- More Info
-
www.unicornivc.com
LinkedIn
- Organization
- IIT Madras, Unicorn Ventures (IIT Madras Research Park)
- Fund type
- Equity | Preference | Debentures
- Source
- Non-Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Other sectors
- Target
- Private Limited Company
- Fund range
- Rs. 2 cr- Rs. 10 cr
- Fund stages
- A. Technology Development | D. Technology Scale-up/ Validation / De-risking
Involvement of IIT Alumni as LP in the fund. Patient capital for deep tech startups supporting companies from TRL 3-4, particularly from IIT Madras ecosystem.
Purpose
Catalyzed by IIT Madras Research Park (IITMRP) in partnership with Unicorn India Ventures, the fund will back IP-led, engineering-heavy startups across strategic sectors including Robotics, SpaceTech, DefenceTech, Semiconductors, MedTech, Quantum and more - aligned with national priorities.