Angel Investments

IIT-M incubated materials tech startup CeraTattva raises Rs.1.3 Cr

Business Line  

Chennai-based materials tech startup CeraTattva InnoTech , incubated at IIT-M, has raised INR 1.3 crore from Campus Angels Network (an angel network that supports deep tech startups incubated at university campuses across India) and deep tech accelerator Forge Innovation & Ventures.Founded by its CEO Ganesh Babu, CeraTattva provides specialised and proprietary preceramic precursors/polymers, ceramic products and solutions for applications across the space, defence, energy and automotive sectors.The new funds will support the setting up of a pilot production facility, and also for product upgrades, market expansion and building a team.

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