AI-powered materials & applications matching engine

INVESTMENT COHORT / Q2 2025
INVESTMENT STAGE / Pre-Seed


TEAM

Malur Narayan, Co-Founder & CEO

Dr. Sirisha Kuchimanchi, Co-Founder & COO

Raghunandan Mathur, Co-Founder & CTO


XTRIUM is building a platform to accelerate materials innovation through automated combinatorial discovery and matching.

XTRIUM aims to become the central hub of a materials research, development, and innovation ecosystem, where manufacturers, product developers, and researchers collaborate. By leveraging data and advanced machine learning, XTRIUM will make finding a new application for any material as fast and easy as an internet search – compressing what used to take years into minutes​.

With geopolitical tensions escalating, and governments and corporations no longer able to rely on traditional upstream suppliers of critical raw materials and other components, we believe that platforms like the one XTRIUM has envisioned will become increasingly more necessary and vital as organizations of all types seek viable alternatives.


CO-INVESTORS

For founders building at the intersection of industry transformation and impact, REFASHIOND brings the rare combination of conviction, access, and roll up your sleeves kind of hands-on support.
— Malur Narayan, CEO & Co-founder, XTRIUM
At Xtrium, we’ve experienced firsthand what it means to have a true partner in REFASHIOND Ventures, not simply a capital provider, but a conviction-driven, hands-on collaborator.

From the earliest days, REFASHIOND was among the first to believe in our vision before the market caught up. Lisa and the team didn’t wait for proof. They leaned in early, backed us with their credibility, and made us sharper in the process. That early conviction is not something we take lightly.

What has genuinely distinguished this relationship is the depth of operational support. REFASHIOND has worked alongside our team to sharpen our messaging, refine our pitch narrative, strengthen our go-to-market positioning, and even engage directly in product discussions, helping us channel our energy in the right direction without ever being prescriptive. It’s a focused, founder-first approach that respects our judgment while giving us access to genuine expertise. That is rare.

Perhaps most uniquely, REFASHIOND actively cultivates an ecosystem across its portfolio. Rather than operating as a collection of isolated investments, they connect founders, surface opportunities for collaboration, and encourage their portfolio companies to act as an extended team. For Xtrium, whose own vision is deeply aligned with the transformation of industrial value chains, this network has been more than a perk. It is a strategic asset.

We are building something ambitious. Having REFASHIOND Ventures as partners makes that ambition more achievable.
— Raghunandan Mathur, CTO, XTRIUM
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