Seafund Eyes EV, Clean Mobility Space; Invests In Five Deeptech Startups

• The fund aims to allocate 20% of its investible corpus to clean energy and electric vehicle value chain across sectors such as transportation, logistics and circular economy
• The early-stage VC firm’s five deeptech bets include Redwings, Docker Vision, Swapp Design, Simactricals and EVhicle
• Seafund is currently raising an INR 250 Cr fund which plans to invest across sustainability, fintech, SaaS and hardware-enabled firms

Early-stage venture capital firm Seafund, which is currently raising its second vehicle with a target corpus of INR 250 Cr, has backed five deeptech startups with a total investment of INR 5 Cr.

These five bets include startups RedWings, Docker Vision, Swapp Design, Simatricals and Evhicle.