Defence tech startup Tonbo Imaging on Thursday said it has secured Rs 175 crore in its Series D pre-IPO funding round from Florintree Advisors, Tenacity Ventures and the Export-Import Bank of India. The fresh investment will accelerate the development of next-generation infrared sensors, commercial deployment of high-power microwave technologies to counter modern battlefield threats and working capital support for global expansion ongoing programmes, the company said.
The successful completion of series D funding comes as the company prepares to file for its IPO, it said.
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