Chiratae Ventures launches Sonic DeepTech program

Venture capital firm Chiratae Ventures has launched Sonic DeepTech, a fast-track funding program aimed at supporting early-stage founders building in frontier technology areas. 

The initiative will back startups from seed to Series A, with cheque sizes of up to $2 million per company.

The Sonic DeepTech program will focus on sectors including energy and climate, quantum technologies, robotics and advanced manufacturing, space technologies, applied AI and ML, defence, bio and medtech, and the digital economy.

The firm said the program is designed to shorten the time between evaluation and capital deployment, with an investment decision targeted within 48 hours. In addition to funding, founders will get access to Chiratae’s network of domain experts, industry partners, and ecosystem players to help take products from lab-stage to commercial deployment.

Chiratae claims to have deployed over $200 million across more than 50 deeptech startups so far. Its deeptech portfolio includes companies such as Pixis, Miko, Agnikul, Aether Biomedical, Pando.ai, Cavli Wireless, Sigtuple, HealthifyMe, and Metadome.ai. 

These startups operate across AI, robotics, spacetech, supply chain software, medical devices, and wireless infrastructure. The firm’s deeptech portfolio has seen more than 180 patent applications, with over 130 patents already granted.

Chiratae Ventures manages over $1.3 billion in assets across multiple funds and has invested in more than 130 startups since inception. Its broader portfolio includes companies such as Flipkart, Lenskart, Myntra, FirstCry, PolicyBazaar, Cult.fit, and AgroStar.