IIT Madras Research Park And Unicorn India Ventures Launch ₹600 Crore Deep-Tech Fund
Saturday, September 26, 2026 · first reported by Pulse 2.0 and 26 others
IITM Unicorn Frontier Fund I closes first tranche at Rs 450 crore (~$54M USD) with Rs 55 crore (~$6.6M USD) deployed across 4 deeptech startups.
- Also named
- IIT Madras Research Park
- Fund
- IIT Madras Deep-Tech Fund
- Size
- $72M
- Stage
- Launch
- 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
27 sources- Pulse 2.0IIT Madras Research Park And Unicorn India Ventures Launch ₹600 Crore Deep-Tech Fund
- 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
- Deccan ChronicleIIT-M Deep-tech VC Fund Makes First Close, Targets Rs 1,000 Crore Corpus
- The New Indian ExpressIIT-M deep-tech fund raises Rs 450 cr in 1st close
- ET EducationIIT Madras announces first close of deep-tech VC fund, alumni invest over Rs 150 crore
- The Times of IndiaIITM-backed deeptech fund raises Rs 453 cr in first close
- education.economictimes.indiatimes.comIIT Madras announces first close of deep-tech VC fund, alumni invest over Rs 150 crore
- The Economic TimesIIT Madras-backed deeptech fund raises Rs 450 crore in first close, invests Rs 55 crore in four startups
- Raksha AnirvedaIIT Madras, IIT Madras Research Park and Unicorn India Ventures Announce First Close of IITM Unicorn Frontier Fund-I at Rs 450 Crore, Deploys Rs 55 Crore in 4 Deep Tech Startups
- This Week IndiaIIT 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
- Business StandardIIT Madras, Unicorn India mark ₹450 cr first close of ₹1,000 cr fund
- CXOToday.comIIT Madras & Unicorn India Hit ₹450 Cr First Close for Deep-Tech Fund, Deploy ₹55 Cr Across 4 Startups
- SwarajyaIIT Madras, Unicorn India Ventures Raise Rs 450 Crore In Initial Round Of Rs 1,000-Crore Deep-Tech Fund
- urbanacres.inIIT Madras Deep-Tech Fund Raises ₹450 Crore First Close
- Inc42IIT Madras, Unicorn India Ventures Mark First Close Of Fund I At ₹450 Cr
- financialexpress.comIIT Madras-Unicorn India deeptech fund raises Rs 450-crore first close
- iitm.ac.inIIT Madras announces initial funding from its Deep-Tech Venture Capital Fund
- DT NextIIT Madras-led deep-tech fund achieves Rs 450 Cr first close
- YourStory.comIITM Unicorn Frontier Fund I hits Rs 450 Cr first close
- BusinessLineIIT Madras Unicorn Frontier Fund I achieves first close at ₹450 cr
- thehindubusinessline.comIIT Madras Unicorn Frontier Fund I achieves first close at ₹450 cr
- BioSpectrum IndiaIIT Madras announces initial funding from Deep-Tech Venture Capital Fund
- The HinduIIT-Madras deep tech fund achieves ₹450 crore first close
- DIG Ventures raises $120m third fund to target Europe’s AI infrastructure startupsAltAssets +1
- Sofia-based LAUNCHub Ventures secures €65 million first close of Fund III; targets €75 million+EU-Startups +4
- Stride Consumer grows fund 30% with $550m hard-cap close after four-month raiseAltAssets +1
- Forty.5 Ventures Closes a $30M First Fund to Move SEE Founders Onto the World StageThe Recursive
- SEC charges Meyer Global Management, CEO with defrauding investors in SpaceX pre-IPO fundPensions & Investments +1
- Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay forTechCrunch +1