Powered by

Advertisment
Home Funding News

Eximius Ventures Launches $30 Mn Fund II For Pre-Seed Investments

Eximius Ventures, a venture capital firm focused on pre-seed investments, has announced the launch of its second fund with a target of $30 million.

By Jitendra Das
New Update
Eximius Ventures Launches $30 Mn Fund II For Pre-Seed Investments

Eximius Ventures, a venture capital firm focused on pre-seed investments, has announced the launch of its second fund with a target of $30 million.

Fund II plans to invest in 25-30 startups in areas like fintech, artificial intelligence (AI)/software-as-a-service (SaaS), frontier tech and consumer tech. The firm will start with investments of $500,000 in each startup and set aside half of the fund for follow-up investments to support its promising portfolio companies.

Eximius follows a focused pre-seed investment approach, unlike cohort-driven or broad, less targeted strategies.

Read also- First 'Made-in-India' Chip To Roll Out In 2025, says Union Minister Ashwini Vaishnaw

Eximius Ventures launched its first $10 million fund in 2021. Fund II will help the firm scale its support for innovators. The fund will raise capital from a variety of investors, including high-net-worth individuals (HNIs), founder-investors, family offices and global Japanese corporate venture companies (CVCs).

Eximius Ventures' Fund I has invested in 23 companies, with around 60% of them securing follow-up funding from well-known global investors, delivering an internal rate of return (IRR) of over 40%.

Pearl Agarwal, Founder and Managing Partner at Eximius Ventures, said, "At a time when funding is becoming increasingly selective, Eximius is doubling down on pre-seed startups, with an aim to drive momentum in India’s innovation ecosystem. We reject the ‘spray and pray’ mentality, especially at the earliest stages, and instead focus on backing bold, thesis-driven ideas with contrarian viewpoints."

"Our goal is to bridge the gap for founders seeking their first institutional capital while enabling them to thrive in a competitive global market. With this new fund, we’re excited to accelerate growth and forge long-term partnerships with visionary founders," Agarwal added.

About Eximius Ventures

Eximius Ventures is led by Pearl Agarwal and Preeti Sampat, who together have over 25 years of global investment experience. The firm has a diverse team of eight members, each focused on a specific sector.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Funding and StoriesDiscover Funding Trends and Stories Shaping Indian Startups.

Startup Funding NewsYour Gateway to Every Funding Update.

Latest Startup NewsStay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup StoriesDiscover inspiring tales of startups overcoming challenges and achieving success.