Deeptech VC fund Java Capital raises $6M in its final close

Deeptech VC firm Java Capital has announced the closing of its $6 million fund from HNIs based in India, the Middle East and the US. 

Java Capital aims to build a portfolio of startups specializing in deeptech, climatetech, and B2B solutions. Its focus on fostering technology innovation and sustainability aligns with the global demand for advancements in these domains.

The fund has already made five investments in companies, including AuditCue, Okulo Aerospace, Oorja, Pre-image, and Frigate. Java has previously invested in companies such as Agnikul Cosmos, The Eplane Company, Cynlr, KUKU FM, Eat Better, Codingal, and YellowMetal.

The fund has doubled down on some of these companies giving LP’s access to winners for attractive risk-adjusted returns.

Karteek Pulapaka, Co-founder and Partner at Java Capital, said: “We are deeply grateful for the trust and support of our esteemed investors and LPs, who share our vision for pioneering innovation and sustainability in the world of deep tech and climate tech startups. With the successful fundraise, we are well-positioned to continue identifying and supporting transformative companies in these sectors.”

Java Capital LP Nizam, Co-Founder, Where Is My Train (Acquired by google) said, “Java capital has a clear focus on long-term bets and invests in interesting companies in deep tech. Their super transparent team helps me feel close to the startup ecosystem as an LP. Trustworthy fund in the market.”