VC fund Speciale Invest commits $69 million to Indian deep-tech startups by 2029

Venture capital firm Speciale Invest has pledged approximately $69 million (about ₹600 crore) to invest in early-stage Indian startups by 2029. The fund will focus on deep-tech domains including artificial intelligence, space technologies, climate tech and dual-use defence. Founded in 2017, Speciale Invest has backed companies engaged in aerospace, robotics and advanced systems and plans 18-20 seed/pre-seed investments as part of this allocation, with a significant portion reserved for follow-on funding. The move underscores growing investor appetite for India’s deep-tech ecosystem.