Startup Funding Tracker

Althion funding, investors and company details

Althion is an emerging Healthcare startup from Hyderabad, working in the space of Med-tech company pecializing in IoT-enabled ultra-pure water systems for dialysis centers, ICUs, laboratories, and research facilities. Founded by Surya Rao, Nagesh Velivelli.

  • Company: Contact Us Althion Tech Innovations Private Limited
  • Sector: Healthcare
  • Location: Hyderabad
  • Founders: Surya Rao, Nagesh Velivelli
  • Total funding raised: ₹7.2 Cr

Company overview

Althion Tech Innovations is a Hyderabad-based med-tech company founded in 2017, specializing in IoT-enabled ultra-pure water systems for dialysis centers, ICUs, laboratories, and research facilities. Its products deliver high-quality RO purification with remote monitoring via the Althion Remote Monitoring System (ARMS) for predictive maintenance, supported by BIRAC grants and CSIR-IICT technology licensing. Serving hospitals like Sir Ganga Ram and Nephroplus, Althion focuses on cost-effective, sustainable solutions for healthcare and semiconductor water needs.

Funding rounds

  • Latest round (Pre Series A): ₹3.60 Cr. ($ 0.43 Mn), 2024-11-28. Investors: BioAngels, IAN Group, Arun Seth
  • Past round (Pre Series A): ₹3.60 Cr. ($ 0.43 Mn), 2024-11-28. Investors: IAN Group, Arun Seth, Venkataraman KNK