Raphe mPhibr, an aircraft manufacturing company, has raised $100 million in a funding round led by General Catalyst. The round also saw participation from existing investors, including Amal Parikh, Think Investments and other prominent high-net-worth family offices.
This round brings the Raphe mPhibr’s total capital raised to $145 million.
Founded in 2016 by Vivek Mishra and Vikash Mishra, Raphe mPhibr is an aerospace startup that designs and manufactures comprehensive & customised UAV (Unmanned Aerial Vehicle) solutions.
Raphe products range from lightweight agile surveillance drones to high-endurance heavy-lift logistics drones. Some of the products are mR10, an operational drone swarm; mR20, a high-altitude logistics platform for resupply in remote forward areas; Bharat, a lightweight man-carried drone for rapid surveillance in complex terrain; and X8, a compact platform for maritime patrol and situational awareness at sea.
The company said that several of these systems are already being used by Indian defence forces.
Raphe mPhibr was among the 12 drone manufacturers shortlisted by the central government in 2022 for the production-linked incentive scheme for drones and drone components.
Neeraj Arora, Managing Director at General Catalyst, said, “We are proud to join forces with Raphe mPhibr on their transformative journey to redefine engineering-led manufacturing across a spectrum of critical applications. What sets this team apart is their unwavering, mission-driven ethos, coupled with an expansive vision and formidable technological depth. The products emerging from Raphe mPhibr are already making a tangible impact on the ground, signalling what we believe will be a monumental shift. Their work is not only accelerating India’s path to strategic self-reliance but also embodies the essence of our Global Resilience thesis at General Catalyst—building for a future that is secure, sovereign, and sustainable.”
Shashin Shah, Managing Partner, Think Investments, said, “Raphe mPhibr is uniquely positioned to develop cutting-edge aircraft and UAVs given their robust, end-to-end design, engineering, and manufacturing capabilities. We are excited to deepen our partnership with the Raphe mPhibr team, and this investment underscores our conviction that it will emerge as one of the foremost aerospace companies in India.”
