Speciale Invest Looks To Back Deeptech Disruption With INR 140 Cr Fund II
India, April 8 -- Seed stage venture capital firm Speciale Invest, which invests in deep tech startups, has raised INR 140 Cr for its second fund to make investments across India and Asia.
While the firm had aimed to raise INR 100 Cr for its second fund, it was oversubscribed to its present amount. The amount has been raised from large family offices of Indian business houses, founders, and CEOs of technology and industrial companies.
The VC firm had raised its first fund in 2018 and invested in 14 startups across segments such as enterprise software products including SAAS, developers tools and frontier technologies including spacetech, robotics, photonics, alternative energy to name a few. The average deal size for that fund was $0.5 ...
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