IIT Madras, Unicorn India Ventures announce Rs 450 crore first close of Rs 1,000 crore deeptech fund
Monday, September 28, 2026 · first reported by Indian Startup News and 4 others
IIT Madras and Unicorn India Ventures close Rs 450 crore (~$54M) first close toward Rs 1,000 crore ($120M) deeptech fund target.
- Also named
- IIT Madras
- Fund
- IIT Madras Deeptech Fund
- Size
- $120M
- Stage
- First close
- Asset class
- Venture
- Geography
- Asia-Pacific
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
5 sources- Indian Startup NewsIIT Madras, Unicorn India Ventures announce Rs 450 crore first close of Rs 1,000 crore deeptech fund
- ciol.comIIT Madras Deeptech Fund Hits ₹450 Crore First Close, Backs Four Startups
- BW DisruptIIT Madras Deeptech Fund Raises Rs 450 Cr In First Close Of Rs 1,000 Cr Fund
- entrepreneur.economictimes.indiatimes.comIITM Unicorn Frontier Fund I reaches first close at ₹450 crore
- India Technology NewsIIT Madras, IIT Madras Research Park & Unicorn India Ventures announce first close of IITM Unicorn Frontier Fund I at Rs 450 Cr in Hon’ble FM’s presence, deploys Rs 55 crore in 4 deep tech startups
More on Unicorn India Ventures
Everything on this firm →- Sheridan closes $1.1bn Fund IV, adds $245m healthcare IT vehicleAlternatives Watch +1
- While VCs crowd into San Francisco, Endeavor Catalyst raises $320M for founders ‘elsewhere’TechCrunch
- Forbion raises record €2.3bn across latest biotech venture, growth fundsAltAssets +3
- Niobrara Capital closes inaugural fund with more than $1.5bn in commitmentsPrivate Equity Wire +4
- Dig’s new fund bets on infrastructure built around foundation modelsVenture Capital Journal
- Linse Capital moves into early-stage deep tech with $150m Ignition strategyAltAssets