Misochain Tech raises Rs 18 crore in funding led by Capital A

Aerospace deeptech company Misochain Technologies has raised Rs 18 crore in a funding round led by Capital-A, a venture fund for manufacturing and deeptech, a release said.

Misochain focuses on developing indigenous, flight-critical aircraft components for defence and global aviation platforms.

The fresh capital will be used to set up a manufacturing facility to produce critical aerospace components for the aerospace industry, accelerate product certification programmes and scale engineering and testing capabilities (MRO) for UAV manufacturers, and global aerospace customers.