<ul data-eligibleForWebStory="true"><li>Chennai-based Fabheads Automation secures $10 Mn in Series A round led by Accel with participation from Trifecta Capital.</li><li>The funding will be used to increase manufacturing capacity, expand leadership, and enhance engineering and R&D.</li><li>Fabheads plans to open a larger manufacturing facility in Bengaluru focusing on the aerospace sector to meet international demand.</li><li>Founded in 2015, Fabheads provides services for carbon fiber and composite components across industries.</li><li>The startup's patented 3D printing technology and software are key components of its tech stack.</li><li>Fabheads has secured $13 Mn in total funding and has patents across Asia and Europe.</li><li>Investors include Keiretsu Chennai, Inflection Point Ventures, O2 Angels, and Vijay Kedia.</li><li>Fabheads received investment interest at MeitY Investor Connect Programme.</li><li>The deeptech sector is expected to grow significantly, attracting investors despite high capital requirements.</li><li>Probus Smart Things and Proxgy are examples of deeptech startups that recently secured funding.</li></ul>

Fabheads Bags $10 Mn To Manufacture Composite Materials

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