Investment

We're excited to be co-leading in InspeCity's INR 100Cr Pre-Series A round, tripling down on a company we first backed in 2023 and again in 2025. InspeCity is building India's first integrated stack for in-space servicing — propulsion, sensing, and robotics — the capabilities that let a satellite move, see, and act once it's already in orbit. Our conviction rested on a simple observation: as more satellites go up, someone will need to service, refuel, inspect, and eventually

At Speciale Invest, we back founders solving problems the rest of the world has decided are too hard. Nucleovir Therapeutics is exactly that kind of company — and this is the story of why we invested. The unfinished business of immunotherapy A decade ago, immunotherapy rewrote what was possible in cancer. Instead of poisoning tumors directly, a new class of drugs, checkpoint inhibitors like Keytruda and Opdivo, taught the body's own immune system to do the killing. They took

We're living through two compounding revolutions that still haven't met. When they do, it will reshape every industry that touches the physical world. Hardware is having its strongest moment in a generation. AI chips, autonomous systems, next-generation semiconductors, defence platforms, avionics — the physical world is being rewired faster than at any point in the last fifty years. At the same time, AI is reinventing how software gets built; at companies like Microsoft, Goog

India stands at an inflection point in artificial intelligence and biotechnology. While the country has long been a global leader in generic manufacturing, services, and software, the next frontier is original drug discovery. AI gives us a once-in-a-generation opportunity to leapfrog traditional biotech timelines and costs, and build global life sciences companies from India. This isn’t just a market opportunity. It’s a national imperative. If India is serious about becoming

We’re thrilled to share that we are participating in the INR 27.4Cr Seed Round of e-TRNL Energy, a company rethinking cell architecture with a manufacturing-first mindset. When we first invested in the company in late 2022, our conviction was rooted in one belief: The future of batteries will not just be determined by chemistry breakthroughs — it will be shaped by manufacturing breakthroughs. That conviction has only strengthened. Co-founders of e-TRNL Energy: (L) Uttam Sen,

Energy efficiency is the invisible backbone of industrial decarbonization. Whether in electric mobility, clean energy systems, or advanced manufacturing, the ability to manage heat effectively determines both performance and sustainability. Yet, insulation, one of the simplest levers for efficiency, remains underserved by innovation and dominated by low-performance materials.

Morphing Machines raises a $4.3M Series A round to accelerate its efforts to build ‘REDEFINE’ a parallel-processing reconfigurable chip for new-age applications.

In the past decade, conflicts from Ukraine to the Middle East have shown us a new doctrine of war: one where low-cost drones are rewriting the rules of the battlefield. Nuclear bombers worth billions have been neutralized by kamikaze drones priced at a fraction of the cost.

For decades, GPS and its international counterparts (GLONASS, Galileo, BeiDou, NavIC) have quietly powered the modern world — from Google Maps and autonomous drones to telecom infrastructure and financial markets. But these legacy PNT (Positioning, Navigation, and Timing) systems are no longer enough.

The Next Frontier: Industrializing Space For the last two decades, the space industry has been laser-focused on one thing: getting to space cheaper and faster. And we’ve made remarkable progress — launch costs have dropped exponentially. Today, access to space is no longer the bottleneck. But a new bottleneck has emerged. The challenge now is what happens after you get to space. How do you move cargo or humans within space? How do you maintain, repair, and utilize the infrast

The global transition to renewable energy is at a critical juncture. Given the intermittent nature of energy produced by solar and wind, it is essential to incorporate energy storage solutions to unlock their full potential. The need for robust, long-duration energy storage (LDES) has never been more urgent. Markets such as the US, EU, and Australia have driven renewable energy penetration to exceed 30–40%, leading to a pressing concern about grid instability. Once renewable

As the foundation of modern electronics, semiconductors are vital to innovation and economic resilience. The need for a resilient and localized supply chain has never been more apparent, especially in India, where the demand for indigenous innovation in chip design and manufacturing is surging. At Speciale Invest, we believe in empowering startups that challenge norms and redefine possibilities. Having seen the journey of Mindgrove Technologies from early 2022, even before th

The Future: Energy Super Abundance Energy is arguably the single most important resource ever in the history of humankind. From powering the first electric bulb in the Earth's remotest corners to powering the most advanced Mars Rover on an alien planet, human civilization has been built on top of our ability to generate and extract energy. The rate at which civilizations exponentially progress, however, depends on “Energy Super Abundance” - a state where Energy is readily av

The Union Budget for the financial year 2024-25, presented by Finance Minister Nirmala Sitharaman, reflects the government's affirmative vision for fostering a progressive and inclusive India. This budget is meticulously crafted to address current economic challenges effectively while establishing a solid foundation for long-term growth and prosperity. The 2024 Union Budget is a crucial milestone for India's growing startup community and venture capital (VC) sector. By emphas

One of the greatest video games ever built is Tetris. In Tetris, players complete lines by moving differently shaped pieces descending onto the playing field and proceeding to fill the vacant spaces. Tetris resembles the drug discovery process in pharmaceuticals. In drug discovery, a drug target is a native protein in the body whose activity is modulated by a drug, resulting in a desirable therapeutic effect. The classic small molecule drug discovery approach mainly focuses o

We are excited to announce our partnership with Protecto’s $4M seed round, led by Together fund along with our participation with our friends — Arali Ventures, Better Capital and FortyTwo.VC. In the ever-evolving landscape of technology, Generative AI is eating the software, and the importance of privacy in AI is reaching new heights. As Gary Kovacs says “Privacy is not an option, and it shouldn't be the price we accept for just getting on the Internet.” In today's digital wo

Speciale Invest continues to support green hydrogen electrolyzer startup, Newtrace, with a follow-on investment in their seed round of $5.6 million. We at Speciale Invest are happy to continue supporting Newtrace with a follow-on investment in their seed round, announced last week — after we led the pre-seed investment round in June 2022. It is another example of our continued commitment to supporting the Indian climate and deep-tech startups. We met Rochan and Prasanta, foun

InspeCity raises $1.5M in pre-seed capital to build green propulsion systems, orbital transfer vehicles (OTVs) and in-space servicing & life-extension of satellites — all technologies needed to support a sustainable ecosystem in space. We at Speciale Invest have been incredibly optimistic about the Indian Space Tech ecosystem. It started with the first cheque in 2018 in Agnikul Cosmos — building launch vehicles with 3D printed engines, and was followed by investments in satel

Speciale Invest invests in Metastable Materials in their seed round as they leverage their philosophy of treating battery waste as ores to extract valuable metals through their novel low CapEx and OpEx process. At Speciale Invest, we have ‌a strong focus on supporting technologies that aid the energy transition from those that use fossil fuels. As our understanding of the EV value chain broadened through our investments in electric mobility (Ultraviolette Automotive and The e

e-TRNL Energy has raised INR 7.5Cr to build next generation cells with a unique 3D Electrode Architecture (3DEA) and manufacturing process that will make cells safer, cheaper, better and greener. The increasingly urgent need to decarbonize the Earth hinges on electrification powered by renewable sources of power. Owing to the intermittent nature of renewable power, batteries are required to control the demand and supply of electricity. The global demand for batteries is expec