Althion, a water-tech startup, has raised ₹3.6 crore in a pre-Series A funding round. This funding was led by BioAngels, powered by IAN Group, with participation from investors like Arun Seth, Om Manchanda, KNK Venkatraman, and Shubham Rastogi.
Earlier, the Hyderabad-based company secured $180,000 from C-CAMP and other investors.
With the new funding, Althion plans to manufacture 40 units of its innovative tabletop laboratory water purification system. It will also boost its R&D efforts to improve kidney dialysis efficiency and sustainability. Additionally, the company intends to set up a larger facility to scale its operations.
Founded in 2017 by Surya Rao, Althion creates advanced ultra-pure water systems for the healthcare, research, and semiconductor industries. Supported by BIRAC and aligned with the “Make in India” initiative, the company empowers dialysis centres, biotech labs, and leading hospitals nationwide.
Althion aims to fill the gap in high-cost solutions with its affordable and high-quality products. Its proprietary Althion Remote Monitoring System (ARMS) enhances its offerings by enabling predictive and preventive maintenance. Top institutions like Sir Ganga Ram Hospital, Homi Bhabha Memorial Cancer Centre, Narayana Hrudayalaya, and Nephroplus centres already trust its products.
The company has received grants from BIRAC for developing tabletop and kidney dialysis products. Seed funding from C-CAMP Bangalore and AIC CCMB Hyderabad has also supported its growth. Furthermore, Althion has secured funding approval for CE marking and USFDA certifications, paving the way to expand into Latin America, Africa, and Asia.