ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/composite-manufacturing-technology” target=”_blank”>Composite manufacturing technology startup Fabheads has raised $10 million in a mix of debt and equity, led by rel=”dofollow” href=”https://economictimes.indiatimes.com/accel-ltd/stocks/companyid-8903.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Accel.
Of this, $2.3 million (Rs 20 crore) was raised from venture debt firm Trifecta Capital. The latest funding round brings the total funding raised by the Chennai-based startup to $13 million.
In an interaction with ET, Fabheads cofounder ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/dhinesh-kanagaraj” target=”_blank”>Dhinesh Kanagaraj said that the funds will be used to scale the firm’s manufacturing capacity, expand the leadership team, and strengthen its client-facing engineering as well as R&D divisions.
“The…
