altM

Raised $10.3M in a Series A round, announced 5 November 2026.

Total raised
$10.3M

Latest round Series ACountry IndiaSector OtherFounded 2022

Round

$10.3MSeries A, 5 November 2026

altM raised a $10.3 million Series A to expand manufacturing, research, customer qualification, and commercial operations.

Amount
$10.3M
Stage
Series A
Announced
5 November 2026
Leads
Rainmatter, Mela Ventures
Other investors
Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact, VC Grid
Use of funds
Expand manufacturing capabilities, research and development, customer qualification programmes, and engineering and commercial teams.
Checked
Amount and date matched across 3 press sources
Sources
Specialty chemicals startup altM raises $10.3 Mn led by Rainmatter, Mela Ventures entrackr.com
altM raises $10.3M in Series A funding led by Rainmatter, Mela Ventures yourstory.com
Cleantech Startup altM Raises $10.3 Mn To Scale Manufacturing inc42.com
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Company

Converts agricultural residue into high-performance industrial chemicals.

Based in
Bengaluru, India
Founded
2022
Sector
Other

Founders

Links

LinkedIn
Apoorv Garg ↗, Yugal Raj Jain ↗

Questions

How much has altM raised?

altM raised $10.3M in a Series A round, announced on 5 November 2026.

Who invested in altM?

Rainmatter and Mela Ventures led. Investors include Rainmatter, Mela Ventures, Omnivore, Theia Ventures, Aureolis Ventures and Spectrum Impact.