Bengaluru’s AlgoFET Raises ₹15 Cr to Scale Autonomous Drone Infrastructure

Bengaluru-based drone tech startup AlgoFET has raised ₹15 crore ($1.56 million) from Piper Serica in a pre-Series A funding round to scale its autonomous drone infrastructure in India. 

The deeptech company will use the capital to develop new infrastructure products, expand manufacturing, strengthen proprietary intellectual property, and scale deployments across defence, enterprise, and global markets.

It is building ground infrastructure that lets drones recover, recharge, and relaunch with minimal human intervention. Its systems cover autonomous docking, battery management, high-power charging, embedded electronics and firmware, and cloud-based fleet monitoring.

“Every mission still ends when the battery does, and a human has to intervene,” Ankit Mishra, Founder of AlgoFET, said in a statement. “AlgoFET exists to close that gap, not by building a better charger, but by building the infrastructure layer the entire drone ecosystem needs to operate at scale.”

AlgoFET said charging, battery replacement and returning drones to operation still depend largely on manual intervention. Its infrastructure aims to address this gap as drone use expands across defence, agriculture, logistics, surveillance, and infrastructure.

Founded in December 2023 by IIT Guwahati alumnus Mishra, AlgoFET has deployed more than 2,000 units. It has an order pipeline of more than 4,000 units and an order book worth ₹100 crore.

The company works with Indian drone manufacturers and the Indian Army. It also has early traction with manufacturers in the US and Europe, according to the company.

AlgoFET operates a 12,000 sq ft manufacturing facility in Kadugodi, Bengaluru. The new funding will help expand its in-house manufacturing capacity and build infrastructure for larger-scale deliveries.

The company will also invest the fresh capital in proprietary technology covering docking, charging, battery management, firmware, and fleet software. It plans to scale deployments across defence, enterprise, the US, and Europe.

Piper Serica Investment Professional Hardik Dua said the infrastructure supporting drones would become increasingly important as their use becomes more autonomous.

“The next phase of the drone ecosystem will not be defined by flight alone, but also by the intelligence and infrastructure that keeps these systems operational over time,” Dua said.

AlgoFET said the funding will support product development, manufacturing, intellectual property, deployments, and the operational systems needed to deliver at scale.