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Zebu, a defense technology startup, raised $1 million from Bluehill VC at its pre-series A funding round

Zebu

SUMMARY

Zebu is a defense-tech startup that produces mission-ready counter-drone systems for the armed forces. The company raised 1 million USD from Bluehill Venture Capital during its pre-series A funding round. The startup is going to utilize the new proceeds to expand its operations, aid the modernization of the defense capabilities of India, and accelerate four of its mission-critical drones from prototype to battlefield deployment. This is the company’s first funding since its inception.

The company plans on investing some of its funds into enhancing the defense capabilities of India and promoting its technology. Zebu is a defense technology company that has launched four recent products for the Indian armed forces that consist of a sea-surface combat, hostile drone-neutralizing IAF Net Drone with a six-cartridge configuration, and a rescue drone for the Indian Coast Guard. The company constantly improves its devices while offering a swarm-enabled offensive combat drone for the IAF and a surveillance drone for the army border patrol.

The defense tech company is committed to creating anti-drone swarm defense systems for the Air Force with quick-firing pneumatic launchers for completion by the end of the year. The drones are meant to overwhelm enemy drones with coordinated attacks. The company offers innovative solutions to provide for the surveillance of airspaces and track live analysis. With this investment, the startup will enhance its performance capability and develop advanced defense technology capabilities.

It plans to use some of the new capital to enhance its resources and build its network. It is also negotiating with a leading defense manufacturer to supply drones. The market research highlighted that the segment is likely to grow at a massive CAGR over the next couple of years. This investment shows the investor’s trust in Zebu’s business model and market size potential. Zebu is building its network into commercial markets by taking its technology from the defense level and implementing it for enterprise use.

The Hyderabad-based startup uses cutting-edge technology to provide innovative solutions. The development came just after the defense tech market saw increased investor interest. The counter-drone market is expected to reach 11 billion USD by 2030. Zebu said that its Ground Control Station attracted tremendous attention from private OEMs from India, Southeast Asia, and the US. Zebu faces competition from the companies within the same market segment that include EXL, as well as Tech Mahindra.

Conclusion:

The software and hardware technologies manufacturing defense tech startup, Zebu, secured 1 million USD in its pre-series A funding round. Bluehill Venture Capital led the round, marking its first funding round since its inception. The startup intends to use this fresh capital for product development, to scale its operations, enhance India’s military capabilities, and modernize our defense systems. 

The company manufactures drone-neutralizing IAF Net drone, counter-drone systems, and other drones for armed forces. The firm claims to have an anti-drone swarm system to track, detect, and neutralize hostile drones. The market research showed that the global counter-drone market will reach 11 billion USD in the next five years. Zebu competes with other companies like EXL.

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