Skyroot Aerospace-backer Aum Ventures marks first close of second fund
More than 65% of the commitments for the first close came from overseas Limited Partners (LPs), or investors.
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More than 65% of the commitments for the first close came from overseas Limited Partners (LPs), or investors.
It added 15 of the 28 AI startups in its portfolio have raised externally led follow-on funding rounds from institutional investors including Insight Partners, Peak XV, SIG and Vertex.
Nandan Nilekani will back F2A as an anchor investor, similar to his involvement with Fundamentum Partnership.
Cheque sizes are expected to range between $500,000 and $3 million.
The startup had previously raised $88,400 in a pre-seed round from Pointone Capital in December 2024.
The funding round also saw participation from Yali Deeptech and TDK Ventures.
With investors circling and startups scaling, India is facing a pivotal question: will policy and capital align to make it a true robotics hub?