CeraTattva InnoTech is a space tech startup under the Indian Institute of Technology Madras that raised Rs 1.3 crore in the seed funding round. This funding round was co-led by Campus Angel Network and  Forge Innovation & Ventures. The startup plans to use these fresh proceeds to scale its operations,  market expansion, open a pilot production facility, and deploy ceramic and pre-ceramic polymer  products.  

The startup manufactures specialty chemicals for defense, automobile, and space-related applications.  The CEO of CeraTattva Innotech, Dr. Ganesh Babu mentioned that this investment will enable the firm  to enhance their production capabilities and develop more innovative solutions and advanced  technologies for various sectors. The CEO of the campus angel network, Chandran Krishnan told  Business Line that the startup’s material science advancements and mission align with the investment  philosophy of Angels Network to support deep-tech and high-market potential companies. The Forge  Innovation & ventures mentioned that the startup’s transformation of polymers into ceramics is a  breakthrough in materials science for high-temperature applications in aerospace and defense  applications. 

The company collaborated with global and Indian Academia and industry to offer immense value to  the brands and customer outreach portfolio. The firm uses advanced technologies and [project  management services to provide the best user experience and satisfaction. This startup aims to  remove the gap between academia and industry while augmenting research quality and improving  product portfolio. The company offers a multi-functional platform to provide various ceramic-based solutions to its clients. This space tech startup aims to develop precise engineered bioinert ceramics and enter the energy storage sector in the next few years. 

This startup was first started as a lab-scale experiment however it has quickly evolved into a key player  in the Indian space tech ecosystem. The founders of CeraTattva showed their gratitude to the Indian  Institute of Technology for providing various opportunities and resources including the labs and  mentorship. This investment will help the startup grow and incorporate its technology to aim for market expansion. CeraTattva competes with other space tech and defense startups. The company is  currently focused on offering cost-effective fiber-spinning devices while expanding its product  portfolio.  

Conclusion: 

CeraTattva Innotech is a space tech startup under the Indian Institute of Technology Madras. The  startup secured Rs 1.3 crore in its seed funding round led by Campus Angel Networks and Forge  Innovation & ventures. The company intends to use this fresh capital to scale its operations, enhance  its platform, open a pilot production unit, and deploy pre-ceramic and ceramic polymer products. This  strategic investment raised by the multi-functional platform will bring favorable market shifts in the  space tech startup, leading to growth with a significant change in the global market. The firm aims to  remove the gap between academia and industry while augmenting research quality and improving its  product portfolio. The company plans to enter the energy storage sector in the next few years.