
Ethereal Machines Raises $28.5M to Build India's First Indigenous CNC Controller
For five years, Ethereal Machines built world-class five-axis CNC machines that matched German and Japanese precision at half the price. No one bought them. The skepticism ran so deep that customers would watch the machine work perfectly and still refuse to believe an Indian company could have built it. So Ethereal pivoted—from selling machines to selling precision components. Today, with $28.5 million in fresh funding and exports accounting for 70% of revenue, that pivot has become a blueprint for India's deep-tech manufacturing future.








