Optimized Electrotech raises $6 Mn in Series A round

Entrackr · 2d

Optimized Electrotech raises $6 Mn in Series A round. Deep-tech company Optimized Electrotech, specializing in imaging surveillance technology, has bagged $6 million in a Series A funding round co-led by Blume Ventures and Mela Ventures. The round also witnessed participation from 9Unicorns and existing investors, including Rajiv Dadlani Group and Venture Catalysts. The company had previously raised $4.5 million from its existing investors. The proceeds will be used to develop next-gen AI imaging payloads, high-speed space-based surveillance solutions, and to penetrate global markets, Optimized Electrotech said in a press release. Founded in 2017 and led by promoters Sandeep Shah and Dharin Shah, Optimized Electrotech aims to empower AI-driven imaging solutions for ISR and critical strategic applications. The company develops cutting-edge electro-optic systems, spanning the electromagnetic spectrum, enhancing defense, space, border security, and aerospace operations. By integrating onboard analytics, its advanced surveillance solutions provide real-time intelligence, strengthening situational awareness in high-stakes environments. Optimized Electrotech focuses on innovation, indigenous technology development, and strategic surveillance solutions. Its solutions facilitate governments, defense services, paramilitary forces, mining corporations, civic bodies, and large corporations to respond to unauthorized drone attacks swiftly. “Driven by strong government policies and an increasing focus on indigenous capabilities, it’s important to build critical mass within this window of opportunity. This funding round is a testament to the confidence our investors have in our vision. We are committed to leveraging this capital to further enhance our technological capabilities, expand our footprint, and contribute meaningfully to India’s strategic and security objectives,” said Sandeep Shah, founder & MD of Optimized Electrotech. It competes with other notable companies such as Tonbo and Tata Advance Systems Ltd.