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The Hindu
The Hindu
National
Sangeetha Kandavel

Speciale Invest raises ₹286 crore, to focus on deep-tech and SaaS

Speciale Invest Agnikul

Speciale Invest, a seed-stage VC investing in deep science and enterprise technologies, has announced its second fund’s final closure at ₹286 crore. 

The second fund has been oversubscribed twice the amount announced during the fund’s launch, which was ₹140 crore.

In April 2021, the company had announced their second fund to be a corpus of around ₹100 crore, but this got oversubscribed. The fund, which has backed start-ups such as Agnikul, The ePlane Company, CynLr, Qnu Labs, GalaxEye Space, Wingman, StreamAlive, Airboxr, Trainn, Uravu Labs, among others, will look to invest in 20 plus early-stage start-ups through pre-seed and seed rounds with the average cheque sizes ranging from US$ 100,000 to US$ 1 million.

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