Optimized Electrotech Pvt Ltd (OEPL), a deep tech company specialising in imaging surveillance technology, Monday announced that it raised $6 million in its Series A funding round led by Blume Ventures and Mela Ventures.
The funding round saw participation from 9Unicorns and existing investors, including Rajiv Dadlani Group and Venture Catalysts, the startup said in a statement. OEPL’s leadership, including co-founder and MD Sandeep Shah, also joined the round.
The new funding will help the company accelerate development of next-generation imaging payloads for autonomous intelligence, surveillance, and reconnaissance (ISR) systems, high-speed imaging solutions for space applications and broader market reach, the statement added.
“Driven by strong government policies and an increasing focus on indigenous capabilities, it’s important to build critical mass within this window of opportunity…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 Shah.
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