Tiea Connectors, a technology-driven manufacturer of interconnect and contact solutions, has raised Rs 77 crore in a Series A funding round led by IvyCap Ventures.
The round also saw participation from Jamwant Ventures and 8X Ventures, along with a group of select high-net-worth angel investors.
The fresh capital will be used to expand Tiea Connectors' manufacturing infrastructure, enhance its R&D and product engineering capabilities, accelerate automation and technology integration, and scale operations across high-growth sectors such as electric mobility, aerospace, defence, avionics, and emerging technology applications in India and abroad.
"As industries increasingly transition towards electrification, intelligent systems, and high-reliability applications, we believe Tiea is well-positioned to emerge as a globally competitive interconnection technology company from India," said Tiea Connectors co-founder Ajith Sasidharan.
Founded in 2020, Tiea Connectors is an electronics system design & manufacturing startup that specialises in design, development, and manufacturing of high-performance connectors, contacts, high-precision components, and integrated connectivity solutions engineered for a wide variety of applications.
This startup is also an original design manufacturer for several technology-focused OEMs and manufacturers for their connectors and contacts.
"Tiea Connectors has built strong technological and engineering capabilities in a highly specialised segment of the manufacturing ecosystem. The company's focus on innovation, precision engineering, product customisation, and scalable manufacturing positions it strongly within the rapidly evolving defence, aerospace, and electric mobility sectors," IvyCap Ventures Founder & Managing Partner Vikram Gupta said.
The core strength of Tiea lies in its engineering and innovation capabilities spanning product architecture, rapid prototyping, tooling development, material engineering, miniaturisation, precision manufacturing, and customized application-specific interconnect solutions.
Tiea Connectors also has a manufacturing facility in Dharwad, Karnataka with in-house capabilities across tooling, stamping, molding, assembly and testing.
This hardware-focused startup believes that with increasing global focus on electrification, intelligent mobility, aerospace-grade reliability, and supply chain diversification, the demand for high-performance interconnection systems is witnessing rapid growth.
Edited by Megha Reddy