Business News

CoreEL Technologies Raises USD 30 Million in Series B Funding to Accelerate Growth Plans

CoreEL Technologies Raises USD 30 Million in Series B Funding to Accelerate Growth Plans

Dec 24, 2025

Bengaluru (Karnataka) [India], December 24: CoreEL Technologies India Private Limited (CoreEL), a leading provider of advanced electronic system and sub-system-level products and solutions for the Aerospace and Defence sector, has raised USD 30 million in Series B funding. The Series B round had a majority inflow from ValueQuest Scale Fund and was strongly supported by 360 One Asset. 360 ONE Asset, an early institutional backer of CoreEL, having led the company's Series A round, has further increased its stake by participating in the Series B round, underscoring its conviction in CoreEL's scale, execution maturity and long-term growth trajectory.

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