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Tsalla Aerospace raises $1 Mn in maiden funding round

EntrackrEntrackr · 3m ago
Tsalla Aerospace raises $1 Mn in maiden funding round
Medial

Snippets Tsalla Aerospace raises $1 Mn in maiden funding round Tsalla Aerospace has raised $1 million in its first external funding round led by Sunny Stalnaker, executive VP at ASML, with additional support from SIDBI and equity-free grants from the Ministry of Defence’s Innovations for Defence Excellence (iDEX) programme. The proceeds will be used to expand its autonomous systems platform and scale deployment for defence and industrial use cases. Founded in 2019 and incubated at the Indian Institute of Science (IISc), Tsalla Aerospace builds an AI-based autonomy stack for drones and unmanned systems. Its AI Pilot enables unmanned platforms to operate without GPS or communication support and aims to function with zero operator intervention. Tsalla works with the Indian Navy and Indian Army on multiple projects. These include confined-space reconnaissance systems, backpack-based VTOL platforms designed for single-person operation, and logistics use cases such as ship-to-ship delivery in difficult weather conditions. Tsalla competes with domestic defence and autonomy companies such as ideaForge, NewSpace Research & Tech, Sagar Defence, CRON Systems, and global dual-use autonomy developers. According to the company, it also plans to raise $8 million in a seed round to expand its autonomy stack, grow deployments in India and international markets, and enter new defence and industrial segments.

Aerospace and defence tech firm CoreEL Technologies raises $30 Mn in Series B

EntrackrEntrackr · 1m ago
Aerospace and defence tech firm CoreEL Technologies raises $30 Mn in Series B
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CoreEL Technologies, a provider of advanced electronic system- and sub-system-level products and solutions for the aerospace and defence sector, has raised $30 million in a Series B funding round led by ValueQuest Scale Fund, with participation from existing investor 360 ONE Asset. The funding follows CoreEL’s recent acquisition of the aerospace and defence systems division of Lekha Wireless, which significantly expanded its communication systems portfolio. The acquisition added proven wireless communication technologies, indigenous intellectual property, and specialised engineering talent, further strengthening CoreEL’s capabilities in the MILCOM domain. The proceeds will be channelled towards scaling manufacturing capacity, strengthening research and development, advancing product engineering, and supporting participation in large and complex aerospace and defence programmes in India and overseas, CoreEL Technologies said in a press release. CoreEL designs, develops, and manufactures advanced electronic system- and sub-system-level products for strategic applications across the radar, electronic warfare, avionics, and MILCOM sectors. The company has delivered several critical high-end electronic system-level products and solutions to both strategic and commercial customers. Its customers include DRDO, defence public sector companies, and the Ministry of Defence (MoD). According to the Bengaluru-based company, its products have been deployed in India’s next-generation avionics, radars, missiles, electronic warfare systems, MILCOM, and sonars, among others. The company aims to develop some of the most advanced electronic systems for strategic aerospace and defence programmes.

Deep-tech startup AquaAirX raises Rs 12.5 Cr in seed round led by Rainmatter

EntrackrEntrackr · 12d ago
Deep-tech startup AquaAirX raises Rs 12.5 Cr in seed round led by Rainmatter
Medial

Deep-tech startup AquaAirX has raised Rs 12.5 crore in a seed funding round led by Rainmatter, the investment arm of Zerodha, founded by Nithin Kamath. The round also saw participation from Prime Venture Partners, Wyser, and India Accelerator. The proceeds will be used to strengthen the company’s core technology, including system autonomy, air-to-water transition reliability, sensing and communication capabilities, and to expand its engineering and research teams across robotics, autonomy, controls, and embedded systems, AquaAirX said in a press release. Co-founded in 2024 by Jitendra Kumar Purnmal Saini and Gouthami T S, AquaAirX is a deep-tech startup building next-generation autonomous amphibious and underwater robotic systems for defence and high-value commercial applications. The company develops amphibious drones capable of seamless transitions between aerial flight and submerged operations, along with a proprietary Hovering Autonomous Underwater Vehicle (HAUV) platform. In addition to its amphibious drone platform, AquaAirX is developing the HAUV for precise underwater inspection, monitoring, and intervention, targeting defence and high-value commercial use cases. According to the Bengaluru-based startup, it combines advanced autonomy, robotics, and mission-centric design to address critical gaps in maritime intelligence, surveillance, and reconnaissance, enabling safer, faster, and more cost-effective operations. The company works closely with defence and strategic partners and aligns with India’s vision for indigenous, future-ready defence technologies. Looking ahead, AquaAirX plans to deepen collaborations with Indian and international defence partners, scale up large-scale trials, and prepare for manufacturing, with the goal of entering defence and commercial markets by 2027. Over the past 12 months, the company has achieved Technology Readiness Level (TRL) 6 for its flagship amphibious platform.

Dronetech startup Zuppa raises $1.5 Mn in bridge round

EntrackrEntrackr · 6m ago
Dronetech startup Zuppa raises $1.5 Mn in bridge round
Medial

Dronetech startup Zuppa raises $1.5 Mn in bridge round Zuppa, a Chennai-based deep-tech startup focused on autonomous drone systems, has raised $1.5 million in a bridge funding round led by entrepreneur Rahul Dewan (founder of Srijan Technologies) with participation from Ajay Gupta (Capital Foods) and the Mangwani Family Office (ex-Aquapharm Chemicals). The round brings both capital and high-impact entrepreneurial backing to the company. The new funds will be used to strengthen Zuppa’s R&D and deepen its presence in defence and dual-use drone technologies. Founded by aerospace engineers, Zuppa builds fully indigenous drone intelligence platforms including flight control systems, vision guidance, secure cyber-physical stacks, and AI-based targeting. These systems are designed to operate independently of GPS and high-bandwidth internet, enabling performance in complex and remote environments. The firm claims to have built a high-barrier entry position in the defence drone segment and is already involved in post-Operation Sindoor deployments where Indian drone tech was found lacking. With deployments already underway and a patent-backed IP stack, Zuppa is also collaborating with academic institutions and government bodies to influence national drone policy and standards.

AAI and Apogee Aerospace collaborate to advance amphibious aviation in India

EntrackrEntrackr · 3d ago
AAI and Apogee Aerospace collaborate to advance amphibious aviation in India
Medial

Amphibian Aerospace Industries (AAI) and Apogee Aerospace have entered into a strategic collaboration to establish amphibious aviation as a critical capability for India, centred on the Albatross 2.0 amphibious aircraft platform. The Albatross 2.0 is the world’s first FAA- or EASA-certified transport-category amphibious aircraft above 19 seats, with a capacity of up to 28 seats, approved for registered passenger transport operations. As part of the partnership, Apogee Aerospace has been appointed AAI’s exclusive authorised representative for the Indian subcontinent in the restricted category, covering defence and government requirements. The collaboration spans maintenance, repair and overhaul (MRO), training and capability development, simulation, end-to-end systems integration for aircraft militarisation, and the establishment of tail-section manufacturing in India to support AAI’s global supply chain. Commenting on the partnership, Khoa Hoang, executive chairman, and Gopi Reddy, president and CEO of AAI, said that the Albatross 2.0 offers a fully certified transport-category platform that can immediately address the needs of India’s military, paramilitary forces, government agencies, and strategic civil aviation. They added that partnering with Apogee enables a deeper focus on industrialisation, systems integration, skills development, and long-term sovereign capability beyond aircraft delivery. Under the agreement, Apogee Aerospace has placed an order for 15 Albatross 2.0 aircraft, representing an estimated programme value of Rs 3,500 crore. The company will also invest up to Rs 500 crore to set up tail-section manufacturing, MRO facilities, training and simulation infrastructure, and advanced systems integration capabilities in India. Through the collaboration, AAI and Apogee aim to position India as a global hub for amphibious aircraft manufacturing, sustainment, training, and exports, aligned with the country’s long-term operational, industrial, and export objectives. Led by MVN Sai, Apogee Aerospace is an Indian aerospace and defence company focused on advanced aviation platforms, systems integration, and lifecycle support for defence, government, and strategic civil applications. AAI is a global FAA-certified aerospace original equipment manufacturer specialising in modern amphibious aircraft for military, civil, private, and government use worldwide.

Defence electronics startup Sanlayan raises Rs 186 Cr in Series A

EntrackrEntrackr · 8m ago
Defence electronics startup Sanlayan raises Rs 186 Cr in Series A
Medial

News Article: Defence electronics startup Sanlayan raises Rs 186 Cr in Series A Sanlayan specializes in the design and development of advanced electronic systems, including radar, electronic warfare, and mission-critical avionics. Aerospace and defence startup Sanlayan Technologies has raised Rs 186 crore ($22 million) in its Series A funding round led by marquee investors Ashish Kacholia, Lashit Sanghvi, and Jungle Ventures, with participation from existing investors Gemba Capital, Singularity Ventures, and new investor Shastra VC. With the fresh funding, Sanlayan plans to increase its engineering headcount fivefold in the next six months. According to the startup, it is actively hiring domain experts, R&D scientists, retired armed forces veterans, and senior leadership from both public sector undertakings and private defence giants. Founded by former Zetwerk employees Abhijit Kothawale, Rohan Gala, and Rahul Vamsidhar, Sanlayan specializes in the design and development of advanced electronic systems, including radar, electronic warfare, and mission-critical avionics. The startup raised $4.4 million in its seed round in March last year from prominent institutional investors, including First Cheque, Gemba Capital, Singularity Ventures, and others. “We will continue to acquire capabilities both organically and inorganically. We are allocating capital for suo-moto development of critical technologies for CUAS and EW systems. In the last six months, we have strengthened Dexcel’s design and manufacturing capabilities and are now gearing up to execute large-scale indigenisation and upgrade programs,” said Rohan Gala, co-founder and CEO of Sanlayan. Sanlayan recently acquired a majority stake in 20-year-old embedded systems firm Dexcel Electronics to boost its capability to deliver advanced indigenous solutions for defense, aerospace, and space sectors. Dexcel Electronics has contributed to key programs like Jaguar, Sukhoi, LCA Tejas, and Chandrayaan-3. Sanlayan, leveraging its in-house R&D, is also developing AESA radar for India’s unmanned underwater vehicle (UUV) program. Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever.

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