Defense Technology Company Ammunic Systems Secures USD 1.1 Million in Funding
In a significant move for India's defence sector, Bengaluru-based Ammunic Systems, a cutting-edge defence technology startup, has raised $1.1 million in a seed funding round. The investment, co-led by India Accelerator and Finvolve, is set to accelerate Ammunic Systems' innovation roadmap and advance India's self-reliance in strategic defence solutions.
Founded in 2024, Ammunic Systems specializes in the design and development of advanced weapon systems. The company's expertise lies in the creation of electronic fuzes, warheads, and munition integration technologies, all with a focus on indigenous defence technology. The aim is to reduce India's dependence on imported defence equipment and offer precision, safety, and efficiency for current and future defence needs.
Ashish Bhatia, the Founder of India Accelerator and Co-founder of Finvolve, noted that Ammunic Systems exemplifies the deep-tech innovation needed to strengthen India's defence ecosystem. Priyanka Singhal, the Founder of Ammunic Systems, echoed this sentiment, stating that the company is not just building defence technologies, but also building belief in India's ability to lead in securing its own future.
The funding will be used to boost research and development, scale manufacturing capacity, expand the team, and enhance both existing product lines and new product development efforts. This investment is seen as a vote of confidence in Ammunic Systems' mission to become a leading innovator in the defence and aerospace sector.
Ammunic Systems aspires to provide end-to-end solutions across the defence product cycle, from design, testing, to full-scale production of weapon systems. This funding round marks a significant step for Ammunic Systems to scale its innovation roadmap and operational capability for next-generation defence technologies.
In summary, Ammunic Systems is currently in its early growth phase, leveraging seed funding to amplify its R&D, manufacturing, and team strength with focused plans on advancing indigenous, advanced weapon technologies to strengthen India's defence ecosystem. The startup's mission is clear: to build self-reliance in India's defence sector by delivering homegrown cutting-edge technologies, ultimately supporting the country’s strategic autonomy goals.
- The seed funding round, led by India Accelerator and Finvolve, will help Ammunic Systems, a Bengaluru-based startup specializing in defence technology, boost its research and development, scale manufacturing capacity, expand the team, and enhance both existing product lines and new product development efforts.
- The investment in Ammunic Systems is seen as a vote of confidence in the company's mission to become a leading innovator in the defence and aerospace sector, with a focus on indigenous defence technology.
- Ashish Bhatia, Founder of India Accelerator and Co-founder of Finvolve, noted that Ammunic Systems exemplifies the deep-tech innovation needed to strengthen India's defence ecosystem.
- Founded in 2024, Ammunic Systems aims to reduce India's dependence on imported defence equipment and offer precision, safety, and efficiency for current and future defence needs, eventually supporting the country’s strategic autonomy goals.
- The funding will also be used to support Ammunic Systems' ambition to provide end-to-end solutions across the defence product cycle, from design, testing, to full-scale production of weapon systems, aiming to build self-reliance in India's defence sector.
