Stage
- •Prototype validated (TRL maturity)
- •Early revenue or credible deployment pathway
- •Seed to pre-Series A orientation
- •Founder-led, execution-focused
Engagement Criteria
Our Screening Philosophy
We engage with a limited number of companies each year.
Selection is based on institutional readiness, structural clarity, and scalable potential — not proximity, visibility, or grant history.
Stage & Scope
Geography
- •India-origin companies
- •Europe considered as structured expansion pathway
- •Willingness to design within export-control realities
Core Selection Criteria
Team Quality
Founders with domain credibility, decision velocity, and openness to governance.
Technical Defensibility
Clear advantage versus global alternatives; credible differentiation.
Scalable Economics
Path toward strong margins and repeatable revenue.
Market Logic
Clear buyer definition and venture-scale opportunity beyond a single procurement channel.
Institutional Readiness
Willingness to adopt reporting discipline, structured governance, and board oversight.
Compliance Awareness
Early understanding of export-control, foreign participation, and regulatory constraints.
Dual-Use Optionality (Where Relevant)
Ability to expand beyond defence-only dependency.
Exit Rationality
Plausible strategic acquirer universe or defined long-term liquidity pathway.
Governance & Compliance Expectations
Institutional capital requires structure.
- •Clean cap table transparency
- •Clear IP ownership documentation
- •Export-control feasibility assessment
- •Board-level reporting discipline
- •No undisclosed side arrangements
If these elements cannot be implemented, engagement does not proceed.
Not a Fit
- •Companies seeking guaranteed funding
- •Grant-only R&D labs without commercial roadmap
- •Low-margin manufacturing arbitrage without defensible IP
- •Founder teams resistant to governance
- •Businesses entirely dependent on a single government contract
Before Reaching Out
Founders should be able to answer “yes” to most of the following:
- ✓We have validated our core technology.
- ✓We understand our buyer and revenue model.
- ✓We are open to governance discipline.
- ✓We acknowledge regulatory constraints.
- ✓We are seeking institutional capital, not visibility.
If uncertain, internal preparation should precede outreach.
Proceed Selectively
We review opportunities deliberately and confidentially. If your company aligns with the above criteria, we welcome a focused introduction.