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New fund · Financial Services

Chiratae Ventures launched a $10 million fund to back five deep-tech startups

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Date
Company
Chiratae Ventures
What it does
venture capital firm
Kind
New fund
Amount
$10 million
Sector
Financial Services

What they do

Chiratae Ventures is a venture capital firm that invests in startups working on frontier technologies such as AI, space, robotics, and quantum computing

What happened

The firm announced the first batch of its Sonic DeepTech program, committing up to $10 million in investments across five selected startups

Why it matters

The program focuses on sectors that have historically received limited early-stage funding, such as energy and climate, quantum technologies, and bio and…

The details

  • Chiratae Ventures, a venture capital firm, launched the Sonic DeepTech program, committing up to $10 million in investments across five selected startups.
  • The program was announced after a Demo Day held in Bengaluru on May 6, 2026.
  • The initiative attracted thousands of applications from startups across India, highlighting the growing momentum in the country’s deep-tech ecosystem.
  • After a competitive selection process, the firm picked five startups for investment support: Ctrl B, Interact AI, SuprSend, TakeMe2Space, and one stealth startup.
  • The program focuses on sectors such as applied AI and machine learning, space technology, robotics, quantum technologies, climate and energy, advanced manufacturing, bio and medtech, and the digital economy.
  • The selected startups will gain access to resources from NVIDIA Inception, including AI developer tools, training programs, and preferred pricing on NVIDIA hardware and software.
  • The Sonic DeepTech program offers up to $2 million in seed funding with decision timelines as short as 48 hours.
  • The firm also identified 14 'Sonic DeepTech Disrupters'—startups with strong potential across various deep-tech sectors.

The bigger picture

  • India is currently in a strong position to build globally competitive deep-tech companies due to its talent pool, research capabilities, and innovation ecosystem.
  • The Sonic DeepTech program is designed to support startups solving complex problems in sectors that have historically received limited early-stage funding.
  • The program is run in collaboration with NVIDIA, giving cohort companies access to NVIDIA Inception, which provides advanced AI developer tools and a global investor network.
  • Chiratae Ventures has previously backed companies such as AgroStar, Cult.fit, Fibe, FirstCry, Flipkart, Lenskart, Myntra, Pixis, PolicyBazaar, and Vayana.

About the business

  • Chiratae Ventures is a venture capital firm that invests in deep-tech startups.
  • The firm focuses on sectors such as applied AI, space technology, robotics, quantum technologies, climate and energy, advanced manufacturing, bio and medtech, and the digital economy.
  • The Sonic DeepTech program is designed to support startups that are working on complex problems in sectors that have historically received limited early-stage funding.
  • The program offers up to $2 million in seed funding with decision timelines as short as 48 hours.
  • The selected startups will gain access to resources from NVIDIA Inception, including AI developer tools, training programs, and preferred pricing on NVIDIA hardware and software.

What happens next

  • The Sonic DeepTech program is expected to reopen applications later this year to support more emerging startups in the category.

The deal

Type
fund

Founders

  • Sudhir Sethi, Founder of Chiratae Ventures

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