Speciale Invest

Deep tech hardware and software across novel energy, synthetic biology, space, AI-led software and advanced manufacturing; Fund III targets sovereign tech and globally scalable IP from India, including dual-use defence.

Facts

TypeDirect investorSectorsEnergy tech, Biotech, Space, AI / deep compute, DefenceStagePre-seed, SeedCheque sizeINR 7-10 crore initial (Fund III)GeographyIndiaHQChennaiFundFund III closed at INR 600 crore (about $68.5M), Aug 2025.StatusConfirmed focus, reported chequeLast checked08 Oct 2026

Note: Fund website still says its sweet spot is about $1M per cheque, which looks like older Fund I/II language. Press on Fund III says INR 7-10 crore. Worth re-checking with the firm before publishing.

Cheque basis: Reported (Economic Times, VCCircle). Conflicts with website, see note

Sources

Speciale Invest website (primary source, 08 Oct 2026)
Economic Times: Fund III closes at Rs 600 crore (press, 12 Aug 2025)
VCCircle: Speciale tops target for third fund (press)