Fabheads Raises $10M Series A to Scale Composite Manufacturing

Chennai-based startup Fabheads has raised $10 million in a Series A funding round led by Accel, with participation from Trifecta Capital, bringing its total funding to $13 million. Founded in 2015 by former ISRO engineers Dhinesh Kanagaraj and Abhijeet Rathore, Fabheads develops robotic automation systems for composite fiber manufacturing, which significantly reduce costs, waste, and production time compared to traditional manual methods. The new funds will be used to scale up manufacturing capacity, expand leadership and engineering teams, and establish a new facility in Bengaluru focused on serving the aerospace sector and meeting growing international demand. Fabheads' proprietary technology targets sectors including aerospace, defense, mobility, and clean energy, leveraging patented 3D printing and software innovations to manage the entire lifecycle of composite component production. The Indian composites market, valued at $1.8 billion in 2024, is expected to grow to $2.8 billion by 2030, underscoring the sector's rising momentum. Investors see Fabheads as a key player in addressing manufacturing bottlenecks and driving deeptech innovation both domestically and globally.