ai Logo
Concrete.ai

Concrete.ai is a data science company operating in the construction industry, with a specific focus on optimizing concrete. The company offers a decision-making tool that uses big data and artificial intelligence to optimize concrete performance and carbon reductions. Its tool integrates with existing industry software and allows users to predict properties, and apply constraints. The company primarily serves the construction industry. Concrete.ai was formerly known as Concrete-AI. It was founded in 2020 and is based in Los Angeles, California.

CarbonCure Technologies Logo
CarbonCure Technologies

CarbonCure Technologies develops clean technologies that convert waste CO2 into stone within concrete. It offers carbon removal technologies to surge greener building materials, engineers, owners, and developers. The company was founded in 2012 and is based in Dartmouth, Nova Scotia.

CarbonBuilt Logo
CarbonBuilt

CarbonBuilt is a company focused on industrial decarbonization within the construction industry. The company's main offering is ultra-low carbon concrete, a product that significantly reduces the carbon footprint of traditional concrete without compromising on cost or performance. The primary market for CarbonBuilt's products is the building industry. It was founded in 2020 and is based in Manhattan Beach, California.

Chement Logo
Chement

Chement develops zero-carbon cement intended to reduce carbon emissions. It uses renewable electricity and raw materials to produce cement for environmental improvements. It was founded in 2020 and is based in Chicago, Illinois.

C
Caidio

Caidio is a climate tech startup that focuses on optimizing the quality and productivity of global concrete construction. The company offers data-driven technologies that help in enhancing the quality of concrete production, reducing construction time, and cutting costs. These technologies primarily cater to the construction industry. It was founded in 2018 and is based in Espoo, Finland.

G
GreenVibe

GreenVibe is a technology company focused on the construction industry. The company offers a technology that measures the critical qualities of concrete in real time, reducing inefficiencies and waste in the construction process. GreenVibe primarily serves the construction industry. It is based in Beersheba, Israel.

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