PE Fund Investments
Drone tech startup Okulo Aerospace raises $1-M led by IdeaSpring Capital
Bengaluru-based drone technology company Okulo Aerospace has raised USD 1 million in a pre-seed round led by Ideaspring Capital with participation from Java Capital, Forge Accelerator and a group of angels from Trichy-based Rockfort Ventures. The funds will be used for product development, team expansion, and for establishing early traction with customers through targeted marketing and sales initiatives. Founded in 2019 by Parithi Govindaraju, Okulo Aerospace specializes in long-endurance unmanned aerial vehicles (UAVs). By optimising operations, enhancing situational awareness, and aiding in critical defence operations, its aerial vehicles enable users to make informed decisions with speed and precision.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
