Ethereal Machines Secures $7.3M Funding to Expand Production Facilities

  • Advanced manufacturing player, Ethereal Machines, reportedly raises $7.3M from Peak XV’s Surge, Blume Ventures, and others.
  • The start-up plans to use the fresh funds to build factories across India for manufacturing precision engineering components.
  • Founded in 2014, Ethereal Machines’ manufacturing solutions allegedly reduce customers’ costs by 30% and production lead times by 40%.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications