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Mstack

Specialty Chemicals (AI)Houston, Texas, USA

Mstack (Mstack Inc.) is a specialty-chemicals startup founded in 2022 by Shreyans Chopra, headquartered in Houston with sourcing and R&D operations in India. It runs a cross-border platform for sourcing, testing and delivering specialty chemicals, and an AI system, Chemstack AI, for synthesis route design and chemical R&D.

1StartupFox story
2022Founded
Specialty Chemicals(AI)Sector
Aug 2026Latest coverage

Funding

Mstack has raised $40M across 1 disclosed round.

$40MRaised
$40MLatest round
$95MValuation
1Event
Chart appears once 2 more funding rounds are recorded — below that a chart shows less than the table does.
Oct 2024Round$40MLightspeed Venture Partners, Alpha Wave Global, HSBC Innovation Banking (debt) $95M

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest leadLightspeed Venture Partners1 round · 2024
Alpha Wave Global1 round · 2024
HSBC Innovation Banking (debt)1 round · 2024
Aggregated automatically from the disclosed rounds above.

Leadership

The Mstack journey

2022 · founded
Mstack founded by Shreyans Chopra as a cross-border specialty-chemicals sourcing and manufacturing platform, headquartered in Houston with operations in India.
Oct 2024 · funding
Round — $40M at $95M, led by Lightspeed Venture Partners.
Oct 2024 · milestone
Raised a $40M Series A co-led by Lightspeed and Alpha Wave Global, with HSBC venture debt, at a reported ~$90-100M valuation.
Sep 2025 · milestone
Launched Chemstack AI, an AI R&D platform for chemical synthesis, and reported 10x revenue growth with operational profitability (company-stated).
Aug 2026 · milestone
Reported to be in talks to raise a minimum of $30M from Alpha Wave, Lightspeed and Saudi Aramco's Prosperity7. Round not closed; terms unconfirmed.

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Frequently Asked

What is Mstack?

Mstack (Mstack Inc.) is a specialty-chemicals startup founded in 2022 by Shreyans Chopra, headquartered in Houston with sourcing and R&D operations in India. It runs a cross-border platform for sourcing, testing and delivering specialty chemicals, and an AI system, Chemstack AI, for synthesis route design and chemical R&D.

Who founded Mstack?

Mstack is associated with Shreyans Chopra.

How much funding has Mstack raised?

Mstack has raised $40M across 1 disclosed round. The most recent was a $40M round in Oct 2024.

Who are Mstack's investors?

Disclosed investors in Mstack include Lightspeed Venture Partners, Alpha Wave Global, HSBC Innovation Banking (debt).

What is Mstack's valuation?

Mstack was last reported at $95M, at the time of its round in Oct 2024.

What is the latest news on Mstack?

The most recent StartupFox coverage is “Mstack Is in Talks to Raise at Least $30 Million from Alpha Wave, Lightspeed and Prosperity7” (10 August 2026). All stories are listed on this page.