EIT RawMaterials
EIT RawMaterials GmbH is an EU-mandated innovation network that connects 300+ partners across research, industry, and startups to secure Europe's critical raw materials supply chain via Horizon Europe funding, strategic advisory, and education programmes.
- Company typePrivate
- Founded2020
- HeadquartersDenver, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What EIT RawMaterials does
EIT RawMaterials GmbH is an EU-funded knowledge and innovation community, legally domiciled in Berlin, Germany, that operates as the largest global raw materials innovation network with 300+ partners across academia, industry, and research institutions. Mandated by the European Commission in September 2020 to manage the European Raw Materials Alliance (ERMA) — an alliance of 150+ industrial and non-industrial stakeholders — the organisation coordinates Europe's critical raw materials strategy across mining, processing, recycling, and substitution. Its core technology is a platform architecture rather than a single product: it channels Horizon Europe programme funding through competitive KAVA (Knowledge and Innovation Activities) calls, operates structured Open Innovation Challenges that match corporates with startups, runs two education academies (European Raw Materials Academy, European Advanced Materials Academy), and hosts the annual EIT RawMaterials Summit in Brussels.
The business model is publicly funded rather than commercially priced. Revenue derives from multi-year Horizon Europe grants via the European Institute of Innovation and Technology (EIT) rather than customer-facing pricing. EIT RawMaterials functions as both an investor — deploying €200M+ into 600+ startups and supporting 250+ products to market — and a strategic advisor to high-impact projects aligned with EU green-transition objectives. Customer segments span startups and SMEs, mining/processing/recycling corporates, students and professionals, corporate innovation buyers, and European industrial ecosystems (automotive, energy, defense, high-tech). Distribution occurs through KAVA calls, Open Innovation Challenge programmes, ERMA membership and the Raw Materials Investment Platform, direct strategic advisory engagements, and flagship events. Notable technical initiatives include a hybrid physics-based and AI-enabled mine road infrastructure maintenance framework with KGHM Cuprum Ltd. and the development of European price benchmarks for critical minerals with Metalshub.
EIT RawMaterials firmographics
Firmographics- Name
- EIT RawMaterials
- Legal name
- EIT RawMaterials GmbH
- Website
- https://eitrawmaterials.eu
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- EIT RawMaterials GmbH is an EU-mandated innovation network that connects 300+ partners across research, industry, and startups to secure Europe's critical raw materials supply chain via Horizon Europe funding, strategic advisory, and education programmes.
- Ownership category
- akta.pro rank
EIT RawMaterials industry classification
Industry- Product category
- Raw Materials Innovation Network
- akta.pro primary industry
- Mine Action & Explosive Ordnance Risk Reduction (EOD/ERW) (BPADAFAH)
- akta.pro secondary industry
- E-Waste & Electronics Metal Recovery (ITAD, Circuit Boards, Precious Metal Recovery) (IMAKAMAG)
Keywords
Where EIT RawMaterials is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
EIT RawMaterials business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- EU Horizon Europe Funding: EIT RawMaterials operates as an EU-funded body under the European Institute of Innovation and Technology (EIT), delivering funding via open calls, grants, and project-based initiatives under the Horizon Europe programme to strengthen critical raw materials supply chains.
- Strategic Advisory Services: Providing strategic advice to high-impact projects supporting EU green energy transition objectives. Services aligned with EU policy objectives to build project investment cases.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
EIT RawMaterials product offering
Product offeringCore offering
EIT RawMaterials is an EU-funded knowledge and innovation community that connects research institutions, industry partners, and startups across the raw materials value chain. It delivers funding and strategic advisory services via programs such as the European Raw Materials Alliance (ERMA), KAVA innovation calls, and Open Innovation Challenges, and operates education academies for workforce development in mining, processing, recycling, and substitution of raw materials.
Product overview
EIT RawMaterials is a platform organization that connects Europe's knowledge and innovation community in the raw materials sector. Rather than a single product, it offers a multi-faceted portfolio including ERMA (European Raw Materials Alliance) for industry coordination, investment and funding services for startups and scale-ups, Open Innovation Challenge programs for corporate innovation, educational academies (European Raw Materials Academy, European Advanced Materials Academy), and the EIT RawMaterials Summit as a flagship annual event. The organization facilitates access to finance, supports business creation, and upskills talent across the raw materials value chain through various programs including KAVA funding calls and EIT Jumpstarter.
Differentiator
Problem solved
Functional benefit
Brands
- ERMA - European Raw Materials Alliance: An industry-driven alliance established by the European Commission to support critical and strategic raw materials supply chains for Europe, managed by EIT RawMaterials.
- KAVA Calls
Products and services
- European Raw Materials Alliance (ERMA) Industry-driven alliance established by the European Commission to support critical and strategic raw materials supply chains for Europe, bringing together industrial actors to diversify supply, create jobs, and attract investments.
- Start-Up to Scale-Up Investments
Quantifiable outcome
- 260+ Products & Services brought to market
- +4 more outcomes
Companies that use EIT RawMaterials
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles5 records
EIT RawMaterials technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
EIT RawMaterials partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor and core.
- Kazakhstan Ministry of Industry and ConstructionminorEIT RawMaterials is involved in agreements covering sulfuric acid plant feasibility studies and specialist training programs in Kazakhstan as part of EU-Kazakhstan industrial cooperation, aimed at expanding domestic industrial production and technology transfer capabilities.
- EBRD (European Bank for Reconstruction and Development)minorMOU between Kazakhstan's Ministry of Industry and Construction and EBRD to develop a minerals and metals Center of Excellence, with EIT RawMaterials involved in related industrial cooperation agreements.
- Dewulf NVminorBelgian agricultural machinery manufacturer Dewulf NV partnered in a €500 million cooperation with Kazakhstan for localization of production, with EIT RawMaterials involved in related industrial cooperation framework.
- Väderstad GroupminorSwedish firm Väderstad Group partnered in €500 million cooperation with Kazakhstan for localization of production, with EIT RawMaterials involved in related industrial cooperation framework.
- MetalshubcoreEIT RawMaterials is working with Metalshub, a metals sourcing platform, to develop European price benchmarks for critical minerals. The initiative aims to create transparency in opaque markets, enable off-take agreements, and spur investment into European mining and refining projects that have struggled to raise financing.
- GTK MinteccoreGTK Mintec partnered with Greenland Mines to conduct mineralogical, metallurgical, and processing-flow programs for the Skaergaard project as part of the broader vision to develop a North Atlantic critical-minerals corridor linking Greenland, Iceland, North America and Europe.
- Greenland Mines LtdcoreGreenland Mines Ltd and its 80%-owned subsidiary Major Precious Greenland A/S became members of the European Raw Materials Alliance (ERMA). The membership positions the Skaergaard Gold, Palladium, Platinum and Critical Metals Project within European critical raw materials discussions and provides access to strategic partnerships, offtake frameworks, and co-investment opportunities through ERMA's network of industrial users across automotive, energy, defense, and high-tech manufacturing.
- KGHM Cuprum Ltd.minorResearchers from KGHM Cuprum Ltd. and EIT RawMaterials GmbH developed a hybrid physics-based and AI-enabled framework using low-cost IMU sensors for underground mine haul road maintenance assessment, validated at the Olympias Mine in Northern Greece.
- Leading Edge MaterialscoreLeading Edge Materials was accepted as a project partner by EIT RawMaterials to contribute to Europe's raw materials ecosystem. The company is engaged in critical raw material projects in Europe and views this partnership as a strategic step forward.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
EIT RawMaterials competitors and assessment
Company assessmentBroad incumbents
- Fraunhofer Society: Germany's largest applied research organisation with 75+ institutes, comparable in mission (bridging research and industry commercialisation) and scale (thousands of employees across multiple domains). Functions as a broader incumbent in the European applied innovation ecosystem.
- European Innovation Council (EIC): Larger EU funding body under Horizon Europe distributing grants and equity to deep-tech and scaling startups. Overlaps with EIT RawMaterials on startup investment and innovation funding but operates more broadly across all sectors with substantially larger budgets.
- Catapult Network: UK network of not-for-profit technology and innovation centres connecting businesses with research expertise. Comparable in operating model (network of centres, business-led innovation challenges) but serving UK rather than EU ecosystem.
- VTT Technical Research Centre of Finland: Finland's national applied research organisation with strong activity in critical raw materials and bioeconomy. Comparable as a state-funded research-to-commercialisation bridge, though VTT operates owned labs rather than a partner network model.
Direct peers
- EIT Manufacturing: EIT KIC focused on manufacturing innovation with the same EU programme funding structure, KAVA call mechanism, and innovation challenge programmes. Direct structural peer operating the same playbook in an adjacent industrial vertical.
- EIT InnoEnergy: Sister EIT Knowledge and Innovation Community focused on sustainable energy; manages the European Battery Alliance and shares EIT RawMaterials' model of combining EU programme funding, startup investment, and education programmes. Most directly comparable peer given overlapping raw materials/battery materials mandate.
- EIT Climate-KIC: Another EIT KIC operating the same public-private innovation community model, funding climate solutions through KAVA calls, accelerator programmes, and Master's programmes. Comparable in mandate, funding mechanism, and governance structure to EIT RawMaterials.
- European Battery Alliance (EBA): EU policy-driven industry alliance managed by EIT InnoEnergy to build a European battery value chain. Directly comparable to ERMA in structure (industry alliance, EU mandate, value chain coordination), focused on batteries rather than broader raw materials.
Regional players
- Eurometaux: European non-ferrous metals industry association representing producers, refiners, and recyclers. Adjacent peer as a Brussels-based industry convening body serving the same metals and mining value chain stakeholders EIT RawMaterials engages.
Emerging players
- Circular Innovation Fund: Pan-European venture fund backed by EIT RawMaterials, Invest-NL, and CDP Venture Capital focused on circular economy startups. Co-investor in EIT RawMaterials' portfolio companies (e.g., Nanomox), making it a closely allied but distinct emerging player in the same ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
EIT RawMaterials social profiles
Digital presenceEIT RawMaterials financial estimates
Financial estimateRevenue estimate
Valuation estimate
EIT RawMaterials leadership team
Management profileNumber of profiles
Profiles1 record
EIT RawMaterials funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EIT RawMaterials M&A and investment
M&A and investmentM&A
Investments18 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EIT RawMaterials
What does EIT RawMaterials do?
EIT RawMaterials is an EU-funded knowledge and innovation community that connects research institutions, industry partners, and startups across the raw materials value chain. It delivers funding and strategic advisory services via programs such as the European Raw Materials Alliance (ERMA), KAVA innovation calls, and Open Innovation Challenges, and operates education academies for workforce development in mining, processing, recycling, and substitution of raw materials.
Is EIT RawMaterials a public or private company?
EIT RawMaterials is a private company. It is classified as state government owned and is currently operating.
When was EIT RawMaterials founded?
EIT RawMaterials was founded in 2020. It employs 101 to 250 people.
Where is EIT RawMaterials based?
EIT RawMaterials is headquartered in Denver, United States, in the North America region.
How does EIT RawMaterials make money?
Two revenue lines are on record. EU Horizon Europe Funding is the primary driver. The others are strategic Advisory Services.
Who are EIT RawMaterials's main competitors?
Broad incumbents on record are Fraunhofer Society, European Innovation Council (EIC), Catapult Network and VTT Technical Research Centre of Finland. Direct peers are EIT Manufacturing, EIT InnoEnergy, EIT Climate-KIC and European Battery Alliance (EBA). Eurometaux is listed as a regional player. Circular Innovation Fund is listed as an emerging player.
Does EIT RawMaterials have an API?
No public API is recorded for EIT RawMaterials.
What industry is EIT RawMaterials in?
EIT RawMaterials's product category is Raw Materials Innovation Network. Its primary akta.pro industry code is BPADAFAH, Mine Action & Explosive Ordnance Risk Reduction (EOD/ERW), with a secondary code of IMAKAMAG, E-Waste & Electronics Metal Recovery (ITAD, Circuit Boards, Precious Metal Recovery).