Fabheads, a Chennai-based composite manufacturing technology startup, has raised $10 million in a Series A funding round led by Accel, with participation from Trifecta Capital.
The fresh funds raised will be used to scale up its manufacturing capacity, expand its leadership team, and strengthen its client-facing engineering and R&D divisions.
The company plans to establish a new manufacturing facility in Bengaluru. This facility will target the aerospace sector and cater to growing international demand. It is expected to be operational within the next six months.
This round brings the total funding raised to $13 million following its seed and pre-seed rounds of $3 million raised in 2021.
Founded in 2015 by ISRO engineers Dhinesh Kanagaraj and Abhijeet Rathore, Fabheads has developed patent-granted custom automated manufacturing solutions that combine traditional craftsmanship with cutting-edge automation technology.
Fabheads automates critical processes such as fibre placement and layering with robotic precision, enabling manufacturers to reduce costs by up to 50% and lower rejection rates by up to 20%.
Its proprietary automated manufacturing system also cuts material wastage by 20% and accelerates production cycles by up to 30%, which overcomes traditional manual methods.
Dhinesh Kanagaraj, Co-founder and CEO at Fabheads, said, “This funding enables us to take a major step towards making composites accessible for aerospace, mobility, clean energy, and more. As the only company from India with this specialized technology, we are uniquely positioned to lead innovation in the composite manufacturing space both domestically and globally.”
He added, “Having experienced the limitations of manual composite manufacturing firsthand during our time at ISRO, we knew an innovative disruption was necessary — not incremental. Here we are not just automating a process; we are redefining how high-performance parts using advanced materials like composites can be made faster, better, and more affordably.”
Prayank Swaroop, Partner at Accel, said, “As composites become increasingly vital across aerospace, defense, mobility, and renewable energy, Fabheads is addressing the core manufacturing bottlenecks that have long hindered widespread adoption. We’re excited to back their journey of building world-class deeptech from India for the world.”
