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Specialist venture capital firms are expanding their investment horizons into deeptech sectors, including robotics, biotech, advanced materials, and spacetech, as the pipeline shifts to accommodate more founders building in these frontier technologies. Omnivore, Ankur Capital, Avaana Capital, Aavishkaar Capital, and Incubate Fund Asia India have increased investments beyond their traditional sectors since 2024, with Omnivore in advanced talks to invest in robotics startup Perceptyne and Aavishkaar evaluating spacetech opportunities.
Government-backed capital, such as the Research, Development and Innovation Fund and Startup India Fund of Funds 2.0, is adding momentum to this trend.
Brief written by urgent.news from The Economic Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
