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altM

altM is an alternate materials company that engineers agricultural residues and industrial bio-waste into purpose-built chemicals, materials, and energy. The company produces thermoset binders, silica, rheology modifiers, and cellulosic pulp under its altMorph product line, enabling customers to build low-carbon-footprint product lines across packaging, textiles, and pharmaceutical industries.

Traction 10/10
Bengaluru, India · HQ
Founded 20222810K+ followers
  • New Materials
  • Clean Technology
  • Chemical Technology
  • Biotechnology
Updated 2 days ago

Funding

Raised to date

$14.1MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

across 2 rounds

MGMGNMO+6

$10.3M · Series A

Announced Nov 2026 · from article date

Disclosed cumulative: $13.8M

2/2

Founders

3 founders

Apoorv Garg

CEO & Co-founder

Since Jul 2022 · 4 yrs 4 mos

Profile summary: Tesla Global Supply Manager

Harshad Velankar

Building altM

Since Apr 2024 · 2 yrs 7 mos

Profile summary: HPCL Chief Manager Bioprocessing

Yugal Jain

Chief Operating Officer & Co-founder

Product

Problem

Many industries rely on traditional materials derived from unsustainable resources, contributing to high carbon footprints and environmental degradation. Companies seek eco-friendly alternatives to reduce their reliance on these materials and minimize their impact on the environment.

Solution

altM converts lignocellulosic agricultural residues and industrial bio-residues into scalable bio-chemicals and biomaterials, offering sustainable substitutes for conventional materials. These bio-based alternatives can be used in various industries, including packaging, textiles, and pharmaceuticals. By utilizing waste biomass, altM enables companies to decrease their carbon footprint and transition to more sustainable supply chains. The resulting materials can be used as thermoset binders, silica, rheology modifiers, and cellulosic pulp.

Target Audience

Manufacturers and formulators in beauty and personal care, textiles, industrial chemicals, construction, packaging and consumer goods seeking bio-based alternatives to fossil-derived ingredients.

Features

  • Conversion of lignocellulosic agricultural residues and industrial bio-residues into bio-chemicals, biomaterials, and energy
  • Production of thermoset binders for composite and adhesive applications
  • Production of silica from agricultural waste for industrial use
  • Production of rheology modifiers for viscosity control in various formulations
  • Production of cellulosic pulp as a sustainable fiber source
  • Product line branding under the "altMorph" name, localized across multiple languages
This profile is AI-generated and may contain inaccuracies.