Interior decor startup Material Depot raises $10 million from Accel and Stellaris Venture Partners to enhance technology and expand product offerings.
Amount Raised
$10 Million
Round Type
Funding Round
BengaluruManufacturingE CommerceFashionBuilding MaterialInvestors
Description
Interior design startup Material Depot has secured $10 million in a funding round co-led by Accel and Stellaris Venture Partners. The funds will be utilized to strengthen its technology stack and expand its product portfolio. The Bengaluru-based company caters to both end consumers and professionals in the interior design space. This funding marks a significant step in responding to the growing demand for interior materials.
Quick answer
Material Depot raised $10 Million in a Funding Round round, dated February 5, 2026. Investors: Whiteboard Capital, Devc, MyAsiaVC, De VC, SOMA Capital, Ramakant Sharma, Ankit Nagori and Shashvat Nakrani. Material Depot is based in Bengaluru, Karnataka, India.
- How much did Material Depot raise?
- Material Depot raised $10 Million in a Funding Round round on February 5, 2026.
- Who invested in Material Depot?
- Whiteboard Capital, Devc, MyAsiaVC, De VC, SOMA Capital, Ramakant Sharma, Ankit Nagori and Shashvat Nakrani are named as investors in this round.
- What does Material Depot do?
- Material Depot is an interior design and home decor startup operating a consumer-facing platform for decorative materials like tiles, laminates, and wooden flooring.
- Where is Material Depot based and how big is it?
- Material Depot is based in Bengaluru, Karnataka, India. Fundz records about 100 employees.
- Who are the decision-makers at Material Depot?
- Fundz holds 1 contact at Material Depot. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as Material Depot that raised within 45 days of this round, from Fundz verified event records.
- Artociti raised $110K (Pre-Seed) on February 17, 2026.
- Vieve raised $12M on January 6, 2026.
- Aleran Software raised $3.1M (Seed) on March 17, 2026.
- Newton Golf Company raised $500K on March 16, 2026.
- VIAVIA raised $22M on March 13, 2026.
- ECD Auto Design raised $2.4M (Convertible Note) on March 12, 2026.
Who to call at Material Depot, and when
A new round usually means Material Depot is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Material Depot raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Material Depot, from your own LinkedIn network
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Related People
Material Depot 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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