AlgoFET raises $1.8M seed
Announced 19 August 2026
◆ The Round
AlgoFET raised $1.8M in seed funding, announced on 19 August 2026, led by Piper Serica. The round is tracked live by Fusion42 as part of the Raise fund database and the Scout startup database.
◆ About AlgoFET
AlgoFET is building the ground layer for autonomous drone operations, covering docking, charging, battery management and fleet monitoring. AlgoFET is based in India and currently at seed stage, operating in Robotics & Drones & UAV.
◆ Investors
LeadPiper Serica
◆ Market context
This funding event is a citable node in Fusion42's market graph: it links AlgoFET's Scout profile to the funds behind the round and to related Wire analysis, and is refreshed from public announcements as the round is confirmed or extended. It is the same live market data Arthur reasons over when benchmarking a founder's own raise against what is closing in the market right now.
◆ Explore the market
◆ FAQ
How much did AlgoFET raise?
AlgoFET raised $1.8M in its seed round, announced 2026-08-19.
Who invested in AlgoFET's seed round?
The round was led by Piper Serica.
What does AlgoFET do?
AlgoFET is building the ground layer for autonomous drone operations, covering docking, charging, battery management and fleet monitoring.
Verified 19 August 2026 · Sources: public filings