BENGALURU: Deeptech startup Optimized Electrotech has raised $6 million in Series A funding to accelerate the development of its artificial intelligence-powered imaging and surveillance solutions for the defence and space sectors. The round was led by Blume Ventures and Mela Ventures , with participation from 9Unicorns, existing investors such as Rajiv Dadlani Group and Venture Catalysts, and the company’s own leadership.
The Ahmedabad-based firm, founded in 2017 by Sandeep Shah and Dharin Shah, builds electro-optic imaging systems designed for intelligence, surveillance, and reconnaissance (ISR) missions. Its products – used across defence, aerospace, and space operations – combine real-time data processing and onboard analytics to deliver high-speed visual intelligence in critical environments.
In the past, the company has raised a total of Rs 39 crore (over $4.5 million as per current exchange rate) in external funding, co-founder and managing director Sandeep Shah told TOI. He said that the fresh capital will be used to scale the development of next-generation imaging payloads, including solutions for autonomous Intelligence, Surveillance and Reconnaissance (ISR) systems and high-speed space imaging.
The company said it has secured four patents and won multiple innovation challenges under the Ministry of Defence’s Innovations for Defence Excellence (Idex) initiative, including the Acing Development of Innovative Technologies with Idex (Aditi) programme.
“A war that is prevented is as important as the one that has to be won. In both scenarios, the future of warfare is increasingly going to be determined by machines, more so, by knowledge and dynamic decision-making,” Shah added.