Funding · 13 October 2026NuSynth Technologies₹36.5 CrAI chemical process R&D
NuSynth raises ₹36.5 crore seed funding
By Abha Lohia ·
- NuSynth Technologies, a Bengaluru startup, builds an AI and experimental-data platform that finds cheaper, cleaner ways to make complex chemicals
- Avaana Capital and Shastra VC co-led the ₹36.5 crore seed round, joined by seven to eight angel investors
- It aims to cut costs, lift yields and reduce reliance on imported raw materials, especially from China
What happened
- NuSynth raised ₹36.5 crore, about $4 million.
- Avaana Capital and Shastra VC co-led.
- Angels also joined the round.
Why it matters
- India relies on imports for advanced chemical intermediates.
- Platform seeks new synthesis routes.
The business
- Uses predictive models for chemical reactions.
- Weighs raw materials and process economics.
Who put in money
- Avaana Capital Co-lead
- Shastra VC Co-lead
Other articles talking about it
Terms in this story
- Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at low extra cost. India's government also has a narrower legal definition that decides who gets scheme benefits.
- Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a stock-market listing or a sale. Each step is larger than the last and asks for more proof.
- Seed round: Pre-seed and seed are the first money a startup raises from outside investors. The difference is mostly how much has been built when the cheque arrives: pre-seed backs an idea, seed backs an early product.
- Angel investor: An angel investor is a wealthy individual who puts their own money into a very young company, usually before it has steady revenue, in return for shares. In India, angels are often founders, executives or professionals who have built wealth and want to back the next generation.
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