Ukhi, a biomaterials startup focused on developing sustainable, biodegradable packaging solutions, has raised USD 1.2 million in a pre-seed funding round. The round was led by 100Unicorns, with participation from Venture Catalysts, angel investor Avtar Monga, and debt funding from the Small Industries Development Bank of India (SIDBI).
The fresh capital will support Ukhi’s efforts to scale its production, enhance its materials research, and expand its sustainable packaging offerings globally.
Founded in 2019 by Priyanka Chauhan, Vishal Vivek, and Sundeep Kumar Tyagi, Ukhi specialises in producing compostable biomaterials derived from agricultural residues. The company’s innovative, patent-pending technology offers a viable alternative to traditional plastics, contributing to the bioeconomy and helping industries transition to more eco-friendly practices. With operations in Haryana and Uttarakhand, Ukhi is on a mission to reduce plastic pollution, prevent crop burning, and foster a circular economy.
The startup's cutting-edge biomaterials are based on lignocellulosic agricultural waste, providing scalable, sustainable alternatives to plastic. Ukhi aims to make a significant impact by offering biodegradable packaging solutions that help industries reduce their environmental footprint and accelerate the adoption of circular, sustainable practices.
With this funding, Ukhi plans to drive industry-wide transformation while competing with players like Traceless and Advanced Biomaterial Company in the growing biomaterials sector.
