Tulon Materials Secures Rs. 10-Crore Seed Investment to Expand Sustainable Specialty Chemicals

In July 2026, Tulon Materials, a specialty chemical startup based in Mumbai, raised Rs. 10 crore in a seed funding round led by Karthik Sundar Iyer, with participation from Karan Goshar, Prakhar Pandey (Valour Capital), and Agam Shah. It will be used to invest in the company's portfolio of specialty chemicals, which are becoming popular for sustainable use in paints & coatings, printing inks, and adhesives, and also for its engineering, scale-up, and commercialisation projects. 

Key Highlights of Tulon Materials Sustainable Chemicals Platform

• AI-Enabled Research and Development: The company uses AI to improve its chemical simulations, product validation, and R&D process to accelerate material development, optimise product performance, and shorten commercialization cycle times. 
• Open Innovation Ecosystem: Tulon is currently building an open innovation platform comprising industrial partners, research institutions, as well as customers to speed up the validation of the product or the creation of new solutions for different applications in various industrial fields.

The fund will be invested to enhance Tulon's manufacturing capabilities, realize sustainable specialty chemical commercialization, and to further develop the innovation base for industrial applications. The company will strive to provide high-performance materials that will contribute to the reduction of carbon emissions and the environmentally friendly production of Coatings, adhesives, and Printing Inks.

Benefits of Tulon’s Sustainable Specialty Chemicals

• The Sustainable Specialty Chemicals Solutions offered by Tulon offer several benefits to the company. 
• They help adopt a circular economy as they transform challenging plastic waste into valuable industrial resins.
• Develops and test designs with Artificial Intelligence to increase materials performance.
• They reduce the carbon footprint of paints and coatings, adhesives, and printing.
• They support the sustainable development of products in collaboration with industry and research.

Impact on the Chemical and Materials Industry

Sustainable specialty chemicals can be used to enable a low-carbon chemical/materials industry through sustainable chemical manufacturing; sustainable resource use; and sustainable material use. To reduce the impact on the environment, manufacturers have been employing recycled and Bio-sourced raw materials. Furthermore, the use of AI for material discovery is driving innovation and performance enhancements in the development of products.

Businesses are increasingly under pressure to change from traditional petrochemical-based chemicals to more sustainable alternatives, due to the increasing regulatory pressure and corporate sustainability pledges. Advanced material technologies and waste upcycling are also being invested in to help industry take further steps towards decarbonisation, along with production efficiency.

New processes and feedstocks based on AI and the circular economy are likely to be employed in the future of specialty chemistry. Companies will be driven towards a competitive edge by investments in new material-based platforms which will contribute to sustainable development.

Impact on the Sustainable Construction Chemicals Industry

The global sustainable construction chemicals market size accounted for USD 77.15 billion in 2025 and is predicted to increase from USD 82.18 billion in 2026 to approximately USD 145.09 billion by 2035, expanding at a CAGR of 6.52% from 2026 to 2035. 

According to Precedence Research, specialty chemicals are being incorporated into construction materials that are becoming more sustainable by reducing the use of fossil fuels for feedstocks and carbon emissions. Investment in green infrastructure and the building products themselves that are green are driving a larger portion of the market.

The development of sustainable construction chemicals is driven further by the need for energy-efficient buildings, more and more strict environmental protection regulations, and the circular economy. The industry is expected to continue its growth trajectory with technological developments and innovative formulations.

Impact on the Green Chemicals Industry

The global green chemicals market size accounted for USD 161.87 billion in 2025 and is anticipated to reach around USD 421.66 billion by 2035, expanding at a CAGR of 10.05% between 2026 and 2035.

According to Precedence Research, the industry is aiming to become green with the help of green chemistry; the industry is attempting to remove carbon dioxide and is considerably adopting a friendly manufacturing process to be sustainable. Investment in bio-based materials and recycling technologies is helping to push the market forward at an increasing rate.

Innovation will be propelled by research into AI and the use of the circular economy and sustainable manufacturing. The Government's application of Green policies will further stimulate the growth of the green chemicals industry, and with increased demand, the green chemicals industry will continue to grow.

About Tulon Materials

Asesh Sarkar, Rabindranath Mandal, and Harsh Bhatt have been involved in the specialty chemicals business and have started their venture, Tulon Materials, in Mumbai in June 2022. The company has its own specialist technical team for specialty chemicals and advanced materials for paints, coatings, printing inks, and adhesives, with a special emphasis on sustainability. It has developed product lines, such as AI-fuelled material discovery platforms and plastic waste upcycling technologies that can transform complex polymer waste into industrial-grade resins. The ecosystem of cooperation between Tulon and research institutions and industry partners establishes a collaborative innovation environment that accelerates the development of products and materials, catalyzes the transition towards a circular economy and a low-carbon economy.