Java Capital launches Rs 400 crore fund to back deep tech startups
10 Feb 2026, 12:32 PMThe target corpus of the new fund includes a greenshoe option of Rs 150 crore.
Team Head&Tale
Java Capital, backer of startups such as Agnikul and Cynlr, has launched its new fund that seeks to raise Rs 400 crore to invest in deep tech startups.
The target corpus of the new fund includes a greenshoe option of Rs 150 crore.
The new fund will invest in seed-stage startups in segments including semiconductors, aerospace, defence, cybersecurity, AI infrastructure, robotics, advanced manufacturing, energy, climate tech, and synthetic biology.
The fund will invest in 15-20 startups over the next three to four years and expects to write initial cheques in the range of Rs 6-8 crore. It plans to reserve capital for follow-on investments through later stages.
Java Capital was founded by Vinod Shankar in Bengaluru and Bhargavi Vijaykumar in the US.
Other than Agnikul and Cynlr, its existing portfolio includes Eplane, Okulo Aerospace, Oorja Energy, Lightspeed Photonics, Resilience.ai, Pre-image, and Codingal.
In October 2023, Java Capital had said it had raised Rs 50 crore for its maiden fund.



