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Funding · Enterprise Software & IT

Atomgrid raises $7 million in pre-Series A funding to expand global exports and R&D

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Date
Company
Atomgrid
What it does
Full-stack specialty chemicals platform integrating distribution, R&D, and proprietary product development
Kind
Funding
Amount
$7M
Stage
pre-series-a
Based in
Bengaluru
Sector
Enterprise Software & IT

What they do

Atomgrid is a full-stack specialty chemicals platform that integrates distribution, R&D, and proprietary product development to streamline the value chain…

What happened

The company raised $7 million in a pre-Series A round, combining equity and debt, led by A99 with participation from Sadev Ventures, CDM Capital, and…

Why it matters

Debt was provided by Trifecta, SIDBI, and RevX; atomgrid plans to use the funds to expand its global presence, establish on-ground teams in key…

The details

  • Atomgrid, a Bengaluru-based specialty chemicals platform, raised $7 million in a pre-Series A funding round to boost its global presence and product development.
  • Atomgrid plans to use the funds to expand its export footprint, establish on-ground teams in key international markets, and accelerate R&D for new product development.
  • $7 million was raised in a mix of equity and debt, with equity led by A99 and participation from Sadev Ventures, CDM Capital, and existing investor Merak Ventures.
  • Trifecta, SIDBI, and RevX provided the debt portion of the funding.
  • This follows a $1.25 million raise in May 2025 and a seed round of INR 10 crore in 2024.
  • Atomgrid serves over 150 active customers in more than 15 countries, with over 50% of its revenue coming from exports.
  • The company aims to deliver 3x revenue growth in FY26 compared to FY25.

The bigger picture

  • The global specialty chemicals market is valued at $4.7 trillion, with India holding a 4.3% market share.
  • India is increasingly seen as a value-driven partner in specialty chemicals, moving beyond cost arbitrage.
  • Atomgrid’s R&D-first, asset-light model aligns with India’s ambition to shift from being a volume supplier to a value-driven partner.
  • The company competes with startups like Scimplifi and Covvalent, which have also raised significant funding.

About the business

  • Atomgrid is a full-stack specialty chemicals platform that integrates distribution, R&D, and proprietary product development.
  • It serves four key segments: pharmaceuticals, agriculture, personal care, and flavor & fragrance.
  • The company has over 20 manufacturing sites in Gujarat and Telangana, with a production capacity of over 5,000 MTPA.
  • It has 5+ R&D centers and aims to develop proprietary IP through long-term R&D.
  • Atomgrid’s export-driven model targets global markets, with over 50% of its revenue coming from exports.

What happens next

  • Atomgrid plans to expand its global presence by setting up on-ground teams and offices in key international markets.
  • The company aims to accelerate R&D for new product development.
  • It is targeting 3x revenue growth in FY26.

The deal

Type
funding

Investors

Founders

  • Siddharth Gupta, Co-founder
  • Lakshit Bansal, Co-founder

About Atomgrid

Product
based specialty chemicals startup
Customers
Industrial enterprises in pharmaceuticals, agrochemicals, personal care, and flavour and fragrance sectors.
How it makes money
Charges for contract development, manufacturing, and international distribution of specialty chemical products.
What sets it apart
Full-stack platform integrating chemical R&D with a distributed network of partner manufacturing facilities.

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