PE-VC Fund Investments

Defence-tech startup Ammunic Systems raises $1.1 M

Indian Startup News   Ammunic Systems  

Bengaluru-based Ammunic Systems has raised USD 1.1 million in its seed funding round co-led by India Accelerator and its multistage venture capital arm, Finvolve.Founded in 2024 by Priyanka Singhal, Ammunic Systems is focused on the design and development of weapon systems with core competence to become a next-generation defence and aerospace innovator.The new funds will be used by the firm to scale up existing products and build new technologies.

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