IIMA Ventures, Jaivel to invest in 8–10 deeptech start-ups through new defence fund
Our partnership with Jaivel Aerospace marks a defining moment in our mission to empower visionary founders,” said Vipul Patel, Partner at IIMA Ventures
IIMA Ventures has partnered with Jaivel Aerospace to launch an Aerospace & Defence Acceleration Fund, aimed at backing early-stage startups developing across autonomy, advanced materials, advanced manufacturing, and secure communications.
The fund plans to invest in 8–10 startups, providing pre-seed and seed funding of up to $400,000 each, along with structured mentorship, access to cutting-edge development facilities, and opportunities for direct collaboration with aerospace industry leaders.
Our partnership with Jaivel Aerospace marks a defining moment in our mission to empower visionary founders,” said Vipul Patel, Partner at IIMA Ventures. “Together, we aim to de-risk the 0-to-1 journey by solving for capital, connections, coaching, and community.”
IIMA Ventures has previously backed several aerospace and defence-focused start-ups, including Sagar Defense, ePlane, Ideaforge, NabhDrishti, Nopo Nanotechnologies, and Onnes Cryogenics. It also has a strong space-tech portfolio of around 14 ventures, featuring Agnikul, PierSight, Galaxeye, and Bellatrix.
Published on October 13, 2025
