Fundz

Paris-based Altrove raises $10M in seed funding, led by Alven, to scale production of AI-designed materials and reduce reliance on imports.

PRIVATEOct 31, 2025

Amount Raised

$10 Million

Round Type

Seed

ParisManufacturingBiotechnologyArtificial IntelligenceMachine Learning

Investors

Thomas ClozelContrarian VenturesEmblemEntrepreneurs FirstJulien ChaumondThomas PlantengaMichal ValkoBpifrance's Digital Venture FundAlven

Description

Altrove has raised $10 million in seed funding to scale production of AI-designed, sustainable alternatives to critical materials. This round was led by Alven and includes participation from several notable investors. The funding will help expand its laboratories, grow its team, and increase production capacity. Altrove aims to accelerate material discovery and reduce reliance on imported resources in Europe.

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Company Information

Company

Altrove

Location

Paris, Ile-de-France, France

About

Altrove is a Paris-based company founded in early 2024. The company develops AI models coupled with an automated synthesis lab to accelerate the discovery process up to 100 times. It also invented a proprietary technology for characterization to learn from each experiment iteratively. Altrove helps find the optimal methods to produce relevant materials at an industrial scale.

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Altrove raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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