Shastra VC launches $100 million AI, deeptech fund
Summary
Shastra VC launched a $100 million fund to back early-stage deeptech startups across AI, spacetech, defence and climate sciences. The Bengaluru-based firm plans to invest $500,000 to $3 million in IP-led businesses, sharpening focus on space and defence technologies, AI and renewable sciences. Shastra has deployed around $55 million across its first two funds and currently manages about $100 million, with portfolio companies including Simplismart, Alt Carbon, Sisir Radar and Avammune. The new fund aims to increase the firm’s ability to support startups beyond seed stage as investor interest in deeptech and AI infrastructure grows.
Funding
Amount
$100.0M
Total raised
Date
May 21, 2026
Announcement date
Investors
-
Lead investors
Company
shastra.vc
Funded company
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