Pi Ventures, which backs early-stage deeptech firms, raised $8 million from British International Investment (BII), a UK-based finance institution and investor.
Following investments in businesses using artificial intelligence (AI), such as Locus, Limechat, Wysa, and Sigtuple, pi Ventures is now seeking to fund businesses using material science, such as an artificial food company, as well as biotechnology, nanotechnology, and space technology. “We have high hopes for India to become a global leader in deep technology and for Indian companies to establish themselves abroad. Additionally, we are advancing the same thesis “In a conversation with YourStory, Manish Singhal, founding partner of pi Ventures, stated.
