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Paras Defence and Space Technologies The defense engineering company has signed a strategic Memorandum of Understanding (MoU) with Israel-based MicroCon Vision (part of Controp and the Rafael Group). This collaboration will position Paras Defence as the exclusive supplier of
Florintree leads Rs 175 cr funding in defence tech startup Tonbo https://t.co/rKEJfC8gVY
Another defence IPO to come soon. Tonbo Imaging has successfully closed its Series D pre-IPO funding round, securing ₹175 crore from Florintree Advisors, Tenacity Ventures and the Export-Import Bank of India. https://t.co/cmpoPTDXac
Tonbo Imaging, a Bengaluru-based leader in strategic defense technologies, has successfully raised ₹175 crore in a Series D pre-IPO funding round. The investment, led by Florintree Advisors, Tenacity Ventures, and the Export-Import Bank of India, will be allocated towards advancing the company's infrared sensor development and directed energy weapon platforms. This funding marks a significant step for Tonbo Imaging as it prepares for its upcoming IPO, reflecting growing investor interest in the defense technology sector.
