Temasek-backed fund leads $2.2m round in Indian deeptech firm
Bangalore-based deeptech manufacturing startup Leumas has raised US$2.2 million in seed funding.
The round was led by Temasek-backed Capital 2B, with participation from Capital-A and Anicut Capital.
Leumas will use the funds to boost its R&D, expand manufacturing infrastructure, and launch pilot projects for wellness and pharmaceutical brands.
Leumas builds modular, software-driven robotic factories to enhance manufacturing flexibility and efficiency.
The startup has scaled over 120 products globally, including in India, the US, and the MENA region.
It has partnered with wellness brands and institutions to develop its solutions.
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Leumas’ funding comes as the contract manufacturing market is projected to grow at 8.70% annually from 2025 to 2033, reflecting increasing demand for flexible production capabilities1.
The startup’s approach directly addresses what’s becoming a $100+ billion opportunity in pharma and wellness manufacturing, where traditional fixed-capacity factories struggle to meet modern demands for personalized and targeted products.
Leumas has already validated its model by successfully scaling over 120 products across India, the US, and MENA regions, demonstrating market acceptance of software-defined manufacturing in highly regulated sectors2.
Their technology aligns with two major trends: the increasing complexity of product development that’s driving outsourcing demand, and the push for more agile, responsive production systems that can adapt quickly to changing market needs1.
Wellness and pharmaceutical brands increasingly need manufacturing partners who offer not just capacity but also flexibility in batch sizes and formulations, which is exactly what Leumas’ robotic factories are designed to provide3.
Leumas exemplifies how manufacturing is transforming from fixed infrastructure to pay-per-use service models, similar to how cloud computing transformed IT infrastructure.
The startup’s “asset-light” and “factory-as-a-service” approach mirrors broader industry shifts toward service-based manufacturing, where brands can scale production without massive capital expenditures3.
This model addresses a critical challenge in pharmaceutical and wellness manufacturing: the high costs and long lead times typically associated with setting up dedicated production facilities.
Contract manufacturing is increasingly recognized as a strategic solution for enhancing supply chain efficiency and scalability. For instance, many tech companies have adopted outsourcing to reduce costs significantly4.
For Leumas, positioning their manufacturing capabilities as an on-demand service allows wellness and pharma brands to focus on their core competencies while accessing specialized production expertise – a value proposition that’s proving attractive enough to secure substantial funding despite being a relatively young company founded in 20225.
Leumas represents the next wave of manufacturing innovation, where cyber-physical systems and AI-driven automation are not just enhancements but foundational components of production lines.
Their core innovation integrates AI-based robotics with vision-based quality systems, enabling unmanned production with regulatory compliance – capabilities increasingly viewed as competitive necessities rather than optional upgrades3.
The integration of these technologies addresses one of manufacturing’s most persistent challenges: maintaining consistent quality while scaling production, especially in highly regulated industries like pharmaceuticals.
Industry 4.0 technologies including AI and IoT are transforming manufacturing capabilities across sectors, enabling predictive maintenance and real-time monitoring that dramatically improve production efficiency6.
Leumas’ funding success signals investor confidence in manufacturing platforms that combine software intelligence with physical production – a trend likely to accelerate as brands seek manufacturing partners who can deliver both scale and precision7.
……Read full article on Tech in Asia
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