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Defence tech startup Ammunic Systems has raised $1.1 million in a seed funding round co-led by India Accelerator and its multistage VC arm Finvolve.
The proceeds will be channeled towards scaling existing products and building new indigenous defence technologies, Ammunic Systems said in a press release.
Launched in September 2024, Ammunic Systems is a defence R&D firm focused on the design and development of weapon systems with core…
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Defence tech startup Ammunic Systems has raised $1.1 million in a seed funding round co-led by India Accelerator and its multistage VC arm Finvolve.
The proceeds will be channeled towards scaling existing products and building new indigenous defence technologies, Ammunic Systems said in a press release.
Launched in September 2024, Ammunic Systems is a defence R&D firm focused on the design and development of weapon systems with core…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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