Company Research Report
Company Overview
Name: altM
Mission: altM is an alternate materials company on a mission to accelerate the future of sustainable materials.
Founded: No specific founding date is available.
Founders:
- Apoorv Garg: CEO and Co-founder. Apoorv’s journey in climate tech began at UC Berkeley. After gaining experience at Suzuki, he joined Tesla, overseeing several factory and supply chain launches, before co-founding altM to develop revolutionary sustainable materials.
- Yugal Raj Jain: Chief Operating Officer and Co-founder. With academic training from MIT and NSIT, Yugal managed production and engineering launches at Tesla before co-founding altM to transform agricultural residue into sustainable, high-performance materials.
Key People:
- Dr. Harshad Velankar: Chief Scientific Officer. He has two decades of bioprocess research, having worked at HPCL, Praj Industries, and Reliance Life Sciences. He focuses on converting biomass into high-value products.
Headquarters: No specific information about the location of headquarters is available.
Number of Employees: No information is available.
Revenue: No information is available.
What is the Company Known For: altM is known for engineering sustainable solutions by converting waste biomass into purpose-driven chemicals, materials, and energy. It focuses on harnessing agricultural and industrial residues.
Products
Rheology Modifiers
Description: These additives are used in chemical formulations to control flow and viscosity, ensuring optimal texture and stability. They are derived from sustainable resources, offering excellent performance with a low carbon footprint.
Key Features:
- Hydroxypropyl Cellulose (HPC)
- Hydroxyethyl Cellulose (HEC)
- Eco-friendly Hydroxyethyl Cellulose (Eco HEC)
- Hydroxypropyl Methylcellulose (HPMC)
- Hydroxyethyl Methylcellulose (HEMC)
- Hydroxypropyl Starch (HPS)
- Hydroxyethyl Starch (HES)
- Carboxy Hydroxypropyl Starch (CHPS)
Thermoset Binders
Description: These binders are crafted from lignin, derived from ligno-cellulosic biomass, serving as a sustainable alternative to petrochemical solutions. They offer superior adhesion and durability, reducing reliance on fossil fuels.
Key Features:
- High Molecular Weight Thermoset Binders (Novolaks, Modified Novolaks, Adhesives)
- Low Molecular Weight Thermoset Binders (Resoles, Modified Resoles, Adhesives)
Hydrophobic Coatings
Description: Designed to protect surfaces by creating a barrier against water, dirt, and contaminants. These coatings extend the durability and maintain pristine conditions across various environments.
Cellulosic Pulp
Description: Sourced from sustainable materials, this pulp serves as an eco-friendly foundation for various applications, notably textiles, where it excels in delivering softness and durability.
Recent Developments
- New Products Launched: No specific new product launch information is available.
- New Features Added to Existing Products: No information on new features added.
- Partnerships: No information on any new partnerships.
Additional Information
- Technologies and Industries: Utilizing zero-waste biotech processes, altM maximizes resource utilization by transforming lignocellulosic residues into high-value chemicals and biomaterials. The company moves beyond wood-based feedstocks and fermentation-based production, offering solutions across multiple industries.
Note: Certain fields such as headquarters location, employee count, revenue, specific founding details, and recent developments lack available information. Further investigation may be needed to obtain comprehensive data in these areas.
