Chiratae Ventures launches Sonic DeepTech program to back early-stage startups

Venture capital firm Chiratae Ventures has launched Sonic DeepTech, a fast-track funding program to support early-stage founders working on advanced, cutting-edge technologies.

Under this program, the VC firm will invest up to $2 million in companies from the Seed to Series A stages.

They plan to support startups working in energy and climate, quantum tech, robotics, advanced manufacturing, space tech, applied AI/ML, defence, biotechnology, medtech, and the digital economy.

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“India’s next wave of category-defining companies will come from DeepTech startups that combine research rigour with product thinking,” said Saharsh Sharma, Vice President, Investments, Chiratae Ventures.

“Founders need capital that understands long timelines, and partners who open doors with customers and research collaborators. Chiratae Sonic DeepTech is built exactly for that to give ambitious teams faster conviction and the ecosystem they need to win.”

Under this program, startups will also gain access to a network of experts and ecosystem partnerships to help move their frontier technologies from lab to market faster.

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Chiratae Ventures, which has backed deeptech startups like Pixis, Miko, Pando.ai, and Agnikul, has invested over $200 million in the sector across more than 50 companies. Applications for the program are now open.

Founded 19 years ago, Chiratae Ventures manages $1.3 billion across seven funds. It has invested in over 130 companies and achieved more than 50 exits, returning around $1 billion to limited partners in the past 14 years. Notable portfolio companies include FirstCry, lenskart, Cult.Fit, and flipkart.

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