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

No stories mention Navin Jain yet.