Chennai-based deeptech startup Fabheads, founded by former ISRO engineers, has raised $10 million in Series A funding led by Accel, alongside $2.3 million in venture debt from Trifecta Capital. The funds will go toward expanding R&D, scaling operations, and constructing a new facility in Aerospace Park, Bengaluru. Fabheads’ proprietary Adaptive Tow Placement (ATP) technology enables the efficient automation of composite manufacturing, reducing waste, costs, and production times in sectors such as aerospace, drones, mobility, and clean energy.
