About Althion
Althion is a company based in Hyderabad (India) founded in 2017 by Surya Rao. It operates as a HealthTech and Direct-to-Consumer (D2C). Althion has raised $590.06 thousand across 3 funding rounds from investors including C-CAMP, BioAngels and AIC-CCMB. Althion offers products and services including RO Systems for Hemodialysis Centres, Portable RO Systems for Home & ICU Dialysis, and Ultra-Pure Water Systems for Labs & Pharma. Althion operates in a competitive market with competitors including GOTECH Antimicrobial and Lauer, among others.
- Headquarter Hyderabad, India
- Founders Surya Rao
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Althion Tech Innovations Pvt. Ltd.
- Date of Incorporation 27 Jun, 2017
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$86.31 K (USD)0as on Mar 31, 2022
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Net Profit
-$55.8 K (USD)-6.19as on Mar 31, 2022
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EBITDA
-$74.47 K (USD)-46.83as on Mar 31, 2022
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Total Equity Funding
$590.06 K (USD)
in 3 rounds
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Latest Funding Round
$426.38 K (USD), Seed
Nov 28, 2024
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Investors
C-CAMP
& 6 more
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Employee Count
Not available
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Products & Services of Althion
Althion offers a comprehensive portfolio of products and services, including RO Systems for Hemodialysis Centres, Portable RO Systems for Home & ICU Dialysis, and Ultra-Pure Water Systems for Labs & Pharma.
RO systems are provided for hemodialysis centre applications.
Portable RO systems are designed for home dialysis use.
Ultra-pure water systems are developed for laboratory needs.
Funding Insights of Althion
Althion has successfully raised a total of $590.06K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $426.38 thousand completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Althion
Althion has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include C-CAMP, BioAngels and AIC-CCMB.
| Investor | Description | Founded Year | Domain | Location |
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Investment and support platform for biotech and related startups in India.
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Sector agnostic startup incubator
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Bioscience research, innovation, and entrepreneurship facilitation in life sciences are conducted in India.
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Locked | Locked | Locked |
Investor details for Althion
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Investments & Acquisitions by Althion
Investment portfolio details for Althion
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Financial Statements - Althion
Detailed financials for Althion
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Althion Comparisons
Peer comparison for Althion
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Competitors of Althion
Althion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GOTECH Antimicrobial and Lauer, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Creates graphene light-activated caps for infection prevention in medical devices.
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Water purification solutions for medical applications are provided by Lauer.
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Detailed competitors of Althion
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Latest news on Althion
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Frequently Asked Questions about Althion
Althion was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Althion is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Althion is a funded company, having raised a total of $590.06K across 3 funding rounds to date.
Annual revenue of Althion is $86.31K as on Mar 31, 2022.
Althion is focused on the development of IoT-enabled medical equipment and devices aimed at solving critical healthcare challenges. Based in Hyderabad, India, the company is involved in creating affordable solutions for healthcare use cases, particularly in the areas of ultra-pure water systems for kidney dialysis and laboratory settings. Products are also being developed for hemodialysis monitoring and heart health monitoring. The user-involved product development process is utilized to ensure relevance and effectiveness in real-world applications. Research and development efforts are supported by governmental agencies like the Department of Biotechnologys BIRAC, and licensing agreements for novel technologies are secured with institutions such as CSIR IICT.
Althion's top competitors include Lauer and GOTECH Antimicrobial.
Althion offers RO Systems for Hemodialysis Centres, Portable RO Systems for Home & ICU Dialysis, and Ultra-Pure Water Systems for Labs & Pharma.
The valuation of Althion is $1.79M as of Jan 2022.