# IITM–Unicorn Frontier Fund I

> Deep-tech venture fund formed by IIT Madras, IIT Madras Research Park and Unicorn India Ventures to back IP-led Indian startups in defence, space, semiconductors, AI infrastructure, advanced manufacturing and health.

## Profile

- **Stage-based planning range:** $1M–$10M
- **Check-size evidence basis:** estimated
- **Founded:** N/A
- **Headquarters:** Chennai, India
- **AUM:** ₹450 crore first close toward a ₹1,000 crore target
- **Rounds they lead:** N/A
- **Rounds they invest:** Pre-Seed, Seed, Series A
- **Last verified:** 2026-10-01

## Links

- [Website](https://www.unicornivc.com/)

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 1, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/fund/iitm-unicorn-frontier-fund-i