NuSynth raises $3.81M to rethink how chemicals are made
What's the deal? Mysore-based NuSynth Technologies has raised Rs 36.5 crore (about $3.81 million) in a round co-led by Avaana CapitalDealroom has a profile for this one. Try Dealroom → and Shastra VCDealroom has a profile for this one. Try Dealroom →. The startup is building a platform to find simpler, cheaper, and more efficient ways to manufacture complex chemicals.
What's the endgame? NuSynth wants to make chemical production more cost-efficient and sustainable. Cofounders Poorvank Purohit and Abhishek Deo say the platform aims to identify better routes to making chemicals.
The signal: Backing from two investors with sustainability and deep-tech focus points to rising interest in reengineering industrial chemistry — a sector where cheaper, cleaner processes carry both commercial and environmental weight.
Read more: economictimes.indiatimes.com
Image credit: usdoe
