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Launch · AI & Deep Tech

Aum Ventures launches second edition of DeepSpark program

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Aum Ventures logo
Date
Company
Aum Ventures
What it does
Early-stage deeptech venture capital firm
Kind
Launch
Amount
up to $1 million
Stage
early-stage
Sector
AI & Deep Tech

What they do

Aum Ventures is an early-stage venture capital firm focusing on deeptech sectors like space, semiconductors, AI, robotics, and advanced manufacturing

What happened

The firm launched DeepSpark 2.0, an accelerator program offering selected startups up to $1 million in investment and strategic mentorship

Why it matters

This initiative aims to support early-stage, intellectual property-led companies in transitioning from research to market with global potential

The details

  • Aum Ventures has officially launched the second edition of its flagship accelerator program, DeepSpark 2.0.
  • The program is designed to accelerate early-stage, IP-led deeptech companies as they move from research to commercial markets.
  • Selected startups in the program can receive an investment of up to $1 million from the firm.
  • Participants gain access to strategic mentorship, investor-readiness support, and a global network spanning the US, Israel, and the Middle East.
  • The application window for interested founders remains open until September 15, 2026.
  • The program includes a roadshow featuring 1:1 office hours and interactions with various sector experts.

The bigger picture

  • The first edition of the program received over 500 applications and engaged with more than 20 startups.
  • Aum Ventures invested $625,000 through the inaugural edition of the program.
  • The firm emphasizes the need to underwrite technology risk and support longer development cycles for deeptech ventures.

About the business

  • Aum Ventures is an early-stage venture capital firm focused on technology-led and deeptech companies.
  • The firm invests in sectors including spacetech, semiconductors, defencetech, AI, robotics, quantum, and new energy.
  • It seeks to back Indian founders building companies that strengthen national capabilities and possess durable IP moats.
  • The firm's portfolio includes companies like Skyroot Aerospace, Azimuth AI, Cosmoserve, and Sharang Shakti.
  • Aum Ventures evaluates startups based on their ability to compete globally and maintain strong corporate governance.

What happens next

  • Applications for DeepSpark 2.0 close on September 15, 2026.

The deal

Type
accelerator program

Founders

  • Chetan Mehta, Founding Partner
  • Nisha Shah, Partner

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