SERIES A TRACKER

Tracking Pre-Series A and Series A deals that close in India every week

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Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.

Jun 24

Fabheads is a Chennai-based deep-tech venture founded in 2015, focused on automating composite manufacturing. Their proprietary Adaptive Tow Placement technology, including Asia’s first continuous-fiber 3D printer, enables automated fabrication of lightweight, high-strength carbon fiber parts. The startup serves aerospace, defense, mobility, drones, and clean-energy clients, including ISRO, Tata Group, and Motherson Group, and is building a new 100,000 sq ft manufacturing facility in Bengaluru to support rising demand. $10M Series A round led by Accel, with senior participation from Trifecta Capital, which contributed $2.3M in venture debt- bringing Fabheads’ total funding to $13M. The fresh capital will be used to expand manufacturing capacity, deepen R&D, and scale leadership and engineering teams in Bengaluru’s Aerospace Park. Dhinesh Kanagaraj, Co‑founder & CEO, an IIT‑Madras alumnus and former ISRO engineer who personally developed early 3D‑printer prototypes. Abhijeet Rathore, Co‑founder & CTO, an IIT‑Delhi alum who previously designed rocket components at ISRO.

Founders
June 24, 2025
Fundraise news
Investors
Wk 26 (23-29 Jun)

Pico Xpress is a Bengaluru-based quick-commerce logistics startup building India’s next-gen delivery backbone. They power ultra-fast e-commerce fulfillment- from 5‑minute to 120‑minute delivery windows using smart routing, automation, and real-time tracking across micro-fulfillment centers in over eight cities. Enrission India Capital led Pico Xpress’s latest Pre-Series A funding, joined by existing investors Inuka Capital and Blume Ventures. Co‑Founders Aniruddha Gangopadhyay and Kamal Syal, who drive product innovation and supply chain automation respectively, have steered the startup from its rapid setup in 2023 to a live operation serving major quick commerce brands across India.

Founders
June 19, 2025
Fundraise news
Investors
Wk 25 (16-22 Jun)

Seed deals that closed each week, every Monday morning.

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