Defence-tech startup Ammunic Systems has raised $1.1 million in a seed funding round co-led by India Accelerator and its multistage venture capital arm, Finvolve. The funding will support the company’s efforts in scaling existing products and developing new-generation indigenous defence technologies.
Founded in September 2024, Ammunic Systems is a research-driven defence company specialising in advanced electronic fuzes, warheads, and munitions integration technologies. With its core focus on precision, safety, and future-ready warfare systems, the Bengaluru-based startup aims to become a global innovator in defence and aerospace solutions.
Commenting on the milestone, Priyanka Singhal, Founder of Ammunic Systems, said:
“This investment from India Accelerator is not just capital; it is a vote of confidence in a mission we have poured our hearts into. At Ammunic Systems, we are not just building defence technologies; we are building belief — that India can lead from the front in securing its own future.”
The startup is committed to exceeding client expectations through continuous innovation in the research, design, development, and production of cutting-edge weapon systems tailored for both current and future warfare demands.
With this investment, India Accelerator and Finvolve strengthen their growing portfolio of defence-tech ventures, which already includes notable names like IG Drones, Indrajaal, Zulu Defence, among others.
