Optimized Electrotech Raises USD 6 Million for Imaging Systems Development
Ahmedabad-based Optimized Electrotech has raised USD 6 million in a funding round to support the expansion of its manufacturing and development of artificial intelligence-powered imaging systems for defence and space applications. The funding round was led by Blume Ventures and Mela Ventures, with participation from 9Unicorns, Rajiv Dadlani Group, Venture Catalysts, and the company’s leadership.
Founded in 2017 by Sandeep Shah and Dharin Shah, the company manufactures electro-optic imaging systems designed for Intelligence, Surveillance, and Reconnaissance (ISR) operations. Its products integrate onboard analytics and real-time data processing to deliver imaging capabilities in high-demand environments.
According to co-founder and managing director Sandeep Shah, the latest investment will be used to scale the production of next-generation imaging payloads, including those tailored for autonomous ISR systems and high-speed space imaging.
Prior to this round, the company had raised over USD 4.5 million in funding. It has secured four patents and participated in various technology development programs under the Ministry of Defence’s Innovations for Defence Excellence (Idex), including the Aditi programme.
In a statement, Shah said, “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.”
Arpit Agarwal, Partner at Blume Ventures, commented, “We’re really excited to back Optimized Electrotech, a company that’s pushing boundaries in defence and deep-tech innovation.”
Parthasarathy NS, managing partner at Mela Ventures, cited the startup’s “strong technical capabilities and consistent execution.”