TLDR:
- Synapses, a venture capital fund, is focused on STEM-based solutions for climate change and health.
- It was founded by IIT alumni Ruchira Shukla and Karthik Chandrasekar with a fund of $125 million.
Synapses is a newly launched venture capital fund that is dedicated to identifying and supporting STEM-based solutions for climate change and health. Founded by IIT alumni Ruchira Shukla and Karthik Chandrasekar, the fund aims to fill a critical gap between STEM ingenuity and commercialization by backing STEM start-ups that tackle pressing climate and health challenges. Unlike other deeptech funds in India, Synapses has a specific focus on climate tech and health tech to enable deep domain depth and thesis-driven investing. The companies supported by Synapses aim to build STEM solutions with strong value propositions in global markets, fostering global collaboration and technology transfers.
Ruchira Shukla, co-founder and managing partner of Synapses, emphasized the importance of science and technology in addressing climate change and increasing disease burdens. The fund aims to nurture innovative entrepreneurs and help them build leading global technology businesses to deliver significant financial returns.
