altM, a Bengaluru-based specialty chemicals startup, raised $10.3 million in a Series A funding round led by Rainmatter by Zerodha, Chemical Weekly reported on 9 November 2026.
The company operates a bio-based specialty chemicals platform. The funding will be used to scale the business.
No further details on investors, revenue or production capacity were included in the report summary.
The raise reflects continued venture interest in bio-based and sustainable chemical manufacturing in India.
