🇩🇰 PhaseTree raises €3 million from Heartcore Capital to accelerate discovery of sustainable materials
PhaseTree has secured €3M from Heartcore Capital to advance AI-powered simulations for sustainable material discovery. Their technology speeds up the process, reducing reliance on scarce resources and supporting the green transition.
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.
Scientific Principles Refined by AI
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.
“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.
Reduce Environmental Impact
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.
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.
About PhaseTree
Initially founded in 2021 as a startup from the Technical University of Denmark (DTU), PhaseTree transforms material discovery for industries worldwide using a unique physics-first, AI-on-top approach. Through advanced computer simulations and multi-scale modeling techniques bridging from the atomic to the millimeter scale, PhaseTree makes it easier and faster to discover new materials. This helps researchers and companies save time and money, supporting the development of next-generation materials for a greener and more resource-efficient future. The company is currently working with some of the world’s largest battery, automobile, and steel producers.
Originally published on 7 March by PhaseTree.
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