EF Polymer secures $17.8 million funding to bolster sustainable innovation

Udaipur-based deep-tech startup EF Polymer has successfully closed its Series B funding round, raising a total of $17.8 million through a third-party allotment. The round saw enthusiastic participation from investors across diverse industries, underscoring strong confidence in the company’s mission to scale sustainable innovations globally.

Founded by Ankit Jain, Puran Singh Rajput, and Narayan Lal Gurjar, EF Polymer has developed 100% bio-based super absorbent polymers (SAPs) made from agricultural waste. These biodegradable polymers enhance soil water retention, significantly reduce irrigation needs, and support farmers in drought-prone regions. So far, the company has achieved global sales of 500 tons and upcycled more than 5,000 tons of agricultural residues into eco-friendly products.

EF Polymer says that it has emerged as a symbol of “Made in India” innovation with global impact. “This funding is more than a financial milestone—it’s a celebration of purpose-driven progress,” said Narayan Lal Gurjar, Founder of EF Polymer. “We are deeply honored by the trust our investors have placed in us and remain committed to delivering sustainable solutions that uplift communities and restore ecosystems.”

The company is currently conducting demonstration projects in France, Spain, Italy, and Portugal to combat drought challenges. With the new capital, EF Polymer aims to expand its R&D efforts, boost manufacturing capacity, and strengthen its presence in key international markets including Japan and the United States.

Beyond agriculture, EF Polymer is diversifying its technology into new verticals such as cosmetic thickeners, ice packs, and absorption sheets, reaffirming its mission to harness bio-based science for sustainable, everyday applications.

With operations across India, Japan, and the USA, EF Polymer continues to redefine climate-resilient agriculture and sustainable innovation on a global scale.

Recently, SVG Ventures Sunrise Agri Fund which is a $50m corporate venture fund has invested in EF Polymer. Before that Japan’s Toyoda Gosei Co. Ltd.  has invested JPY 570 million in the company.