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AlgoFET raises Rs 15 crore in a pre Series A funding round led by Piper Serica to accelerate development of infrastructure products and expand manufacturing.

PRIVATEAug 19, 2026•about 5 hours ago

Amount Raised

₹150 Million

Round Type

Series A

Bengaluru

Investors

Piper Serica

Description

AlgoFET has secured Rs 15 crore in a pre Series A funding round led by Piper Serica. The startup plans to use the funds for development of infrastructure products and to strengthen proprietary IP. Founded in December 2023, AlgoFET specializes in autonomous ground infrastructure for drones. Its technology targets improved drone operations with limited human intervention.

Company Information

Company

AlgoFET

Location

Bengaluru, Karnataka, India

About

AlgoFET is a deep tech startup focused on building autonomous ground infrastructure for drones. Founded in December 2023, its products include docking, charging, battery management, and fleet monitoring to enable continuous drone operations with limited human intervention. The startup holds proprietary IP across several key technologies and has already deployed over 2,000 units, with an order pipeline exceeding 4,000 units.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

AlgoFET raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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