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Defence tech startup Armory raises Rs 13 crore in a funding round led by GrowX Ventures to enhance R&D and manufacturing capabilities.

PRIVATEJun 25, 2025

Amount Raised

₹130 Million

Round Type

Seed

GurugramManufacturingAerospace

Investors

Dexter VenturesGrowx VenturesIndustrial 47AntlerAC Ventures

Description

Armory, a defence-tech startup focused on counter-drone technology, has raised Rs 13 crore in a funding round led by GrowX Ventures. The capital will be used to accelerate R&D and expand manufacturing. Other investors include Industrial 47, Antler, AC Ventures, and Dexter Ventures. The company aims to strengthen indigenous defence capabilities amid growing interest in AI-powered security systems.

Quick answer

Armory raised ₹130 Million in a Seed round, dated June 25, 2025. Investors: Dexter Ventures, Growx Ventures, Industrial 47, Antler and AC Ventures. Armory is based in Gurugram, Haryana, India.

How much did Armory raise?
Armory raised ₹130 Million in a Seed round on June 25, 2025.
Who invested in Armory?
Dexter Ventures, Growx Ventures, Industrial 47, Antler and AC Ventures are named as investors in this round.
What does Armory do?
Armory is a new age defence tech startup building next-generation C-UAS systems to strengthen Indian forces in the modern battlefield.
Where is Armory based and how big is it?
Armory is based in Gurugram, Haryana, India. Fundz records about 14 employees.
Who are the decision-makers at Armory?
Fundz holds 1 contact at Armory. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace and Manufacturing around the same time

Companies in the same sectors as Armory that raised within 45 days of this round, from Fundz verified event records.

  • Precision Aerospace & Defense Group raised $400K (Seed) on July 29, 2025.
  • Hadrian raised $260M (Series C) on July 17, 2025.
  • Chariot Defense raised $8M (Seed) on July 16, 2025.
  • Auriga Space raised $6M (Funding Round) on July 15, 2025.
  • Green Aero raised $1.6M (Seed) on July 9, 2025.
  • SkyDrive raised $58M (Series D) on July 4, 2025.

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Company Information

Company

Armory

Location

Gurugram, Haryana, India

About

Armory is a new age defence tech startup building next-generation C-UAS systems to strengthen Indian forces in the modern battlefield. We are born out of a single mission: To build the best counter-drone systems that can detect, defend and destroy rogue drones. Modern conflicts waged remotely demand a radical rethinking of strategy as adversaries deploy inexpensive drones and technology to inflict maximum damage with minimal risk.

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