# Karsemven Fund

> Karsemven Fund is a VC fund in Bangalore backing Manufacturing and Information Technology. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Bangalore, India
- Total investments: 4
- Last investment: Jun 2022
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.kitven.com/funds/karsemven-fund

Karsemven Fund is a VC fund in Bangalore focused on Manufacturing and Information Technology. Karnataka Semiconductor Venture Capital Fund (KARSEMVEN Fund) is a SEBI registered Venture Capital Fund having a corpus of Rs. 92.95 crore. The Fund proposes to undertake investments in companies catering to Semiconductor, Electronics System Design & Manufacturing (ESDM), Embedded Systems and such other allied sectors within the State ofKarnataka. The Fund received commitment from State and Central Government firms/ institutions/ banks like Karnataka Biotechnology & Information Technology Services (KBITS), Small Industries Development Bank of India (SIDBI), CanBank Venture Capital Fund (from Electronic Development Fund, Govt. of India), Life Insurance Corporation of India (LIC), Union Bank of India (UBI), Canara Bank, Punjab National Bank, Andhra Bank and KSIIDC Ltd.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 2 | 50% |
| Information Technology | 2 | 50% |
| Big Data | 1 | 25% |
| Software | 1 | 25% |
| Aerospace | 1 | 25% |

12 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Series A | 1 | 25% |
| Venture - Series Unknown | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Bellatrix Aerospace | Bellatrix Aerospace is an Indian space R&D company that specializes in satellite propulsion. | $8M | Series A | Jun 01, 2022 |  |
| Calligo Technologies | Empower our customers with Emerging & Disruptive Technologies in High Performance Computing (HPC) & Big Data Analytics segments. |  | Venture - Series Unknown | Mar 22, 2022 |  |
| Greendzine Technologies | Greendzine Technologies specializes in electric mobility products for the intralogistics, personal, and lifestyle markets. |  | Seed | Jan 01, 2016 |  |
| Graphene Semiconductors | Graphene Semiconductors is established with the vision of offering unique combination of service offerings which connect together the developmental needs of three concurrent drivers of any product business namely Industry (building products for end-users), Technology (building Intellectual property for emerging products) and Academicia (buildingtalented engineering workforce).Founded by well-known veterans in semiconductor industry with multiple years of experience in engineering services sector, the company is on a mission to be the premier organization in offering an eco-system of service offerings that fulfil the needs of all the three drivers of business under one roof.This endeavour is founded on the core values of the company ("I Care") which are aimed at building long lasting trust and commitment with their customers, partners and employees. | $9K | Seed | Jan 29, 2015 |  |

4 of 4 investments shown.

## Co-investors
- [Inflexor Ventures](https://shizune.co/investors/profile/inflexor-ventures) — VC Fund, 3 deals together
- [Karnataka Information Technology Venture Capital Fund](https://shizune.co/investors/profile/karnataka-information-technology-venture-capital-fund) — VC Fund, 2 deals together
- [BASF Venture Capital](https://shizune.co/investors/profile/basf-venture-capital) — VC Fund, 1 deal together
- [Mankind Group Family office](https://shizune.co/investors/profile/mankind-group-family-office) — VC Fund, 1 deal together
- [Pavestone Capital](https://shizune.co/investors/profile/pavestone-capital) — VC Fund, 1 deal together
- [Semiconductor Fabless Accelerator Lab](https://shizune.co/investors/profile/semiconductor-fabless-accelerator-lab) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Karsemven Fund invest in?

Karsemven Fund invests primarily in Manufacturing, Information Technology and Big Data startups, most often at Seed and Series A stage. Most of the 4 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Karsemven Fund last invest?

The most recent investment recorded for Karsemven Fund closed in Jun 2022. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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