Speciale Invest closes Rs 600 Cr fund III to back early-stage deeptech startups

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Chennai-based venture capital firm Speciale Invest has closed its Fund III at Rs 600 crore, exceeding its Rs 500 crore target. The fund will invest in sovereign technology and globally scalable intellectual property from India.

Speciale plans to back 18–20 early-stage deeptech startups in areas such as AI infrastructure, spacetech, climatetech, quantum systems, advanced manufacturing, and dual-use defence. 

Initial investments…



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Speciale Invest closes Rs 600 Cr fund III to back early-stage deeptech startups


Chennai-based venture capital firm Speciale Invest has closed its Fund III at Rs 600 crore, exceeding its Rs 500 crore target. The fund will invest in sovereign technology and globally scalable intellectual property from India.

Speciale plans to back 18–20 early-stage deeptech startups in areas such as AI infrastructure, spacetech, climatetech, quantum systems, advanced manufacturing, and dual-use defence. 

Initial investments…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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