Raphe mPhibr Secures $100M to Boost Drone Manufacturing in India

• Raphe mPhibr raised $100M in India’s largest drone funding.
• Developed drone swarm, military-grade autopilot tech.
• Boosts India’s self-reliance in defence innovation.

Indian drone startup Raphe mPhibr announced a funding round of $100 million on Thursday, the largest amount raised through private investment in the Indian private drone market thus far. The round was led by General Catalyst, with continued participation from existing investors that included Amal Parikh, Think Investments alongside several prominent high-net-worth family offices. With this round, Raphe mPhibr's total capital raised has exceeded $145 million.

Neeraj Arora, Managing Director at General Catalyst said, "General Catalyst commended the team for their mission-driven approach, expansive vision, and technical expertise. It acknowledged that Raphe mPhibr's products have already created measurable impact and have led to a transformational change in India’s drone capabilities".

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The company is proud to join forces with Raphe mPhibr on their transformative journey to redefine engineering-led manufacturing across a spectrum of critical applications.

Their advancements were specifically noted as providing significant contributions towards India's strategic self-reliance, supportive of their Global Resilience thesis of safe, secure, sovereign, and sustainable solutions.

Founded in 2016, Raphe mPhibr has made impressive strides including in excess of 1,000,000 flight kilometres. The company has been credited with performing the world's first operational drone swarm, creating India's first indigenous military capability autopilot and novel lightweight internal combustion engine. These achievements have solidified its position as a dominant player advancing India's defence.