India, Oct. 12 -- India's deeptech startups raised substantially more capital in Q3 2026, even as the number of deals edged lower.

As per Inc42's 'Indian Tech Startup Funding Report, Q3 2026', deeptech startups raised $290 Mn across 28 deals, compared with $105 Mn across 29 deals in Q3 2025. The 176% YoY increase outpaced the broader startup ecosystem, where funding grew 5% to $2.2 Bn.

For context, deeptech startups are the ones that develop advanced technologies and hardware and include innovations across sub-segments like spacetech, robotics, defence technology and semiconductors.

Large Spacetech Rounds Drive Deeptech Funding Surge

The sharp rise in funding, despite a marginal decline in deal count, points to a concentration of capi...