Ethereal Machines, an advanced manufacturing startup, raised $13m in Series A funding for R&D, capacity expansion, and strengthening India's precision manufacturing leadership.
Advanced manufacturing startup Ethereal Machines raised $13m in Series A funding led by Peak XV Partners and Steadview Capital. The funds will be used to enhance R&D initiatives, expand production capacity, and strengthen India's global leadership in precision manufacturing. The startup specializes in building proprietary multi-axis CNC machines in India for industries like aerospace, healthcare, and consumer electronics.
June 13, 2024
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