altM Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Employees
  • 28

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $10.3M

  • Investors
  • 16

altM General Information

Description

Manufacturer of bio-based materials and chemicals designed to replace petrochemical value chains with sustainable alternatives. The company's integrated biorefinery platform utilizes lignocellulosic agricultural residues to produce cellulose-based rheology modifiers, formaldehyde-free lignin adhesives, UV blockers, biopolymers, and industrial biochemicals, enabling manufacturers in the cosmetics, packaging, and construction sectors to adopt circular materials that integrate into existing production systems.

Contact Information

Website
www.altm.bio
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Plot Number 35, Electronic City
  • Phase 2 Industrial Area, Konappana Agrahara Village
  • Bangalore, Karnataka 560100
  • India
Primary Industry
Specialty Chemicals
Other Industries
Other Materials
Multi-line Chemicals
Vertical(s)
Nanotechnology, CleanTech, LOHAS & Wellness, Manufacturing, Climate Tech
Corporate Office
  • Plot Number 35, Electronic City
  • Phase 2 Industrial Area, Konappana Agrahara Village
  • Bangalore, Karnataka 560100
  • India

altM Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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altM Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Early Stage VC (Series A) 05-Nov-2026 $10.3M Completed Generating Revenue
4. Grant 13-Oct-2024 Completed Startup
3. Seed Round 01-Sep-2023 Completed Startup
2. Accelerator/Incubator Completed Startup
1. Accelerator/Incubator Completed Startup
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altM Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 4

    Pending

  • Expiring in next 12 mo

altM Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2026088083-A1 Method of manufacturing cellulose ether from agricultural residues Pending 23-Oct-2024
WO-2025243238-A1 Method for synthesizing silica reinforced polyester adhesive Pending 23-May-2024
WO-2025238610-A1 Method for obtaining cellulose ether from cellulose Pending 17-May-2024
WO-2025238590-A1 Method for isolating and obtaining non-biofuel-based products from agricultural by-products Pending 15-May-2024 D21H11/12

altM Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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altM Investors (16)

Investor Name Investor Type Holding Investor Since Participating Rounds
Mela Ventures Venture Capital Minority
Rainmatter Capital Corporate Venture Capital Minority
VC Grid Venture Capital Minority
ACT Grants Not-For-Profit Venture Capital
Aureolis Ventures Venture Capital Minority
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altM FAQs

  • When was altM founded?

    altM was founded in 2022.

  • Where is altM headquartered?

    altM is headquartered in Bangalore, India.

  • What is the size of altM?

    altM has 28 total employees.

  • What industry is altM in?

    altM’s primary industry is Specialty Chemicals.

  • Is altM a private or public company?

    altM is a Private company.

  • What is altM’s current revenue?

    The current revenue for altM is .

  • How much funding has altM raised over time?

    altM has raised $13.8M.

  • Who are altM’s investors?

    Mela Ventures, Rainmatter Capital, VC Grid, ACT Grants, and Aureolis Ventures are 5 of 16 investors who have invested in altM.

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