Bengaluru, India – In a significant move for India’s industrial tech landscape, Atomgrid, a rising R&D-first specialty chemicals platform, has successfully raised $7 million in a Pre-Series A funding round. The capital infusion, consisting of both equity and debt, is set to accelerate the company’s mission to build a global, full-stack orchestration layer for the specialty chemicals supply chain.

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The equity portion of the round was spearheaded by A99, an early-stage venture capital firm known for its focus on the manufacturing sector. The round also saw participation from new investors Sadev Ventures and CDM Capital, with continued support from existing backer Merak Ventures.

Complementing the equity investment, Atomgrid secured debt funding from prominent venture debt funds and banks, including Trifecta Capital, SIDBI, and RevX. This follows a $1.25 million seed round raised in May 2024, signaling strong investor confidence in the company’s rapid scaling capabilities.

Founded by Siddharth Gupta and Lakshit Bansal, Atomgrid operates in a global industry valued at over $800 billion. Despite India’s growing prowess, the sector has long been plagued by fragmented supply chains and underutilized manufacturing capacities.

Atomgrid’s “full-stack” approach integrates the entire value chain, from R&D and raw material sourcing to global distribution. By building a proprietary orchestration layer, the company empowers Indian manufacturers to meet the stringent quality and innovation demands of global buyers in the pharmaceutical, agrochemical, and performance chemical sectors.

Industry experts view Atomgrid as a catalyst for India’s shift from a volume-based supplier to a value-driven partner.

Vignesh Shankar, Managing Partner at A99, noted: “Atomgrid’s R&D-first approach addresses what global buyers seek: reliable innovation and scalable supply beyond mere cost arbitrage. They are perfectly aligned with India’s ambition to lead in specialty chemicals.”

Sheetal Bahl, Founding Partner at Merak Ventures, added that the founders’ focus and frugality have allowed them to deliver exceptional progress in a crowded market.

With a target to deliver 3x revenue growth in FY26, Atomgrid is well-positioned to capitalize on the “China Plus One” strategy adopted by global giants. By bridging the gap between Indian MSME manufacturing excellence and global demand, Atomgrid is not just a distributor, it is becoming a vital manufacturing partner for the future.