Chennai-based deeptech startup Fabheads, which manufactures carbon fiber parts on Wednesday announced that it has raised Rs 8 crore in a pre-Series A round from Inflection Point Ventures. Existing investors Keiretsu (Chennai chapter) and Vijay Kedia, MD, Kedia Securities also participated in the round.
The funds raised will be utilised in strengthening R&D team, build global sales and distribution and setting up infrastructure to support growth.
