Ethereal Machines: Capital Raising
Deeptech manufacturing startup Ethereal Machines raised $28 million in Series B round led by Avataar Ventures. Total funding raised is ~$50 million to date.
Source: Inc42 (India/SEA)
The leadership read
Manufacturing Operations leaders, AI/Software Engineering leads for Vesper platform, Electronics/Firmware Engineers for multi-axis CNC controller, Supply Chain managers for factory scaling, Sales leadership for industrial manufacturing customers, Factory Operations Director for 3 Lakh sq ft facility
Market context: the MitchelLake Talent Market Index reads 108.5 — Hot (+10.8 vs prior month); Asia signal share is easing (-2.1pts).
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