We recently announced our investment in Atomgrid, a B2B managed marketplace for specialty chemicals. Admittedly, the depths of specialty chemicals were once a mystery to me, until a crash course with the maestros Siddharth Gupta, Lakshit Bansal, and Pratik Chowdhury! Their insights were nothing short of a masterclass, pulling back the curtain on an industry that, according to a 2022 KPMG report, is pivotal to India’s economy. Projected to swell from $178 billion in 2021 to a robust $304 billion by 2025, this sector makes up 7% of India's GDP. Yet, impressive as these figures are, they weren’t the deciding factor in our decision to invest. Our conviction in Atomgrid stems from the exceptional people behind it - Siddharth, Lakshit, and Pratik. Their extensive research, integrity in acknowledging the industry's challenges, and the innovative solutions they propose are what truly set them apart. This team has demonstrated not only a deep understanding of the market but also the humility and courage to innovate and lead effectively. Their passion, resilience, and maturity convince us they’re equipped to navigate any challenge and steer their venture to success. I'm genuinely excited about what lies ahead for Atomgrid and look forward to celebrating each milestone we'll reach together. #VentureCapital #StartUps #Innovation #ChemicalIndustry #WeAreMerak https://lnkd.in/dc4HwbF4
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Big news in the specialty chemicals world! 🧪 Bengaluru-based Scimplify is on the verge of closing a $5 million funding round. This investment will fuel their innovative platform for sourcing and manufacturing. Watch this space for more exciting developments! 🚀 #Scimplify #Funding #Startup #TechInnovation #Investment #Success #Business #Growth #Entrepreneurship #VentureCapital #India #BelieveIndia To read more in detail, click below:👇 https://lnkd.in/g9wjuarY
Scimplify Secures $5 Million in Funding Round
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Atomgrid Raises Rs 10 Cr in Seed Round Led by Merak Ventures. Exciting news in the world of speciality chemicals! Atomgrid, the R&D-first platform for contract development, manufacturing, and sourcing, has just secured Rs 10 crore (approximately $1.2 million) in its seed funding round. Merak Ventures led the investment, with participation from Dexter Ventures, Upsparks Capital, Point One Capital and UniCards’s founders, Nitin Gupta and Prateek Jindal. Atomgrid, founded by Lakshit Bansal, Siddharth Gupta, and Pratik Chowdhury, is on a mission to empower Indian chemical manufacturers to establish a global footprint by solving critical challenges in R&D, global outreach, raw material sourcing, and tech enablement. This funding round will fuel Atomgrid's expansion plans, including enhancing its in-house R&D infrastructure, increasing global outreach, building a robust supply chain tech platform, and growing its team. Atomgrid competes with 3one4 Capital-backed Scimplifi and Nexus Venture Partners-backed Covvalent in a competitive landscape. Merak Ventures' investment in Atomgrid marks its third significant investment of the year, following previous investments in Farmtheory and Rupyz. Stay tuned for more updates as Atomgrid continues its journey towards revolutionizing the speciality chemicals industry! Read More: https://lnkd.in/egYK8g2Q #Atomgrid #MerakVentures #SpecialtyChemicals #SeedFunding #TechInnovation #ChemicalIndustry
Atomgrid Secures Rs 10 Cr in Seed Funding Led by Merak Ventures.
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We're #GreenEnergy Raw material production and Manufacturing Startup with Zero Debts or Bad Loans. With multiple Million Dollars Business Offers from Pharmaceutical, Manufacturing, Paint industries. Green Energy market size is USD 2024 Billion Dollar and it's expected to grow by 30% in upcoming decade. We're looking for an investment firm who can invest atleast 100 Cr to 300 Cr into our startup so that we can deliver pending orders to our customers. Our startup will deliver around 500 to 800 Cr revenue After delivering those orders. If you are an investor looking for an opportunity to invest into Green Energy Raw Material Producing and Manufacturing Company then here is your chance to get on board with us for long term. Pitch Deck Is waiting for you. #vc #vcfunding #startup #investors #venturecapital #business #greenenergy #greenenergyrevolution
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Future unicorn is looming! 🦄 If you're in the metal recycling industry, this could be interesting to you. 😉 👉 Meet Metaloop, an Austrian Startup that is making waves in the metal recycling industry. 🚀 Founded in 2022 by Jan Pannenbäcker & Alexander Schlick, their approach is all about helping businesses in this sector boost their revenue without the complexities of massive expansion. How? Through live matchmaking & democratized trade discovery, powered by advanced technology. 🏭 Metaloop offers a comprehensive solution for industrial manufacturing companies to manage their metal scrap. They operate a tech platform that efficiently coordinates logistics, optimizes financing, & opens doors to secondary raw materials supply. Metaloop primarily collaborates with multinational manufacturing firms, aiming to boost revenue from metal scrap while providing valuable insights into volumes & prices across different locations. In a recent funding round, they secured €16 million in investment. Leading this round was FirstMark Capital, with support from Silence VC & existing investors Statkraft Ventures & FJ Labs. Interesting, right? To find more exciting projects, check out PitchSee. 😉 #pitchsee #startup #investor #startupfunding #investing
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Exciting news! The application for the 2024 Startup TNT Cleantech Investment Summit is now OPEN! If you're a #Cleantech #startup in #Alberta, #Manitoba, or #Saskatchewan looking to raise capital, head over and start your application today! 👏 Apply here 👉 https://lnkd.in/e7r-wHEx #SectorSummits #LifeSciencesSummit #SectorSummits24
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🚨 SCOOP: Zypp Electric Bags $14 Mn From Japanese Energy Giant – ENEOS This is also ENEOS’ first investment in an Indian startup (To read more, click the article link in the comment section 👇🏽) #ZyppElectric #ZyppFunding #EVs #Indianstartups #Funding #Investment #MediaCoverage Inc42 Media #StartupIndia
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Taking advantage of some good weather for our weekly meeting as well as to hit some balls (badly). When discussing how we ensure #startups are attractive to #investors I always love Steve Smith's analogy of "we kick the tyres...hard". Would love to hear your thoughts on: What are the top reasons #biotech #investors give for not investing?
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In this Weekly Deal Radar, we present the 🇨🇦 10 latest Canadian deals, with the #biotech and food industries standing out as the most attractive sectors. 1️⃣ AlterBiota raised US$ 4M in seed funding led by returning investor Invest Nova Scotia and a new one - BDC Capital. Founded in 2018 by its current CEO Mark Masotti, it provides hydrous bio-graphene oxide admixtures for concrete mix designs. 2️⃣ Save Da Sea, a plant-based seafood company founded by Aki Kaltenbach, raised US$ 480.00K in seed funding also from BDC Capital, Spring Ventures LLP, What If Ventures, and York University Pension Scheme. 3️⃣ Potential raised US$ 1.46M in a seed extension by BRIGHT SPARK VENTURES LTD, New Brunswick Innovation Foundation, Build Ventures, and Farpointe Investments. Founded by Sam Poirier, it develops AI-powered analytic tools to improve vehicle safety and performance. The funding will be used to fuel their commercialization efforts. 4️⃣ Reunion Neuroscience, a clinical-stage biopharmaceutical company that develops and patents therapeutic solutions for the mental health industry, raised US$ 103M in series A thanks to MPM BioImpact, Novo Holdings, Arkin Holdings, Mitsui & Co. Global Strategic Studies Institute, Plaisance Capital, FemHealth Ventures, and Palo Santo. 5️⃣ Maia Farms raised US$ 2.3M in pre-seed funding co-led by new investors Joyful VC, PIC Investment Group, Koan Capital Corp., and some individual investors. 6️⃣ Netskrt Systems Inc., a provider of uncompromised UHD video streaming, raised US$ 7.31M in series A by Yaletown Partners, InBC Investment Corp., and Crédit Mutuel Equity. 7️⃣ Galatea Technologies, a waste management platform led by Chad Hayden (CEO) and Cara Haberstok (COO), raised US$ 1.97M in seed from Staircase Ventures, Ascent Energy Ventures, and NGIF. 8️⃣ Bioform Technologies, a biotech company offering alternative packaging solutions, founded by Mark Martinez and Jordan MacKenzie, raised US$ 5M in seed from Suzano Ventures. 9️⃣ BioIntelligence Technologies, an AI software and hardware solutions provider aiming to improve the efficiency of industrial bioprocesses, raised US$ 3.66M in seed thanks to Amplify Capital, Innospark Ventures, AQC Capital, Real Ventures, and Investissement Québec. 🔟 Qohash, a digital platform that enables its customers to secure, classify, and monitor their data assets, raised US$ 17.4M in Series B thanks to Fonds de solidarité FTQ, Export Development Canada | Exportation et développement Canada, and Desjardins. __________ For instant access to data on: ▶ 4,000,000+ private companies ▶ 750+ markets ▶ 31,000+ institutional investors ▶ 2000+ daily investment news & deals visit our website and request a free trial today! #DealPotential #privatemarket #canadianstartups #investmentmarket
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Visit the best online platform to buy BULK CHEMICALS !! Or Connect with us, we will help you #chemicals #marketplacechemicals #chemicalonline #sellchemicalonline #buychemicalonline #chemicalindustry #chemicalsellers #chemicalbuyers #chemicalsuppliers #b2bchemicals #startupinvestment #startupinvesting #startup #bidchemz
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FLV ENTERS COLD CHAIN SECTOR WITH INDICOLD INVESTMENT Fundalogical Ventures (FLV) has marked its debut investment by participating in the Pre-Series A funding round of INDICOLD, a technology-driven cold supply chain firm. The investment will primarily fuel Indicold's technological advancements, geographical expansion, and talent acquisition endeavors. FLV, supported by prominent figures, operates at the juncture of early growth, bridging venture capital and private equity realms. Focusing on burgeoning sectors like Supply Chain and Logistics, and related fields driven by supply chain efficiencies, FLV typically invests between ₹20 to 80 Crore in innovative early-stage companies. Mr. Tushar Jani, a sponsor of FLV, emphasizes the significant potential for growth in the cold logistics sector, given the rising demand for efficient solutions in India. Ratna Mehta, CEO & Managing Partner of FLV, underscores the belief in forthcoming innovations in the supply chain sphere to support India's consumption and manufacturing surge, expressing excitement in partnering with Indicold. Indicold's Co-founders, Niharika Jalan and Kartik Jalan, affirm the alignment of their ethos with FLV's, centered around growth, innovation, and sustainability. They highlight Indicold's focus on leveraging advanced technologies like Deep Tech, AI, and ML to revolutionize cold chain operations while emphasizing sustainability.
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