The Karnataka Semiconductor Venture Capital Fund (KARSEMVEN Fund) is a SEBI-registered venture capital fund in India with a corpus of Rs. 92.95 crore. It invests in early and growth-stage companies in the semiconductor, electronics system design & manufacturing (ESDM), and embedded systems sectors within Karnataka. KARSEMVEN has supported space-tech startups like Bellatrix Aerospace, which develops in-space propulsion systems, demonstrating its role in fostering innovation in the Indian space industry.
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