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Partnership · AI & Deep Tech

Activate partners with NVIDIA to support AI startups

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Date
Company
Activate
What it does
Early-stage AI venture capital fund
Kind
Partnership
Stage
early-stage
Sector
AI & Deep Tech

What they do

Activate partnered with NVIDIA to provide technical assistance, mentorship, and access to Nemotron open-source models for AI startups

What happened

NVIDIA will help Activate identify potential founders across India and organize developer enablement initiatives

Why it matters

Activate has a corpus of about $75 million and invests $500K to $3 million per startup

The details

  • Activate announced a partnership with NVIDIA at the India AI Impact Summit 2026 in New Delhi.
  • Under the partnership, Activate-funded startups will receive mentorship from NVIDIA.
  • Startups will also get access to Nemotron, a family of open-source AI models.
  • NVIDIA will help Activate identify potential founders and teams across India.
  • The collaboration includes developer enablement initiatives and community-building efforts.
  • Activate is an early-stage AI-focused venture capital fund with a corpus of about $75 million.
  • It invests in startups at the inception or ideation stage, with ticket sizes of $500K to $3 million.

The bigger picture

  • NVIDIA is a founding member of the India Deeptech Alliance.
  • At the same summit, NVIDIA announced a joint venture with L&T for gigawatt-scale AI data centres in India.

About the business

  • Activate is an early-stage venture capital fund focused on AI startups.
  • It backs startups at the inception or ideation stage.
  • The fund's ticket size ranges from $500K to $3 million.
  • Its total corpus is estimated at $75 million.
  • Limited partners include Perplexity founder Aravind Srinivas, upGrad's Ronnie Screwvala, Khosla Ventures' Vinod Khosla, Fractal's Srikanth Velamakanni, and Peak XV Partners' Shailendra Singh.

The deal

Type
partnership

Founders

  • Aakrit Vaish, founder

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