Shastra VC has announced the launch of its third fund, a $100 million corpus (approximately ₹963 crore) aimed at supporting early-stage deeptech startups.
The venture capital firm Shastra VC said the fund will focus on high-impact sectors including space and defence technologies, artificial intelligence, and renewable sciences. It will support startups from the seed stage through to Series A and beyond, with a particular emphasis on companies building intellectual property-led solutions.
According to the firm, investments from the fund will typically range between $500,000 and $3 million, targeting startups with strong technical depth and scalable innovation potential.
With this new fund, Shastra VC aims to strengthen its position in the deeptech ecosystem by backing ventures working on frontier technologies that require long development cycles and significant early-stage capital.
