Bengaluru-based deep tech startup Optimized Electrotech has raised $6 million (approximately INR 49 crore) in a Series A funding round co-led by Blume Ventures and Mela Ventures. The round also saw participation from existing investors such as Venture Catalysts, 100Unicorns, and Rajiv Dadlani Group, alongside contributions from the startup’s co-founder and MD, Sandeep Shah.
Strategic Plans for Growth and Expansion
Optimized Electrotech plans to utilize the fresh capital to advance its AI-driven imaging payloads and high-speed space surveillance systems. The funds will also support the company’s international expansion efforts. Shah stated, “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.”
Additionally, the startup intends to launch a dedicated subsidiary focused on space technology. Shah revealed plans to raise an additional $5 million over the next six months through strategic investments from semiconductor companies.
Pioneering Surveillance Solutions
Founded in 2017 by Sandeep Shah, Anil Yekkala, Dharin Shah, Kuldeep Saxena, and Purvi Shah, Optimized Electrotech specializes in electro-optic imaging systems for defense, aerospace, and border security applications. Its indigenously developed AI-powered platforms enable governments and organizations to counter threats like unauthorized drone attacks effectively.
The company competes with industry giants such as Bharat Electronics and Tata Advanced Systems in the multi-spectral imaging domain.
Financial Challenges Amid Growth
Despite its technological advancements, Optimized Electrotech faced financial hurdles in FY25. Revenue declined to INR 3 crore from INR 4.4 crore in FY24, while losses widened to INR 8 crore from INR 5.7 crore in the previous fiscal year.
Building India’s Surveillance Future
Optimized Electrotech’s innovative solutions align with India’s defense modernization goals under the Atmanirbhar Bharat initiative. With ongoing investments and cutting-edge technologies, the startup is poised to contribute significantly to national security while expanding its global footprint.