Funding
Pre-Series A · Hardware

AlgoFET raises ₹15 crore pre-Series A led by Piper Serica

The drone infrastructure startup will expand manufacturing, develop its IP and scale deployments.

By RoundOS Funding desk

AlgoFET raised ₹15 crore in a pre-Series A round announced on August 19, 2026, led by Piper Serica.

The company plans to develop its infrastructure products, expand in-house manufacturing and strengthen proprietary technology. The capital will also support deployments for defence, enterprise and international customers, extending its docking, charging and fleet-management systems.

Use of funds

Infrastructure product development

In-house manufacturing

Proprietary IP

Defence, enterprise and international deployment

Funding history

Pre-Series A · This round₹150M

Sources

  1. Piper Serica leads Rs 15 Cr pre Series A round in deep tech startup AlgoFETentrackr.com · Aug 19, 2026

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