alqem is building European capacity for permanent magnets, part of the EU push to reduce dependence on Chinese rare-earth magnet supply. It targets magnet production for motors and industrial equipment. Customers are automotive, wind and industrial motor manufacturers.
European permanent magnet production for the rare-earth supply chain
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€8,000,000
Total raised
-
Valuation
5
Employees
2026
Founded
Latest round
Equity - July 1, 2026
Equity - €8,000,000
July 1, 2026
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