Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, others
Published on: June 11, 2026, 6 a.m. | Source: The Economic Times
Deeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facility near Bengaluru. The company will also develop India's first indigenous CNC controller. Expansion of its AI-driven software platform is also planned. New teams will be established in the US and Europe.
