Riceberg Ventures, an early-stage venture capital firm, has launched a $20 million fund aimed at investing in 25-30 deeptech startups, focusing on areas like space tech, cybersecurity, artificial intelligence, and robotics. With an average investment of $0.5 million per startup, the fund seeks to address the funding gap in the deeptech sector, which often struggles with lengthy R&D periods. Founding partners Ankit Anand and Mredul Sarda emphasize their commitment to empowering Indian entrepreneurs and researchers. The firm, established in 2023, has already invested in startups like Manastu Space and Signatur Biosciences, leveraging its networks in the US and Europe for future growth.