This work focuses on the development of cross-linked polymer from a highly unsaturated vegetable oil, tung oil (TO) and a bio-based acrylate, furfuryl methacrylate (FMA). The presence of a high degree of unsaturated carbon-carbon bonding in TO makes it a suitable precursor for polymer synthesis. Using this advantage of TO, in this work, we have synthesised a cross-linked polymer from TO and FMA through free radical polymerisation followed by Diels–Alder (DA) reaction. Successful incorporation of both of the raw materials and the two chemical reactions was shown using Fourier-transform infrared (FTIR) and Raman spectroscopy. The development of cross-linked structure was analysed through thermogravimetric analysis (TGA) and dynamic mechanical analysis (DMA).