Surveillance Startup Optimized Electrotech Bags $6 Mn
Deeptech surveillance startup Optimized Electrotech has raised $6 Mn (around INR Cr) in a Series A funding round co-led by Blume Ventures and Mela Ventures.
The round also saw participation from existing investors, including Venture Catalysts, 100Unicorns and Rajiv Dadlani Group, along with participation from the startups’ cofounder and MD himself Sandeep Shah.
The startup plans to use the fresh capital to accelerate development of AI-powered imaging payloads and high-speed space surveillance systems as well as to expand into overseas markets.
“This funding will help us strengthen our R&D capabilities, build next-gen tech, and extend our reach across critical sectors in India and beyond,” Shah said.
He also told Inc42 that the company is planning to launch a dedicated subsidiary focused on the space tech segment. To support its growth, he aims to raise $5 Mn over the next six months, primarily through strategic investments from semiconductor companies.
Founded in 2017 by Shah, Anil Yekkala, Dharin Shah, Kuldeep Saxena, and Purvi Shah, Optimized Electrotech offers surveillance solutions by building electro-optic imaging systems for defence, aerospace and border security use cases.
It claims that its indigenously designed and developed AI-driven surveillance platforms allow governments, defence services, paramilitary forces and mining corporations to respond to threats such as unauthorised drone attacks.
It competes against the likes of Bharat Electronics and Tata Advanced, among others, in the multi-spectral imaging category.
On the financial front, Shah told Inc42 that the company saw a decline in revenue for the year ending March 31, 2025 (FY25) to INR 3 Cr from 4.4 Cr in the previous fiscal year. Adding to this, its bottomline loss also widened to INR 8 Cr in the year under consideration from INR 5.7 Cr in FY24.
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