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CoreEL Technologies raises growth capital for defence electronics
CoreEL Technologies secured $30 million to scale defence electronics manufacturing as deeptech investment activity remains strong.
Defence electronics firm CoreEL Technologies raised $30 million from investors including ValueQuest and 360 ONE. The company develops advanced electronic systems for aerospace and defence applications. The funding supports commercial expansion as deeptech firms transition from research-led operations to scaled manufacturing and deployment, reflecting sustained investor interest in strategic technology sectors within India.