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Raphe - About the company

Raphe is a series B company based in Noida (India), founded in 2017 by Nitin Katiyar and Vivek Mishra. It operates as a Manufacturer of carbon fiber composite products and unmanned aerial vehicles. Raphe has raised $154M in funding from investors like Ascent Capital, General Catalyst and Pivotal Software, with a current valuation of *****. The company has 801 active competitors, including 145 funded and 59 that have exited. Its top competitors include companies like Parrot, Skydio and Garuda Aerospace.

Company Details

Manufacturer of carbon fiber composite products and unmanned aerial vehicles. It focuses on research and development, utilizing technologies for the aerospace industry. It has infrastructure for additive, subtractive, PCB A, and composite manufacturing. The company emphasizes product and process innovation through end-to-end manufacturing.
Social
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Email ID
*****@mphibr.com
Phone Number
+91 **********
Registered Address
B- 200 Sector 81, Phase II, Gautam Buddha Nagar, Noida, Uttar Pradesh, India, 201305
Key Metrics
Founded Year
2017
Location
Noida, India
Stage
Series B
Total Funding
$154M in 5 rounds
Latest Funding Round
Post Money Valuation
***** as on Jul 09, 2025
Ranked
Annual Revenue
₹268Cr as on Mar 31, 2025
Employee Count
496 as on Aug 31, 2025
Similar Companies
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Raphe's funding and investors

Raphe has raised a total funding of $154M over 5 rounds. Its first funding round was on Aug 02, 2022. Its latest funding round was a Series B round on Mar 28, 2025 for $*****. 21 investors participated in its latest round. Raphe has 19 institutional investors and 31 angel investors.

Here is the list of recent funding rounds of Raphe:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 28, 2025
7893994
Series B
4264219
7080586
7289644
2934146
Sep 06, 2024
8946977
Series B
4254639
5564926
3263895
Nov 24, 2023
6708082
Series B
6571636
2533359
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Raphe's founders and board of directors

Founder? Claim Profile
The founders of Raphe are Nitin Katiyar and Vivek Mishra. Vivek Kumar Mishra is the CEO of Raphe.
Here are the details of Raphe's key team members:

Raphe's employee count trend

Raphe has 496 employees as of Aug 25. The total employee count is 28.0% more than what it was in Aug 24. Here is Raphe's employee count trend over the years:
Employee count trend for Raphe
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Raphe's Competitors and alternates

Top competitors of Raphe include Parrot, Skydio and Garuda Aerospace. Here is the list of Top 10 competitors of Raphe, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Parrot
Parrot
1994, Paris (France), Public
Manufacturer of unmanned aerial vehicles and related software and solutions
-
75/100
2nd
Logo for Skydio
Skydio
2014, San Mateo (United States), Series E
Manufacturer of autonomous drones and related software, services, and accessories
$715M
72/100
3rd
Logo for Garuda Aerospace
Garuda Aerospace
2015, Chennai (India), Series B
Provider of drone solutions for various industries including agriculture and defense
$49.5M
72/100
4th
Logo for Quantum Systems
Quantum Systems
2015, Gilching (Germany), Series C
Developer of multi-sensor unmanned aerial systems
$618M
71/100
5th
Logo for Aurora
Aurora
1989, Manassas (United States), Acquired
Developer of advanced aircraft and enabling technologies for government and commercial sectors
$6.85M
70/100
6th
Logo for Vantage Robotics
Vantage Robotics
2013, San Francisco (United States), Series B
Creates unmanned aircraft systems
$8.94M
69/100
7th
Logo for Shield AI
Shield AI
2015, San Diego (United States), Series F
Developer of AI-powered platforms and software for defense applications
$1.17B
68/100
8th
Logo for Raphe
Raphe
2017, Noida (India), Series B
Manufacturer of carbon fiber composite products and unmanned aerial vehicles
$154M
68/100
9th
Logo for ideaForge
ideaForge
2007, Navi Mumbai (India), Public
Developer of unmanned aerial vehicles
$53.8M
66/100
10th
Logo for BonV Aero
BonV Aero
2021, Bhubaneswar (India), Seed
Manufacturer of unmanned aerial vehicles for logistics, disaster response, and defence
$6.43M
66/100
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Raphe's Latest cap tables and shareholding

Founders (largest shareholder) own 48.44%, Funds own 15.25%, Enterprises own 1.79% and Angels own 34.41%. The net worth of Raphe's founders is INR 3,650Cr as of Jul 09, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
48.44%
3,650Cr
1086044
4339605
9402170
3722830
7317569
7053084
7664102
2445060
9272036
8303300
6893008
1415920
9725810
5746435
4463318
1833596
Fund
15.25%
1,150Cr
2826727
2188617
9386018
2574863
95
41
68
90
19
36
123929
682499
491070
700946
530599
564722
64386
13836
61684
16150
87313
93027
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
1.79%
135Cr
6
1
8
5
Angel
34.41%
2,600Cr
1804995
4420515
4080256
6506269
6813032
4169154
9084906
5678886
3194098
9514605
1
6
5
6
5
8
0
0
0
0
0
0
Other People
0.10%
7.84Cr
0
0
0
0
Total
100.00%
7,540Cr
6415098
9403394
1025781
3949112
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Raphe's Shareholding

Raphe's Investments and acquisitions

Raphe has made no investments or acquisitions yet.

Reports related to Raphe

Here is the latest report on Raphe's sector:

News related to Raphe

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Media has covered Raphe for a total of 15 events in the last 1 year, 8 of them have been about company updates.
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