Rainmatter

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Macro Economy & Fiscal Policy 06 Nov 2026, 08:00 PM IST

altM Secures $10.3 Million to Scale Farm-Residue Chemicals Manufacturing

altM has raised $10.3 million in fresh funding from Rainmatter and Mela Ventures to expand its manufacturing capacity for speciality chemicals made from agricultural residue such as bagasse and rice straw. The investment underscores growing investor interest in industrial decarbonisation, circular manufacturing and value-added uses for crop waste in India.

By RDU Global Wire5 min read

Startups & Venture Capital3h ago

GalaxEye Secures Rs 63.84 Crore RDI Backing to Advance Indigenous Multisensor Satellite Tech

Bengaluru-based spacetech startup GalaxEye has won Rs 63.84 crore in financial support under the Centre's Research, Development and Innovation Fund to build its next-generation multisensor satellite platform. The project, backed by the Technology Development Board, aims to push the company's indigenous OptoSAR technology from prototype stage to an operational system capable of sub-0.5-metre Earth observation imaging.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Rainmatter:

New Delhi(1)Mela Ventures(1)India(1)altM(1)