# Atomgrid

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/atomgrid

- Industry: Chemicals
- Headquarters: Bengaluru, India
- Website: www.atomgrid.in/
- Total disclosed funding: $1.2M
- Latest round: Seed (Feb 29, 2024)
- Investors on record: 5

## About

Based in Karnataka, India, and founded in 2023, Truuchem Technologies Pvt. Ltd., dba Atomgrid, operates as a chemical manufacturing platform. Siddharth Gupta and Lakshit Bansal are the co-founders of the company. In January 2026, Atomgrid raised an undisclosed amount of pre-series A led by new investor a99, with participation from other new investors Sadev Ventures and CDM Capital. Returning investor Merak Ventures also participated in the round. The round was part of a larger 7 million pre-series A and venture debt funding.

The company’s product portfolio includes more than 1,700 items, ranging from agro intermediates to pharmaceutical active pharmaceutical ingredients (APIs). The firm’s agrochemical segment features products like 2,6-dichloro-1,3-benzoxazole, used in selective herbicides, and 4-phenoxyphenol, an essential ingredient in insecticides. The pharmaceutical segment boasts APIs such as salbutamol sulphate, which is used in asthma medications, and rosuvastatin, a popular cholesterol-lowering agent. In addition, Atomgrid supplies intermediates like iminodibenzyl and iminostilbene carbonyl chloride, which are vital for producing epilepsy drugs. The company caters to a global clientele across diverse needs in various industries, particularly agrochemicals and pharmaceuticals. Atomgrid’s expertise and services also encompass sourcing, CMO, and CDMO.

The company will use the funding to expand exports, build teams in key markets, and advance new product development through its R&D efforts.

## Funding rounds

- Seed, Feb 29, 2024, $1.2M — LVX, PointOne Capital, Upsparks, Dexter Ventures, Merak Ventures

## Investors

- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- PointOne Capital (https://capitalatlas.ai/funds/pointone-capital) — Seed
- Upsparks (https://capitalatlas.ai/funds/upsparks) — Seed
- Dexter Ventures (https://capitalatlas.ai/funds/dexter-ventures) — Seed
- Merak Ventures (https://capitalatlas.ai/funds/merak-ventures) — Seed