Amount Raised
$16 Million
Round Type
Funding Round
BengaluruManufacturingAerospaceDescription
360 One Asset Management, formerly known as IIFL Asset Management, on Tuesday said it will invest $16 million in CoreEL Technologies.The funds will be used to accelerate CoreEL’s growth plans including research and development, new products development and augmenting manufacturing capacity, it said in a statement.
Quick answer
CoreEL Technologies raised $16 Million in a Funding Round round, dated December 5, 2023. CoreEL Technologies is based in Bengaluru, Karnataka, India.
- How much did CoreEL Technologies raise?
- CoreEL Technologies raised $16 Million in a Funding Round round on December 5, 2023.
- What does CoreEL Technologies do?
- CoreEL is a leading provider of advanced electronic system level products and solutions for the Aerospace and Defence as well as the commercial sectors.
- Where is CoreEL Technologies based and how big is it?
- CoreEL Technologies is based in Bengaluru, Karnataka, India. Fundz records about 722 employees.
- Who are the decision-makers at CoreEL Technologies?
- Fundz holds 2 contacts at CoreEL Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Aerospace and Manufacturing around the same time
Companies in the same sectors as CoreEL Technologies that raised within 45 days of this round, from Fundz verified event records.
- Parry Labs raised $91M on December 22, 2023.
- Angel Aerial Systems raised $2.3M (Seed) on December 18, 2023.
- XTI Aerospace raised $2.5M on December 15, 2023.
- JetZero raised $26M on December 14, 2023.
- Hadrian raised $86M on December 11, 2023.
- Ursa Major Technologies raised $138M (Funding Round) on November 30, 2023.
Who to call at CoreEL Technologies, and when
A new round usually means CoreEL Technologies is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CoreEL Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CoreEL Technologies, from your own LinkedIn network
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Fundz sees it the moment CoreEL Technologies raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
CoreEL Technologies 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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