Industrial47

Profile

Industrial47 is a pre-seed venture capital firm based in India, founded by Rahul Seth, a renowned frontier technology investor. The firm prides itself on its commitment to backing pioneering technologies at the nascent stage. With a foundation in enhancing India's industrial and technological capabilities, Industrial47 focuses primarily on the domains of deeptech and industrial transformation. It has drawn support from notable family offices and industry leaders, complemented by a team that is deeply entrenched in India's tech ecosystem.

The firm invests primarily in pre-seed stage companies, with sectors of interest including space systems, defense, energy, maritime intelligence, and advanced manufacturing. Geographically centered in India, the firm targets early-stage startups aiming to boost national security and strategic infrastructure capabilities. The firm has launched its debut fund with a target corpus of Rs 150 crore, with cheque sizes ranging from Rs 2 crore to Rs 10 crore.

Industrial47 has backed several notable companies including Pranos Fusion - developing small modular reactors for nuclear fusion, and Armory - specializing in indigenous counter-drone systems. Other portfolio companies include the stealth jet engine company, RekiSe Marine, and Pixxel Space, among others, all of which are contributing to technological advancements in various sectors.