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Sandeep Shah
Deeptech surveillance startup Optimized Electrotech has raised $6 million in a Series A funding round co-led by Blume Ventures and Mela Ventures. Venture Catalysts, 100Unicorns, and the Rajiv Dadlani Group also participated.
The round also saw a personal investment from the co-founder and managing director Sandeep Shah. The Ahmedabad-based startup previously raised $4 million in funding from existing backers.
What does Optimized Electrotech do?
Founded in 2017 and led by promoters, Sandeep Shah and Dharin Shah, Optimized Electrotech develops AI-powered electro-optic imaging systems for applications across defence, aerospace, and border security.
Its AI-driven platforms are designed to help government agencies, defence services, paramilitary forces, and mining corporations respond to emerging threats, including unauthorised drone attacks.
Strengthening R&D
Optimized Electrotech plans to use the capital to accelerate the development of its AI-powered imaging payloads and high-speed space surveillance systems, while also expanding its business 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," said Shah.
Launching a dedicated spacetech subsidiary
Shah also said that the startup is planning to launch a dedicated spacetech subsidiary, with plans to raise an additional $5 million in the coming six months, primarily through strategic partnerships with semiconductor companies.
"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," he added.