Specialty chemical startup Tulon Materials raises Rs 10 Cr in a seed round led by Karthik Sundar Iyer to accelerate engineering and commercialisation of sustainable specialty chemicals.
Amount Raised
₹100 Million
Round Type
Seed
MumbaiManufacturingBiotechnologyRenewable EnergyInvestors
Description
Tulon Materials has raised Rs 10 crore in a seed funding round led by investor Karthik Sundar Iyer. The funding will help the startup accelerate the engineering and commercialisation of products in various applications, including paints and coatings. Investors also included Karan Goshar, Prakhar Pandey, and Agam Shah. Founded in June 2022, Tulon focuses on developing sustainable specialty chemicals and advanced materials.
Quick answer
Tulon Materials raised ₹100 Million in a Seed round, dated July 2, 2026. Investors: Agam Shah, Prakhar Pandey, Karthik Sundar Iyer and Karan Goshar. Tulon Materials is based in Mumbai, Maharashtra, India.
- How much did Tulon Materials raise?
- Tulon Materials raised ₹100 Million in a Seed round on July 2, 2026.
- Who invested in Tulon Materials?
- Agam Shah, Prakhar Pandey, Karthik Sundar Iyer and Karan Goshar are named as investors in this round.
- What does Tulon Materials do?
- Tulon Materials is an R&D-led engineering startup focused on developing high-performance and sustainable specialty chemicals.
- Where is Tulon Materials based and how big is it?
- Tulon Materials is based in Mumbai, Maharashtra, India.
Source: Fundz verified event record.
Who else raised in Renewable Energy and Manufacturing around the same time
Companies in the same sectors as Tulon Materials that raised within 45 days of this round, from Fundz verified event records.
- Catalyxx raised $23M (Grant) on July 9, 2026.
- BLUEMagnet raised an undisclosed amount (Seed) on June 8, 2026.
- P2 Science raised $23M (Funding Round) on May 26, 2026.
- ScopeSys raised $872K (Seed) on August 14, 2026.
- Hengxuan Robot Joint Technology (Shenzhen) Ltd raised an undisclosed amount (Seed) on August 14, 2026.
- EDAP TMS raised $40M (Post-IPO Equity) on August 14, 2026.
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