Funding · Government, Defense & Space

AlgoFET secures ₹15 crore in Pre-Series A funding

By Startup Enthusiast · 19 August 2026

Date: 19 August 2026
Company: AlgoFET
What it does: Autonomous drone ground infrastructure
Kind: Funding
Amount: ₹15 crore
Stage: Pre-Series A
Based in: Bengaluru
Founded: 2023
Sector: Government, Defense & Space

What they do

AlgoFET builds autonomous ground infrastructure for drones, including docking stations, wireless charging pads, and smart battery management systems for…

What happened

The company raised ₹15 crore in a Pre-Series A round led by Piper Serica to scale its manufacturing and product development

Why it matters

The Bengaluru-based startup currently serves drone manufacturers and the Indian Army, with over 2,000 units already deployed across its client base

The details

The Bengaluru-based startup AlgoFET successfully raised ₹15 crore in a Pre-Series A funding round.
Investment firm Piper Serica led this financing round to support the company's growth objectives.
The startup plans to use the new capital to accelerate product development and enhance its in-house manufacturing capabilities.
AlgoFET intends to expand its market presence within the defence and enterprise sectors.
The company is also targeting international expansion into markets including the United States and Europe.

The bigger picture

Drone battery management and charging processes remain largely manual tasks within the current industry landscape.
AlgoFET aims to solve these operational inefficiencies by automating essential ground infrastructure for drone fleets.
The company was recognized as the Innovation of the Year at the Drone Expo held in Mumbai.

About the business

AlgoFET develops autonomous ground infrastructure for drones, focusing on docking, charging, and battery management.
Key products include AlgoDOCK for docking, AlgoPAD for wireless charging, and the AX Charger for intelligent battery power.
The company also provides AlgoBMS for smart battery monitoring and an integrated suite of support tools.
Its technology stack combines embedded electronics, firmware, and cloud-based fleet monitoring systems.
The startup operates a 12,000 sq ft manufacturing facility located in Bengaluru.
Current customers include various drone OEMs (original equipment manufacturers) and the Indian Army.

What happens next

Increase in-house manufacturing capacity.
Expand deployments in defence and enterprise markets.
Enter international markets including the US and Europe.

The deal

Type: funding

Investors

Piper Serica (lead) — An investment firm that led the Pre-Series A round.

Founders

Ankit Mishra, Founder

About AlgoFET

Product: Autonomous ground infrastructure systems combining autonomous docking, intelligent battery management, high-power charging and cloud-based fleet monitoring
Customers: Drone operators in defense, government, logistics and enterprise sectors requiring continuous drone operations
How it makes money: B2B hardware and software solutions for autonomous drone operations infrastructure
What sets it apart: Proprietary IP in autonomous docking, intelligent charging, battery management and fleet software enabling minimal human intervention
Operations: 2000+ units deployed with 4000+ units in order pipeline, operations in defense, government and enterprise sectors

Same day

All startup news on 19 August 2026 →