Indian drone startup Raphe mPhibr on Thursday announced that it has raised $100 million in a round led by General Catalyst, with participation from existing investors, including Amal Parikh, Think Investments, and other prominent high-net-worth family offices. This is the largest round of private funding raised by an Indian company in this industry to date and takes Raphe mPhibr’s total capital raised to $145 million.
“We are proud to join forces with Raphe mPhibr on their transformative journey to redefine engineering-led manufacturing across a spectrum of critical applications,” said Neeraj Arora, Managing Director at General Catalyst.
“What sets this team apart is their unwavering, mission- driven ethos, coupled with an expansive vision and formidable technological depth. The products emerging from Raphe mPhibr are already making a tangible impact on the ground, signalling what we believe will be a monumental shift. Their work is not only accelerating India’s path to strategic self-reliance but also embodies the essence of our Global Resilience thesis at General Catalyst—building for a future that is secure, sovereign, and sustainable.”
Raphe mPhibr was conceptualised in 2016 and the company has logged over 1 million kilometres of flight, delivered the world’s first operational drone swarm, and developed India’s first indigenous state-of-the-art military grade autopilot, and lightweight internal combustion engine.
“We are proud to join forces with Raphe mPhibr on their transformative journey to redefine engineering-led manufacturing across a spectrum of critical applications,” said Neeraj Arora, Managing Director at General Catalyst.
“What sets this team apart is their unwavering, mission- driven ethos, coupled with an expansive vision and formidable technological depth. The products emerging from Raphe mPhibr are already making a tangible impact on the ground, signalling what we believe will be a monumental shift. Their work is not only accelerating India’s path to strategic self-reliance but also embodies the essence of our Global Resilience thesis at General Catalyst—building for a future that is secure, sovereign, and sustainable.”
Raphe mPhibr was conceptualised in 2016 and the company has logged over 1 million kilometres of flight, delivered the world’s first operational drone swarm, and developed India’s first indigenous state-of-the-art military grade autopilot, and lightweight internal combustion engine.
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