How much did AlgoFET raise?

AlgoFET raised $1.8M at Seed, announced 19 August 2026.

Ankit Mishra is Founder of AlgoFET.

What does AlgoFET do?

AlgoFET operates in Defense & GovTech and is based in India.

FundedStartupsDaily / Defense & GovTech / AlgoFET

AlgoFET raises $1.8M

AlgoFET announced a Seed round of $1.8M on 19 August 2026. The company operates in Defense & GovTech and is based in India. It was founded by Ankit Mishra, Founder.

Raised

$1.8M

Stage

Seed

Industry

Defense & GovTech

Country

India

Founder

Ankit Mishra

Founder, AlgoFET

LinkedIn profile algofet.com

Outreach angles

-Ankit Mishra is an IIT Guwahati alumnus who founded AlgoFET in December 2023.
-He has since built AlgoFET a 12,000 sq ft manufacturing facility and a 4,000-plus unit order pipeline with India's leading drone OEMs.
-The pre-Series A, led by Piper Serica, will fund AlgoFET's next-generation docking and battery-management systems as it scales into defence, enterprise and global markets.