Karnataka launches a deep tech fund exceeding 600 crore to accelerate AI, ML, quantum computing, robotics, advanced manufacturing, and sustainability-focused startups ahead of the Bengaluru Tech Summit.

The Future Makers Conclave on November 20, 2025 will bring together more than 10,000 founders, investors, mentors, and ecosystem leaders, with inaugural international participation and startups pitching for Indian and global markets.

An additional 48 crore is allocated to establish new incubators and accelerators at IIT Dharwad and IIIT Kalaburagi, while 110 crore will support seed-level innovation across 11 institutions.

The summit will feature a multi-pavilion exhibition highlighting global and local innovations, complemented by the Startup Springboard for investor pitches, mentoring clinics, and visibility for growth-stage startups.

The funding package aims to create a robust pipeline for entrepreneurs across AI, ML, quantum, advanced manufacturing, robotics, and sustainability-driven innovation.

The plan builds on prior initiatives like MV Deep Tech Park in Chikkaballapur, upcoming startup parks in Hubballi, an Dharwad economic corridor, and industrial hubs planned for Vijayapura and Kalaburagi.

Recent data shows Bengaluru startups raised substantial funding, illustrating vigorous activity with $617 million across 76 rounds in Q3 2025.

The summit will emphasize global innovation and push Karnataka startups to market their products internationally.

The government has earmarked Rs 600 crore for startups, aiming to attract matching private funds, with expectations of VC and corporate announcements and possible future expansion.

There are plans to potentially scale the pool to 1,000 crore or more by partnering with venture capital players and exploring joint funds.

In August 2025, the Karnataka Quantum Mission was launched to build a $20 billion quantum economy by 2035, including India’s first Quantum Hardware Park and a dedicated Quantum VC Fund.

The state is establishing a Centre for Applied AI for Tech Solutions (CATS) with 50 crore and a Karnataka Clean Mobility Policy 2025–2030 to attract significant investments across the clean mobility value chain.