[Funding News] Atomgrid Secures INR 10 Cr Seed Funding Led by Merak Ventures

In its seed round, funded by Merak Ventures, Atomgrid, a platform for manufacturing and sourcing high-quality specialty chemicals, has secured Rs 10 crore, or about $1.2 million.

Dexter Ventures, Upsparks, Point One Capital, and the founders of UniCards, Nitin Gupta and Prateek Jindal, also participated in the round.

Read also - [Funding News] Myelin Foundry Secures $4 Mn Led by SIDBI Venture Capital

The company stated in a news release that the capital will be utilized to hire more people, develop a supply chain technology platform, broaden its worldwide presence, and enhance its internal R&D infrastructure.

Their goal is to use technology, creativity, and fundamental execution to bring down the specialty chemicals market globally.

About Atomgrid

Atomgrid is an R&D platform for development, manufacture, and procurement of specialized chemicals, founded by Lakshit Bansal, Siddharth Gupta, and Pratik Chowdhury.

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