Water-tech startup Althion raised Rs 3.6 crore in a pre-Series A funding round led by IAN Group-powered BioAngels to manufacture a tabletop laboratory water purification system.
Amount Raised
₹36 Million
Round Type
Pre-Series A
HyderabadManufacturingBiotechnologyWaterWater PurificationInvestors
Description
Althion has successfully raised Rs 3.6 crore in a pre-Series A funding round. The funds will be used to pilot the manufacture of its innovative water purification systems and support research and development efforts for enhancing kidney dialysis efficiency.
Quick answer
Althion raised ₹36 Million in a Pre-Series A round, dated November 28, 2024. Investors: Knk Venkatraman, Shubham Rastogi, Om Manchanda, Arun Seth and IAN Group-powered BioAngels. Althion is based in Hyderabad, Telangana, India.
- How much did Althion raise?
- Althion raised ₹36 Million in a Pre-Series A round on November 28, 2024.
- Who invested in Althion?
- Knk Venkatraman, Shubham Rastogi, Om Manchanda, Arun Seth and IAN Group-powered BioAngels are named as investors in this round.
- What does Althion do?
- Althion is a water-tech startup that develops cutting-edge ultra-pure water systems for healthcare, research, and semiconductor industries.
- Where is Althion based and how big is it?
- Althion is based in Hyderabad, Telangana, India. Fundz records about 5 employees.
- Who are the decision-makers at Althion?
- Fundz holds 2 contacts at Althion. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Water and Water Purification around the same time
Companies in the same sectors as Althion that raised within 45 days of this round, from Fundz verified event records.
- Ecovia Renewables raised $1.5M (Seed) on January 9, 2025.
- NewcelX raised $500K (Seed) on January 7, 2025.
- PeptiSystems raised $4.1M (Seed) on January 7, 2025.
- SpineGuard® raised $104K (Pre-Seed) on January 7, 2025.
- Arcuro Medical raised an undisclosed amount (Series A) on January 7, 2025.
- Botanic Healthcare raised $30M (Pre-Seed) on January 3, 2025.
Who to call at Althion, and when
A new round usually means Althion is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Althion raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Althion, from your own LinkedIn network
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Fundz sees it the moment Althion raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Althion 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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