Angel Investments
Materials tech startup UKHI raises Rs.10.5 Cr seed round
Faridabad-based UKHI , an IP-led biopolymer and sustainable materials company, has raised INR 10.5 crore in a seed funding round led by Venture Catalysts with participation from 100 Unicorns, 888 VC, and DCG Pack.Founded in 2019 by Vishal Vivek, Priyanka Chauhan, and Sandeep Kumar Tyagi, UKHI is focused on developing sustainable, compostable alternatives to conventional plastics. It leverages agricultural residues and lignocellulosic biomass to create high-performance, bio-based packaging materials.The new funds will be used to scale the production of EcoGran, its flagship product line, deepen formulation and process intellectual property, and strengthen partnerships across the packaging value chain.
In Nov 2024, Ukhi had attracted about USD 1.2 M from 100Unicorns, Venture Catalysts Angels and others.
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