Particle.news
Download on the App Store

Accel and Prosus Unveil Six-Startup Atoms X Cohort in India

The program offers matched funding with deferred equity to give science-led founders time to hit technical milestones.

Overview

  • Accel and Prosus unveiled the first Atoms X cohort in India, naming six deep‑tech startups focused on long‑horizon research.
  • Each company receives matched checks of $500,000 to $2 million with part of the equity deferred to cut early dilution.
  • The selected six are Praan, QOSMIC, EtherealX, Dognosis, Ferra, and a stealth startup developing brain‑computer interfaces.
  • Examples span health and space: Dognosis tests breath‑based cancer detection using dogs, robotics, and AI, while QOSMIC builds optical links to speed satellite‑to‑Earth data.
  • The firms say the model backs milestone‑driven work with mentorship and global networks, signaling a shift in India toward patient capital for deep tech.