GVFL makes Series A funding in defence tech startup, Optimized Electrotech
GVFL Ltd, a venture capital firm, has invested an undisclosed sum for a Series A investment round in Optimized Electrotech Pvt. Ltd., a high-end technology startup with state of art electro-optics surveillance systems having defense and commercial applications.
The startup is headquartered at Ahmedabad with a prototype development centre at Bangalore. It has recently signed a MoU with the Government of Gujarat during Vibrant Gujarat 2019 to setup manufacturing facility in the state. This is GVFL’s fifth investment from its Startup Fund.
It builds indigenous designed products, developed and manufactured surveillance systems and provides breakthrough technology innovation solutions for various applications such as electro-optics, camera, electronic hardware, optoelectronics, critical asset tracking for military & defence as well as for airport surveillance.