Hyderabad watertech startup Althion raises Rs 3.6 crore led by BioAngels, others

Hyderabad-based watertech startup Althion has raised Rs 3.6 crore (or about $426,000) in a pre-Series A funding round led by BioAngels, an arm of the IAN Group, alongside notable investors Arun Seth, Om Manchanda, KNK Venkatraman, and Shubham Rastogi.

Prior to this round, the startup raised $180,000 in funding from C-CAMP and others.

What does Althion do?

Founded in 2017 by Surya Rao, Althion focuses on developing ultra-pure water systems that are tailored for healthcare, research, and semiconductor industries. The startup's products are empowering dialysis centres, biotechnology labs, and premier hospitals across the country.

It aims to address the high-cost solutions gap with its cost-effective, high-quality offerings.

Strengthening innovation and scaling operations 

With the latest investment, Althion plans to pilot the production of 40 units of its tabletop laboratory water purification system, support R&D efforts on products and solutions aimed at enhancing kidney dialysis efficiency and sustainability, and establish a larger facility to scale its operations.

Althion’s proprietary Althion Remote Monitoring System (ARMS) ensures predictive and preventive maintenance. The startup's cost-effective solutions aim to reduce dependency on high-cost imports while enhancing operational sustainability.

Expanding reach and securing certifications

Althion claims that its products are trusted by major healthcare institutions such as Sir Ganga Ram Hospital and Narayana Hrudayalaya. Notably, the startup's solutions are supported by BIRAC and align with the Make in India initiative.

It is preparing to seek CE marking and USFDA certification to tap international markets in Latin America, Africa, and Asia.