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Ethereal Machines

Ethereal Machines

Private
BangaloreFrontier & Industrial Techhttps://etherealmachines.com/

Last Round

Series B

Jun 11, 2026

Est. Valuation

$158M

Total Funding Raised

$78.3M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Ethereal Machines is an advanced manufacturing company that produces precision engineering components through its proprietary multi-axis Computer Numerical Control (CNC) machines and provides on-demand manufacturing services for the aerospace, healthcare, and consumer electronics industries.

Sector

Frontier & Industrial Tech

Verticals

Smart Manufacturing, Computing Hardware, Defense Tech, Semiconductors, Industrial Robotics

Business Model

B2B

Customer Profile

Services & Consulting, Hardware Sales

AI Layer

Application

Keywords

machining-as-a-serviceMaaSprecision manufacturingCNC machiningsmart factoryfactory automationmulti-axis CNCAI manufacturingindustrial AImanufacturing softwaredesign for manufacturingDFMon-demand manufacturingcustom component manufacturinglights-out manufacturing

Historical Pricing

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Caplight Momentum Score

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Ethereal Machines Comparables

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Ethereal Machines comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Hadrian
76%
Caracol AM
72%
MISUMI Group Inc.
71%

Ethereal Machines Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BJun 11, 2026
Series BApr 27, 2026
Series AJun 20, 2024
Pre SeedJul 24, 2023
Pre SeedMay 14, 2019

Key People

Founding team and executive leadership

Kaushik Mudda

Co-Founder CEO

Founding Team

Ethereal Machines Investors

Notable investors and investment history

Ethereal Machines investors
InvestorRounds
SurgePre Seed
Steadview CapitalSeries A
Avataar Venture PartnersSeries B
Peak XV PartnersSeries B, Series A
EVENTURES INDIA PRIVATE LIMITEDSeries B
FinvolvePre Seed
Blume VenturesSeries A, Pre Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 11, 2026

    $29M round led by Avataar Venture Partners.

  • Feb 28, 2025

    Attended Invest Karnataka 2025 and signed an MoU with the state government.

Ethereal Machines Filings

SEC and related filings with document metadata.

Data table
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Ethereal Machines Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBangalore
Employee Range122
Year Founded2016
Last FundingJun 11, 2026

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