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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.

PRIVATENov 28, 2024

Amount Raised

₹36 Million

Round Type

Pre-Series A

HyderabadManufacturingBiotechnologyWaterWater Purification

Investors

Knk VenkatramanShubham RastogiOm ManchandaArun SethIAN Group-powered BioAngels

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.

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Company Information

Company

Althion

Location

Hyderabad, Telangana, India

About

Althion is a water-tech startup that develops cutting-edge ultra-pure water systems for healthcare, research, and semiconductor industries. Founded in 2017, the company focuses on enhancing kidney dialysis efficiency and sustainability through innovative solutions. Their products are trusted by renowned institutions across India and are supported by grants and funding from various organizations. Althion aims to provide cost-effective solutions to address the high-cost gap in water purification technology.

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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