When was AlgoFET founded?

AlgoFET was founded in 2023 and raised its 1st funding round 3 years after it was founded.

Where is AlgoFET located?

AlgoFET is headquartered in Bengaluru, India. It is registered at F223, Assetz Marq, Whitefield, Hoskote Road, Kannamangala, Bangalore, Bangalore South, Karnataka, India, 560067.

Who is the current CEO of AlgoFET?

Ankit Mishra of AlgoFET. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is AlgoFET associated with?

AlgoFET is associated with ALGOFET PRIVATE LIMITED.

How many employees does AlgoFET have?

As of Sep 30, 2026, the latest employee count at AlgoFET is 14.

Is AlgoFET a funded company?

AlgoFET is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 19, 2026.

When was the latest funding round of AlgoFET?

AlgoFET's latest funding was a $***** Seed round on Aug 19, 2026, with participation from 1 investor. Its primary sector is Drones. In India, the Drones sector has seen $127M in funding in 2026 to date.

What is the annual revenue of AlgoFET?

Annual revenue of AlgoFET is less than ₹10 Cr as on Mar 31, 2025

Where does AlgoFET rank among its competitors?

AlgoFET ranks 2nd amongst 33 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was AlgoFET, which secured $1.57M in Aug, 2026.

Who are the top competitors of AlgoFET?

AlgoFET's top competitors include WiBotic, Skycharge and Volarious. Among them, AlgoFET secured the most recent funding round in August, 2026.

AlgoFET - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturers of autonomous charging systems for drones. Its solution enables end-to-end autonomy in drone operations, leveraging its charging management infrastructure to manage energy storage for unmanned aerial vehicles (UAVs).

Website: algofet.com
Phone Number: +91 **********
Registered Address: F223, Assetz Marq, Whitefield, Hoskote Road, Kannamangala, Bangalore, Bangalore South, Karnataka, India, 560067

Key Metrics

Founded Year

2023

Location

Bengaluru, India

Stage

Seed

Total Funding

$1.57M in 1 round

Latest Funding Round

Seed, Aug 19, 2026, $*****

Investors

Piper Serica

Ranked

2^nd among 33 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

14 as on Sep 30, 2026

Similar Companies

WiBotic & 45 more

View AlgoFET's full profile

AlgoFET is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ALGOFET PRIVATE LIMITED CIN: U27900KA2023PTC182980 , India, Active	Dec 30, 2023	0 - ₹10 Cr (As on Mar 31, 2025)	-

AlgoFET has raised a total funding of $1.57M over 1 round. Its latest funding round was a Seed round on Aug 19, 2026 for $*****. 1 investor participated in its latest round. AlgoFET has 1 institutional investor.

Here is the list of recent funding rounds of AlgoFET:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 19, 2026	3472001	Seed	2597312	9392022	1008455	7354205

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View details of AlgoFET's funding rounds and investors

The founders of AlgoFET is Ankit Mishra. Ankit Mishra is the CEO of AlgoFET.

Here are the details of AlgoFET's key team members:

Ankit Mishra: Founder & CEO of AlgoFET. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of AlgoFET's Founder profiles and Board Members

AlgoFET's employee count trend

AlgoFET has 14 employees as of Sep 26. Here is AlgoFET's employee count trend over the years:

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Top competitors of AlgoFET include WiBotic, Skycharge and Volarious. Here is the list of Top 10 competitors of AlgoFET, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	WiBotic 2015, Seattle (United States), Series A	Provider of wireless charging solutions for industrial robots	$13.5M	SV Tech Ventures, The W Fund & 9 others	46/100
2nd	AlgoFET 2023, Bengaluru (India), Seed	Manufacturers of autonomous charging systems for drones	$1.57M	Piper Serica	39/100
3rd	Skycharge 2013, Berlin (Germany), Seed	Developer of autonomous charging and docking systems for unmanned aerial vehicles	$120K	Airbus BizLab, EvoNexus & 15 others	36/100
4th	Volarious 2018, Singapore (Singapore), Unfunded	Develops charging station for drones	-	-	32/100
5th	Herotech8 2016, Bedford (United Kingdom), Funding Raised	Developer of automated-drone-in-a-box technology	-	Vinci, Berkeley SkyDeck & 2 others	29/100
6th	HIVE 2020, Russia, Unfunded	Manufacturer of autonomous drones and drone station systems for multiple applications	-	-	28/100
7th	FlyX Technologies 2020, Sunnyvale (United States), Funding Raised	Developer of proprietary wireless power charging technology for drones	-	Plug and Play Tech Center	28/100
8th	Fly Right Systems 2015, Las Vegas (United States), Unfunded	Develops green renewable energy drone with longer flight duration & inventing technologies to track/report drones	-	-	27/100
9th	Spooky Action 2019, Minneapolis (United States), Funding Raised	Provides tether systems for battery backup to drones while in air	-	Gbeta, Valley Ventures Accelerator	26/100
10th	Dpendent 2015, Bourg en Lavaux (Switzerland), Funding Raised	Develops autonomous platform for drones	-	FIT, Startup days	26/100