Defence-tech startup Optimized Electrotech raises $6 million

Published on April 14, 2025

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.

Read the full article here.

Other news

Long-sought goal of better Pentagon buying may finally be within reach

April 14, 2025
Calls to overhaul the Pentagon’s buying process go back decades—to the Revolutionary War, one former congressman joked—from defense secretaries from William Perry to Donald Rumsfeld to Robert Gates to Ash Carter. An executive order signed late Wednesday evening is the latest, perhaps the most ambitious—and just maybe, the one with the best chance for success. President Donald Trump’s order calls u

Lumenix CEO Shin Woo-jin innovates with lasers for drone defense and communication

April 14, 2025
There is a man obsessed with RAY. He blocks drone (unmanned aerial vehicle) attacks with a laser and chases away birds that cause aircraft accidents. He also uses lasers for communication between thousands of islands. This is the story of Shin Woo-jin, the CEO of Lumenix.On the 9th, at the Gwangju Institute of Science and Technology, CEO Shin said, “When a drone takes off, it can be shot down with