AlgoFET raises ₹15 crore in Pre-Series A from Piper Serica to build autonomous ground infra for drones

NEW DELHI: AlgoFET, a homegrown deeptech startup building autonomous ground infrastructure for drones, Wednesday said it has raised ₹15 crore in a Pre-Series A round from Piper Serica.

AlgoFET said it will deploy the capital to accelerate next-generation infrastructure products, expand in-house manufacturing, deepen proprietary IP, and scale deployments across defence, enterprise, and global markets.

Drones are becoming critical operational assets across defence, agriculture, logistics, surveillance and infrastructure.

Read more

You may also like

Comments are closed.

More in IT