VC firm Riceberg floats $20-M fund for deep-tech startups

Riceberg Ventures has floated a USD 20 million fund for deep-tech startups. The fund will invest in 25-30 firms with an average cheque size of USD 500,000, focusing on deep-tech sectors including space-tech and artificial intelligence.Riceberg Ventures' portfolio includes companies such as Manastu Space, Signatur Biosciences, EtherealX, Keyron Medical, and Arch0. The firm also operates KickSky, a dedicated space-tech accelerator, which is launching its second cohort in January 2025.