StopDownOpen the app

Partnership · AI & Deep Tech

Atoms X selects six deeptech startups in first cohort

By ·

Date
Company
Atoms X
What it does
Deep tech investment track for startups
Kind
Partnership
Amount
$500K to $2 Mn per startup
Stage
inaugural cohort
Sector
AI & Deep Tech

What they do

Atoms X is a joint deep tech investment initiative by Accel and Prosus

What happened

The program selected six early-stage startups from over 2,000 applications this year

Why it matters

Investments range from $500K to $2M with flexible equity terms for founders

The details

  • Accel and Prosus launched the inaugural selection of the Atoms X cohort.
  • Six early-stage startups were chosen from over 2,000 applications received.
  • The partnership was announced in October 2025 to co-invest in Indian deeptech firms.
  • Each selected startup receives between $500K and $2 Mn in funding.
  • Prosus matches the capital commitments made by Accel for each investment.
  • Equity allocation is postponed to help founders retain more ownership initially.
  • The cohort includes companies in climate infrastructure, space access, and healthcare.
  • One stealth startup is developing brain-computer interface technology for humans.

The bigger picture

  • Atoms X expands on the original Atoms pre-seed scaling program launched in 2021.
  • It specifically targets the leaptech track going beyond standard deep tech.
  • The structure allows investors to support high-risk emerging technologies effectively.
  • Flexible equity terms address common concerns about founder dilution in early stages.

About the business

  • The program focuses on climate infrastructure, space access, and next-gen healthcare.
  • Investors provide seed stage plus funding to selected innovative companies.
  • The model involves matching capital commitments between two major global investors.
  • Startups are selected based on their potential in advanced technological fields.
  • The initiative supports hardware and software solutions for complex global challenges.

What happens next

  • The selected startups will begin receiving capital commitments from Accel and Prosus.
  • Founders will benefit from postponed equity allocation structures.

The deal

Type
Partnership Investment

Investors

  • Accel (lead) — Global venture capital firm managing technology investments.
  • Prosus (co-lead) — Global consumer internet group and part of Naspers.

Founders

  • Angad Daryani, Founder of PRAAN
  • Shreyaans Jain, Co-founder of Qosmic
  • Akash Kulgod, Co-founder of Dognosis
  • Rohit Patel, Co-founder of Ferra
  • Manu J Nair, Co-founder of Ethereale X

Other articles talking about it

Read it as a card in the app

Same day

All startup news on 17 March 2026 →