Speciale Invest to launch Rs.300-Cr third fund for deep-tech investments

Venture capital firm Speciale Invest , which backs seed- and early-stage companies in the deep-tech domain, is planning to launch its third fund with a target corpus of INR 300 crore.The firm plans to make investments with an average ticket size ranging between USD 0.75 million and USD 1 million in sectors like space technology, climate and sustainability, manufacturing, defence, industrial automation and robotics, artificial intelligence in enterprise infrastructure and life sciences.Over the past eight years, the firm has launched three funds - Fund I (INR 60 crore), Fund II (INR 300 crore) and a growth fund (INR 185 crore).