GREY Composite Wear Technologies has closed its first Series A funding round at Rs 58 crore (US$6.7 million), reflecting a shift in investor interest. The company is focused on advanced materials for heavy industries.
Amount Raised
$6.7 Million
Round Type
Series A
MaharashtraManufacturingMiningDescription
GREY Composite Wear Technologies, based in Maharashtra, has successfully raised a Series A funding round at a post-money valuation of Rs 58 crore. This marks a significant milestone, occurring just seven months after the company's incorporation. The funding highlights a growing investor interest in deep-tech manufacturing startups solving industrial challenges. Their innovative wear components are designed to enhance productivity in high-abrasion industries.
Quick answer
GREY Composite Wear Technologies raised $6.7 Million in a Series A round, dated July 11, 2026. GREY Composite Wear Technologies is based in Maharashtra, India.
- How much did GREY Composite Wear Technologies raise?
- GREY Composite Wear Technologies raised $6.7 Million in a Series A round on July 11, 2026.
- What does GREY Composite Wear Technologies do?
- GREY Composite Wear Technologies is a Maharashtra-based advanced materials company focused on developing Metal Matrix Composite (MMC) wear components.
- Where is GREY Composite Wear Technologies based and how big is it?
- GREY Composite Wear Technologies is based in Maharashtra, India. Fundz records about 11 employees.
Source: Fundz verified event record.
Who else raised in Mining and Manufacturing around the same time
Companies in the same sectors as GREY Composite Wear Technologies that raised within 45 days of this round, from Fundz verified event records.
- Hadrian raised $1.4B (Series D) on August 6, 2026.
- Nernst Electric raised $2M (Seed) on July 22, 2026.
- Nox Metals raised $12M (Seed) on June 17, 2026.
- Red Metals raised $10M (Seed) on June 4, 2026.
- Matter Motors raised $25M on August 25, 2026.
- Xpeng raised $900M (Series A) on August 25, 2026.
Who to call at GREY Composite Wear Technologies, and when
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- An alert the day GREY Composite Wear Technologies raises, hires an executive or expands, scored against what you sell
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Funding Insights
What this usually meansGREY Composite Wear Technologies 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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