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deeptech fund
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- 1IIT Madras-backed deeptech fund raises Rs 453 crore in first close▼IIT Madras-backed deeptech fund raises Rs 453cr in first close
A deeptech venture fund backed by IIT Madras has raised Rs 453 crore in the first close of its fundraising. The fund will back early-stage deep technology startups emerging from India's research ecosystem. The milestone highlights growing investor interest in India's deeptech sector, which draws on academic institutions like IIT Madras to source and support science-driven ventures.
- 2Eureka! Venture launches €20 million fund for Italian DeepTech startups●Eureka! Venture launches €20 million fund to back DeepTech startups in Italy
Italian venture firm Eureka! Venture has launched a new €20 million fund dedicated to backing DeepTech startups in Italy. The fund will provide early-stage capital to companies working on advanced technology, aiming to strengthen Italy's position in the European DeepTech ecosystem and address the funding gap for science-based ventures in the country.