AlgoFET Raises ₹15 Crore from Piper Serica to Power India’s Autonomous Drone Infrastructure Ecosystem

AlgoFET Raises ₹15 Crore from Piper Serica to Power India’s Autonomous Drone Infrastructure Ecosystem

AlgoFET Raises ₹15 Crore from Piper Serica to Power India’s Autonomous Drone Infrastructure Ecosystem
AlgoFET has raised ₹15 cr. in a Pre Series A round, funding from Piper Serica to build out India's autonomous drone infrastructure, the ground-based network of docking, charging & monitoring systems that keeps drones flying without manual intervention.


The company is building a vertically integrated infrastructure stack, hardware, firmware and software spanning autonomous docking, intelligent battery management, high-power charging, embedded electronics and cloud-based fleet monitoring with 2,000+ units already deployed, an order pipeline worth INR 100 Cr and early traction in the US and Europe.

AlgoFET Private Limited, a Bengaluru-based deep-tech company building autonomous ground infrastructure for drones, today announced that it has raised ₹15 crore in a Pre Series A round funding from Piper Serica, a Mumbai-based VC fund investing in deep-tech startups . The company will use the capital to accelerate next-generation infrastructure products, expand in-house manufacturing, deepen proprietary IP and scale deployments across defence, enterprise and global markets.

Drones are becoming critical operational assets across defence, agriculture, logistics, surveillance and infrastructure. As their use expands, keeping them powered and in the air for longer is becoming as important as the technology that enables them to fly. Yet, charging, battery replacement and getting drones back in operation still largely depend on manual intervention. AlgoFET is addressing this gap by building the autonomous ground infrastructure that enables drones to recover, recharge and relaunch with minimal human intervention.

Founded in December 2023 by Ankit Mishra, an IIT Guwahati alumnus, AlgoFET is building the autonomous ground infrastructure that allows drones to recover, recharge, and relaunch entirely on their own. Where the last decade of drone innovation focused on what happens in the air, AlgoFET is focused on the layer beneath it, the ground infrastructure required for autonomous flight to become continuous, unattended and scalable.

AlgoFET's proprietary technology spans five integrated layers; autonomous docking mechanisms, intelligent battery management, high-power charging systems, embedded electronics and firmware and cloud-based fleet monitoring, designed to work together as a vertically integrated hardware, software and firmware stack. Rather than building a single point solution, the company is building an integrated infrastructure ecosystem where these technologies work as one system, enabling higher uptime, predictable reliability, faster mission readiness and the operational scalability required for drones to move from pilot deployments to continuous, unattended operations with minimal human oversight.

The company has already deployed 2,000+ units, holds an order pipeline of 4,000+ units and works with India's leading drone OEMs and Indian Army and has an order book of 100Cr. Its infrastructure is designed to support the growing requirements of defence, enterprise and global drone markets as operators move towards continuous and unattended operations at scale.

The company has built a 12000 sqft fully operational manufacturing facility. This capital will help AlgoFET to build the operational backbone required for autonomous drone infrastructure at national scale, deployed across five priority areas: accelerating development of next-generation autonomous infrastructure products; expanding in-house manufacturing capabilities and capacity; strengthening proprietary IP development across docking, charging, battery management, firmware and fleet software; scaling deployments across defence, enterprise, and global markets, including the US and Europe and building the operational infrastructure, quality systems and working capital required to deliver at scale.

Commenting on the funding, Ankit Mishra, Founder, AlgoFET, said “India has invested heavily in drones. What we have not yet built is the ground infrastructure that lets those drones stay in the air. Every mission still ends when the battery does and a human has to intervene. 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. This funding lets us turn a proven technical insight into national-scale infrastructure.”

Commenting on the Funding, Hardik Dua, Investment Professional from Piper Serica Said “Drones are rapidly becoming critical assets across civilian and defence applications, but as their use becomes more widespread and autonomous, the systems that power, manage and sustain them will become equally fundamental. 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. As India pursues greater technological self-reliance, building ownership over such critical underlying technologies will be increasingly important. AlgoFET’s integrated approach to solving this challenge from intelligent power systems and battery intelligence to autonomous ground infrastructure, gave us the conviction that it can build a globally competitive and foundational technology company for the drone ecosystem from India.”

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