Sonic DeepTech: Chiratae Ventures Unveils New Batch

Chiratae Ventures has announced its latest Sonic DeepTech batch after the Demo Day held yesterday in Bengaluru. This event attracted thousands of applications, revealing the extensive and varied frontier innovations emerging in the country.

Investment Highlights

From a highly competitive applicant pool, Chiratae selected a targeted group of high-potential startups and committed investments of up to $10 million across multiple ventures, including CtrlB, Interact AI, SuprSend, TakeMe2Space, and an undisclosed startup.

Program Benefits

The selected startups will take advantage of the resources available through the NVIDIA Inception program, which aims to expedite technical innovation and business growth at any stage. Participants will have access to advanced AI developer tools and training, preferred pricing on NVIDIA hardware and software, unique partner offers, and opportunities to connect with a worldwide network of investors and ecosystem contributors.

Overview of Selected Startups

Among the chosen companies, TakeMe2Space is focused on creating nanosatellite infrastructure for edge AI computing and Earth observation, with plans for interconnected data systems in orbit.

CtrlB is developing a serverless data lake platform aimed at minimising observability data storage and analytics expenses through a diskless, cloud-native approach.

Interact AI provides AI avatars that enhance traditional chatbots with audio-visual, product-aware conversational agents, specifically trained using sales and marketing content.

SuprSend has introduced a multi-channel notification framework that manages communications via a single API. The final investment is in a stealth mode vertical AI platform.

Sonic DeepTech Program Details

The Sonic DeepTech program offers up to $2 million in seed funding and encompasses a variety of sectors including energy and climate, quantum technologies, robotics and advanced manufacturing, space technologies, applied AI/ML, biomedical and health technologies, as well as the digital economy.

Chiratae Ventures has a proven track record of supporting several notable companies such as AgroStar, Cult.fit, Fibe, FirstCry, Flipkart, Lenskart, Myntra, Pixis, PolicyBazaar, and Vayana.