Defence-tech Startup Ammunic Systems Raises $1.1 Mn in Seed Round

Ammunic Systems, a defence tech startup has raised $1.1 million in a seed funding round co-led by India Accelerator and its multistage VC arm Finvolve.

The funding will help Ammunic Systems grow its current products, improve research and development, increase manufacturing, and speed up the creation of new homegrown technologies.

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“This investment from India Accelerator is not just capital, it’s a vote of confidence in a mission we have poured our hearts into,” said Priyanka Singhal, Founder of Ammunic Systems. “We’re building belief that India can lead from the front in securing its future. With IA and Finvolve’s support, we are in a stronger position to scale domestic manufacturing and reduce reliance on imports.”

Ashish Bhatia, Founder & CEO of India Accelerator and Co-Founder of Finvolve, said, “India is at a critical point in its defence evolution, where reducing import dependency and boosting indigenous innovation have become strategic imperatives. Ammunic Systems exemplifies the deep-tech talent needed to support India’s vision of self-reliance in defence and global leadership in aerospace innovation.”

About Ammunic Systems

 Founded in 2024 by Priyanka Singhal, the Bengaluru-based Ammunic Systems is a defence R&D startup that designs and develops advanced weapon systems. Its core strengths lie in electronic fuzes, warheads and munition integration technologies. 

The company aims to become a next-generation innovator in the defence and aerospace sectors.

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Focused on precision and safety, Ammunic is working to build future-ready warheads that strengthen global security. The startup is dedicated to delivering high-quality solutions that not only meet but exceed client expectations. 

Its main areas include research, design, development and production of advanced weapon systems tailored for modern and future warfare needs.