Space and defence tech investors, India
Venture capital for India's space and defence technology startups
Space systems and defence technology are among SilverX Fund's core deep tech sectors. India has opened both to private companies, and a new generation of founders is building satellites, launch vehicles, sensors and defence platforms.
We back those founders from Seed+ to Series A/B, with the patience these businesses need and a network that understands long procurement and qualification cycles.
What we look at
Satellites and earth observation
Spacecraft, payloads and the data businesses built on top of them.
Launch and in-space services
Getting to orbit cheaply and operating once there.
Defence platforms
Drones, sensing, communications and autonomy for India's armed forces and allies.
Dual-use technology
Products that serve both defence and civilian markets, which widens the route to revenue.
Why it matters now
Domestic procurement priorities, open space policy and growing export interest give Indian space and defence companies a market that did not exist a decade ago.
Our research on Indian defence technology maps where private companies can win, and we use that work when we assess founders.
- Fund
- SilverX Fund II, after Silverneedle Ventures Fund I
- Target corpus
- ₹800 crore, plus a ₹400 crore green-shoe option
- Stage
- Seed+ to Series A/B
- Structure
- SEBI-registered Category II AIF (IN/AIF2/25-26/2027)
- Allocation
- About 60% deep tech, about 40% AI-native businesses
- Base
- Hyderabad, investing across India
Research from SilverX
- India Defence Tech
SilverX research on the opportunity in Indian defence technology.
- The democratisation of space
How falling launch costs are opening space to startups.
Frequently asked questions
Does SilverX invest in space and defence startups in India?
Yes. Space systems and defence technologies are one of our core deep tech sectors, including satellites, launch, earth observation, defence platforms and dual-use technology.
What stage does SilverX Fund invest in?
SilverX invests from Seed+ to Series A/B. We aim to back founders before consensus forms and take concentrated ownership in the companies that break out, with reserves for follow-on rounds.
Is SilverX Fund SEBI registered?
Yes. SilverX Fund is a SEBI-registered Category II Alternative Investment Fund (registration IN/AIF2/25-26/2027), managed by SilverX Advisors LLP. It is Fund II on the platform that ran Silverneedle Ventures Fund I.
How do founders pitch SilverX Fund?
Send a short note and your deck through the contact page at silverx.vc/contact. Tell us what you are building, what is technically hard about it, and where you are on the path to revenue. A partner reads every submission.