How Speciale Invest is building a real deeptech portfolio
Chennai-based Speciale Invest has built a portfolio of nearly 40 companies and manages over $70 million in assets, with a focus on deep science and enterprise tech—Saas and AI, health and biotech, space, industry and manufacturing, clean energy and climate tech
The biggest risk associated with deeptech companies is the gestation period it takes to prove technological efficacy and market acceptance,” says Vishesh Rajaram, who co-founded Speciale Invest in 2017 with friend Arjun Rao.
Rajaram and Rao have taken on that risk and built a portfolio of nearly 40 companies since their first fund in 2018. Speciale, based in Chennai, is a pre-seed, and seed fund that’s investing in deep science and enterprise technologies.
Also read: Inflexor Ventures: Taking a broader view on deeptech
With the more conventional way of figuring out risk based on customers and revenue being difficult due to the long product development phase, founders have to find ways of looking the problem “bottom-up”, to break down the risk in different phases, and to show proof of technological efficacy at different scales of business. This might help them tap a broader pool of capital, he says.
Last Updated :
October 27, 23 11:42:32 AM IST