Chennai, India – July 12, 2024 – CeraTattva InnoTech Private Limited, an innovator in pre-ceramic precursors/polymers and ceramic products, incubated at IIT Madras Incubation Cell and accelerated by Forge Innovation & Ventures, offers advanced high temperature materials solutions for the space. defense, energy and automotive sectors, proudly announces the successful closing of a funding round totaling Rs 1.31 crore.
The funding round was co-led by Campus Angels Network, an angel network dedicated to supporting deep tech startups incubated on university campuses across India, and Forge Innovation & Ventures, a leading vertically integrated company driving industrial transformation at scale national through open innovation and a startup accelerator. and technology venture programs for government and corporate sectors focused on seeding, accelerating and scaling innovations and hardware technology startups.
Leadership Perspectives
Dr. Ganesh Babu, Founder and CEO of CeraTattva: “This funding will significantly enhance our production capabilities to scale up and deploy our innovative materials solutions across key industries, guiding us towards a future driven by innovation and advanced technologies.
Chandran Krishnan, CEO and CEO of Campus Angels Network: “CeraTattva's dedication to advancements in materials science aligns perfectly with our investment philosophy of supporting deep technology companies with high market potential. “We are excited to support their vision and believe their innovative polymer-to-ceramic technology will set new standards in the aerospace and defense sector, driving significant industrial transformation.”
Vish Sahasranamam, Co-Founder and CEO of Forge Innovation & Ventures: “CeraTattva's transformation of polymers into ceramics represents a major advance in materials science, especially for high-temperature applications in the aerospace and defense sector. Its advanced ceramic products offer superior thermal stability, creep resistance and oxidation resistance, resulting in lower processing temperatures and cost savings. This investment aligns with our mission to seed, accelerate and scale hardware technologies and innovations to drive industrial transformation on a national scale.
Strategic Investment
The funds will support the establishment of a pilot production facility, product upgrades, market expansion and the creation of a strong team to accelerate CeraTattva's vision of becoming the new-age materials technology startup and manufacturer.
(Disclaimer: The above press release is provided by HT Syndication and will not assume any editorial responsibility for this content.)
The funding round was co-led by Campus Angels Network, an angel network dedicated to supporting deep tech startups incubated on university campuses across India, and Forge Innovation & Ventures, a leading vertically integrated company driving industrial transformation at scale national through open innovation and a startup accelerator. and technology venture programs for government and corporate sectors focused on seeding, accelerating and scaling innovations and hardware technology startups.
Leadership Perspectives
Dr. Ganesh Babu, Founder and CEO of CeraTattva: “This funding will significantly enhance our production capabilities to scale up and deploy our innovative materials solutions across key industries, guiding us towards a future driven by innovation and advanced technologies.
Chandran Krishnan, CEO and CEO of Campus Angels Network: “CeraTattva's dedication to advancements in materials science aligns perfectly with our investment philosophy of supporting deep technology companies with high market potential. “We are excited to support their vision and believe their innovative polymer-to-ceramic technology will set new standards in the aerospace and defense sector, driving significant industrial transformation.”
Vish Sahasranamam, Co-Founder and CEO of Forge Innovation & Ventures: “CeraTattva's transformation of polymers into ceramics represents a major advance in materials science, especially for high-temperature applications in the aerospace and defense sector. Its advanced ceramic products offer superior thermal stability, creep resistance and oxidation resistance, resulting in lower processing temperatures and cost savings. This investment aligns with our mission to seed, accelerate and scale hardware technologies and innovations to drive industrial transformation on a national scale.
Strategic Investment
The funds will support the establishment of a pilot production facility, product upgrades, market expansion and the creation of a strong team to accelerate CeraTattva's vision of becoming the new-age materials technology startup and manufacturer.
(Disclaimer: The above press release is provided by HT Syndication and will not assume any editorial responsibility for this content.)
