Deeptech imaging and surveillance startup Optimized Electrotech has raised $6 million in a Series A fundraise led by Blume Ventures and Mela Ventures. The round saw participation from marquee investors including Bharat Innovation Fund, Ventureast, and a few strategic family offices.
Goyel & Goyal advised Optimized Electrotech on all aspects of this transaction.
The transaction team was led by Akshit Goyal (Founding Partner) and Rishi Shah (Senior Associate).
Optimized ElectroTech plans to use the fresh capital to scale manufacturing capacity, strengthen its R&D capabilities, and expand its market presence domestically and internationally.
Founded in 2017 by Shah and Dharin Shah, Optimized Electrotech develops AI-driven imaging solutions for ISR (intelligence, surveillance, and reconnaissance) and other critical strategic applications. Its electro-optic systems span the electromagnetic spectrum, supporting operations in defence, space, border security, and aerospace.
The funds will help the company accelerate the development of its AI–powered imaging and surveillance solutions for the defence and space sectors.
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