# altM funding rounds and investors

As of 5 Nov 2026, altM has raised $10.3M across 1 verified round on record; latest: $10.3 million Series A led by Mela Ventures and Rainmatter by Zerodha, announced 4 Nov 2026.

altM specializes in engineering waste biomass and industrial bio-residue into sustainable chemicals and materials.

Website: https://altm.bio  
Headquarters: Bengaluru  
Page: https://fireround.dev/companies/altm

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2026-11-04 | Series A | $10.3 million | Mela Ventures, Rainmatter by Zerodha | Aureolis Ventures, Omnivore VC, Spectrum Impact, Theia Ventures | [m.economictimes.com](https://economictimes.indiatimes.com/tech/startups/altm-raises-10-3-million-to-scale-production-of-specialty-chemicals-from-agricultural-waste/amp_articleshow/135543234.cms), [inc42.com](https://inc42.com/buzz/cleantech-startup-altm-raises-10-3-mn-to-scale-manufacturing), [msn.com](https://www.msn.com/en-in/news/other/cleantech-startup-altm-raises-103-mn-to-scale-manufacturing/ar-AA2gMzII) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.