- Warmup Ventures, a prominent startup-focused investment firm, has launched its second fund, Warmup Fund II, with a substantial corpus of Rs 300 crore. The fund is registered with SEBI as a Category II Alternative Investment Fund (AIF) and is designed to fuel innovation in key growth sectors.
Focus Areas:Warmup Fund II aims to support early-stage startups operating in:
1. Deeptech: Fostering groundbreaking technologies like AI, robotics, and quantum computing.
2. Climate: Backing startups tackling climate change through renewable energy, carbon capture, and green technologies.
3. Sustainability: Promoting businesses focusing on circular economy, waste management, and sustainable practices.
Investment Plan:Warmup Fund II will invest Rs 5–7 crore in each of about 25–30 startups, ensuring ample support for diverse ventures
The fund also includes provisions for follow-on funding to provide additional financial assistance to high-potential startups as they scale.
Vision and Impact:By focusing on emerging sectors like deeptech and climate, Warmup Ventures aims to accelerate India’s innovation ecosystem.
The fund will help startups address global challenges while driving economic growth and creating jobs.
About Warmup VenturesK – nown for its expertise in identifying promising startups, Warmup Ventures has a track record of supporting disruptive businesses and nurturing them to success. Warmup Fund II builds on this legacy, aligning with India’s broader goals of sustainability and tech-driven development.
This initiative is expected to play a pivotal role in empowering visionary entrepreneurs and solidifying India’s position as a global leader in deeptech and sustainable innovation.
