Your Startup News Platform - Stay Updated with the Latest!
Startupory
Subscribe
Startup Funding

Ethereal Machines Raises ₹272 Crore Series B to Scale 5-Axis Precision Manufacturing

By , Funding & Deals Editor4 min read
Share:
Ethereal Machines 5-axis CNC precision manufacturing machine with sparks

Bengaluru deeptech startup Ethereal Machines has raised ₹272 crore (~$28.5M) in Series B funding to scale its 5-axis CNC and hybrid manufacturing platform for aerospace, defence, and medical customers.

Key Facts

Key facts: Ethereal Machines Raises ₹272 Crore Series B to Scale 5-Axis Precision Manufacturing
DetailValue
Deal size₹272
StageSeries B
HeadquartersBengaluru, India
SectorEthereal Machines
CoverageStartup Funding

Bengaluru-based deeptech startup Ethereal Machines has raised ₹272 crore (~$28.5 million) in a Series B round, becoming one of 2026's most well-funded Indian precision-manufacturing startups.


Round Details


  • Round size: ₹272 crore Series B
  • Use of funds: R&D, factory capacity expansion, defence and aerospace customer wins, international sales
  • Sector: Deeptech / advanced manufacturing

  • What Ethereal Machines Does


    Ethereal builds 5-axis CNC machines and hybrid additive-subtractive manufacturing platforms used to produce complex, high-tolerance parts. Customers include aerospace primes, EV component makers, and medical device OEMs.


  • Flagship product: Halo — a multitasking 5-axis machine
  • Manufacturing facility: Bengaluru, with planned expansion
  • Customer base: Indian and international defence, aerospace, and medical clients

  • Why It Matters


  • India's defence and aerospace indigenisation push is creating large domestic demand for precision components.
  • Ethereal is one of the very few Indian companies building 5-axis CNC platforms domestically — a category historically dominated by German, Japanese, and Swiss machine tool makers.
  • The round signals growing investor appetite for "hard-tech" beyond software SaaS.

  • What's Next


    Ethereal plans to triple production capacity, launch a next-generation hybrid machine, and pursue first international sales in Southeast Asia and the Middle East.

    ethereal machinesdeeptechmanufacturingseries baerospacedefence

    Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.

    Share:

    Enjoyed this article?

    Get weekly startup insights delivered to your inbox.