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altM logo — accelerating the world's transition to sustainable Materials

altM

accelerating the world's transition to sustainable Materials

Founded 2022 India Bengaluru, India 11 employees Seed Total: $3.50M Biotechnology, Manufacturing

General Information

Company Name altM
Founded Year 2022
Location India Bengaluru, India +2
Employees 11
Industries Biotechnology, Manufacturing
Funding Stage Seed
Social

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About altM

altM, with the slogan "accelerating the world's transition to sustainable Materials," is a biotechnology startup founded in 2022, headquartered in India. The company is focused on developing scalable biomaterials using lignocellulosic agricultural residues to reduce carbon footprints across various industries. Their target industries include CPG/FMCG, apparel, industrial chemicals, and packaging. The startup recently secured a significant $3.50M Seed Round investment on 07 September 2023 from notable investors such as Omnivore, Theia Ventures, Thai Wah Ventures, Mirik Gogri, Paula Mariwala, Sanjiv Rangrass, Neha Mudaliar, and Maninder Gulati. With a focus on sustainable chemicals, biomaterials, and fuels, altM is poised to make a meaningful impact in the transition towards more eco-friendly materials across various industries.

Taxonomy: Biomaterials, Lignocellulosic agricultural residues, CPG/FMCG, Industrial chemicals, Packaging, Composites, Sustainable Chemicals, Fuels, Carbon footprint reduction, Materials innovation, Scalable biomaterials, Sustainable materials

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 8
Investor Investor Investor
•••• •••• 		07 Sep 2023

altM Alternatives & Competitors

altM vs
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Hexas Biomass
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Biosimo Chemicals
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FAQ About altM

accelerating the world's transition to sustainable Materials
altM was founded in 2022.
altM is headquartered in Bengaluru, India.
altM operates in the following industries: Biotechnology, Manufacturing.
altM has approximately 11 employees.
altM has completed 1 funding round, raising a total of $3.50M. The latest funding stage is Seed.
Top alternatives and competitors to altM include 三菱瓦斯化学（株）, Hexas Biomass, Biosimo Chemicals, Lygos, Clean Production Action. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
altM and 三菱瓦斯化学（株） are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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