Ethereal Machines raised $28.5 million in a Series B round led by Avataar Ventures.
- Amount
- $28.5M
- Stage
- Series B
- Announced
- 11 June 2026
- Lead
- Avataar Ventures
- Other investors
- Peak XV Partners
- Use of funds
- Expand manufacturing capacity, develop India's first multi-axis CNC controller, strengthen software, and expand into US and Europe.
- Checked
- Amount and date matched across 3 press sources