Founder · Ethereal Machines

Navin Jain

Co-founder of Ethereal Machines, an advanced manufacturing company based in Bengaluru.

Co-founderBengaluruAdvanced Manufacturing
Founded
2014
Bengaluru, Karnataka, India
Raised to date
$28.5M
1 round on record
Latest round
Series B
$28.5M · Jun 2026

About

Navin Jain is Co-founder of Ethereal Machines, an advanced manufacturing company based in Bengaluru, founded in 2014. Ethereal Machines's most recent disclosed round was a Series B of $28.5M in Jun 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2014
Ethereal Machines
Advanced Manufacturing · Bengaluru

Ethereal Machines is an Indian precision manufacturing company building five-axis CNC machines. Its Halo machine was developed for complex multi-axis machining, and the company supplies aerospace, defence, medical device and automotive manufacturers.

Funding
Jun 2026Series B$28.5MAvataar Ventures (lead), Peak XV Partners, Novellus Systems
Company profile →1 round on record

Journey with Ethereal Machines

2 milestones
  1. May 2026Milestone

    Partners with Deepinder Goyal's Temple, alongside Zetwerk, for its manufacturing scale-up. Read the story →

  2. Jun 2026Milestone

    Plans a 300,000 sq ft mega-factory near Bengaluru and India's first homegrown multi-axis CNC controller; ~70% of revenue already international. Read the story →

Also building Ethereal Machines

Coverage

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Quick answers

Who is Navin Jain?

Navin Jain is a Co-founder of Ethereal Machines, an advanced manufacturing company based in Bengaluru, founded in 2014.

Who founded Ethereal Machines?

Ethereal Machines's founders and leadership on record at StartupFox are Kaushik Mudda and Navin Jain.

How much funding has Ethereal Machines raised?

Ethereal Machines has raised $28.5M across 1 disclosed round on record. The latest was a Series B of $28.5M in Jun 2026, with Avataar Ventures (lead), Peak XV Partners, Novellus Systems.

Where is Ethereal Machines based?

Ethereal Machines is headquartered in Bengaluru, Karnataka, India.

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Sources & updates

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