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Home GREEN

Danish PhaseTree gets €3M boost to develop sustainable alternatives for industry

Arctic Startupby Arctic Startup
March 10, 2025
Reading Time: 5 mins read
in GREEN, SCANDINAVIA&BALTICS
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Copenhagen-based startup PhaseTree has secured €3M from Heartcore Capital to advance its AI-powered platform for sustainable material discovery. The company applies multiscale simulations and lab automation to accelerate the development of alternative materials, addressing reliance on rare earth metals and fossil fuels. By integrating AI with established scientific methods, PhaseTree aims to reduce material development timelines from decades to just a few years. The funding will be used to expand research efforts and scale commercialization, with applications spanning energy, transportation, and manufacturing.

With China controlling most of the rare earth supply chain and restricting rare earth processing exports, industries worldwide face risks of shortages, rising costs, and environmental concerns, making alternative materials more critical than ever.

However, developing new materials for batteries, solar panels, and wind turbines typically takes up to 20 years due to time-consuming trial-and-error lab testing.

Now, Denmark-based PhaseTree has developed a platform that integrates multiscale simulations, lab automation, and AI to shorten this process to two years.

“Our technology gives companies a smarter way to develop sustainable materials without years of trial and error. By combining AI with fundamental science and automation, we help industries find the right materials faster, reducing costs and making green innovation more accessible,” says Amit Luthra, CEO of PhaseTree.

Rather than relying on AI guesswork, PhaseTree uses proven scientific methods and enhances them with AI to make more accurate predictions. This approach allows researchers to forecast real-world performance before lab testing.

Unlike other AI-driven material discovery tools, PhaseTree actively identifies new chemical combinations and efficient ways to synthesize them, developing greener, more efficient, and durable materials while minimizing waste and reliance on scarce resources like fossil fuels and rare earth metals.

With this approach, PhaseTree has now secured €3M from Heartcore Capital to scale its impact.

“This investment allows us to advance our technology, grow our research team, and bring sustainable materials to market faster, helping industries adopt sustainable materials faster than ever before,” says Jin Hyun Chang, CTO and co-founder of PhaseTree.

Heartcore Capital, an early investor in Tink, GetYourGuide, and Peakon, among others, sees great potential in PhaseTree’s ability to drive sustainable innovation in material discovery.

“Materials play a crucial role in developing clean energy and sustainable technologies. PhaseTree makes it easier and faster to find better alternatives that can help reduce environmental impact and improve efficiency,” says Christian Lindegaard Jepsen, Partner at Heartcore Capital.

The funds will help expand the team, strengthen research, and make material development faster and more accessible to industries ranging from energy to transportation and construction, electronics, and healthcare, ultimately accelerating the transition to greener technologies.

Click to read more funding news.

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Read the orginal article: https://arcticstartup.com/phasetree-raises-e3m/

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June 6, 2023

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