Pre-Series A
DheyaTech
Aerospace & Defense • Propulsion and Energy Systems
Amount Raised
$4.5M
~ ₹43 Cr
Round & Type
Pre-Series A
Equity
Funding Date
Sep 17, 2026
Q3 2026
Lead Investor
Avaana Capital
info
Company Overview & Solution
DheyaTech (Dheya Engineering Technologies) is an Indian deep-tech startup building indigenous small and micro gas turbine engines and hydrogen-based clean-energy systems to reduce India's reliance on imported propulsion technology.
inventory_2
Product & Solution
Micro gas turbine engines spanning 20 kgf to 400 kgf of thrust, adaptive Engine Control Units (ECU), hydrogen compressors, blower systems, and hydrogen-based turbogenerators.
target
Target Market & ICP
Aerospace OEMs, defense systems integrators, advanced aerial mobility, unmanned aerial vehicles (UAVs), and distributed power generation sectors.
paid
Deal Terms & Syndicate Intelligence
Funding Round
Pre-Series A
Funding Type
Equity
Amount Raised (USD)
$4.5M
Amount (INR / Original)
₹43 Cr
Date of Funding
Sep 17, 2026
Lead Investor
Avaana Capital
Syndicate / All Backers
Avaana Capital, Unimech Aerospace and Manufacturing
Investor Structure
2 Investor(s) • Venture Capital, Corporate/Strategic
Use of Funds
Scale production capabilities, establish a fully integrated testing facility for gas turbine engines, and work with domestic and global customers to accelerate deployment timelines.
business
Company Profile & Footprint
Industry
Aerospace & Defense
Sub-Industry
Propulsion and Energy Systems
Business Model
B2B hardware manufacturing, co-development, and direct sales to aerospace primes and defense integrators.
Year Founded
2018
Team Size at Funding
22
Headquarters
Bengaluru, Karnataka, India
groups
Leadership & Executive Intelligence
verified
Verified Primary Sources & Coverage