8X Ventures

8X Ventures is a DeepTech venture capital firm dedicated to investing in startups that aim to fundamentally transform industries and economies through strong scientific and research foundations. The firm is deeply embedded in the DeepTech ecosystem, leveraging its domain expertise, extensive network, and growing track record to identify, invest in, and strategically support portfolio companies.

The firm's investment strategy focuses on sectors such as water sanitation and hygiene (WASH), Industry 4.0, advanced computing, biotech, and B2B enterprise SaaS. 8X Ventures seeks to partner with exceptional founders who possess visionary ideas and a passion for driving change using exponential technological innovations. The firm emphasizes investments in companies with developed technologies, sustainable competitive advantages, and accessible markets.

Since its establishment in 2021, 8X Ventures has achieved significant milestones, including the first close of its second India-focused DeepTech fund at ₹200 crore, with a greenshoe option of ₹100 crore. The fund aims to invest in 18-20 early-stage Indian DeepTech startups over the next three years, providing initial investments between ₹2-5 crore each and targeting total investments of up to ₹20 crore in 8-10 startups. Notable portfolio companies include Solinas Integrity, a robotics and sanitation innovator; D-Nome, a molecular diagnostics pioneer; Lightspeed Photonics, a next-generation computing leader; XYMA Analytics, an industrial IoT enterprise; Zenpulsar, a social media listening AI; and Pantherun Technologies, a real-time AI encryption startup. The firm's first global fund, launched in 2022, has delivered a 2.1X multiple on invested capital (MOIC) with a 40%+ internal rate of return (IRR) since its deployment.

8X Ventures actively seeks innovations across India, leveraging its international presence to help portfolio companies expand globally and attract regional investors for larger follow-on rounds. The firm's team comprises industry veterans with decades of experience in founding, leading, and scaling global technology businesses, enabling them to effectively partner with founders to grow promising innovations into successful enterprises.