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Advanced manufacturing startup Ethereal Machines has signed a Memorandum of Understanding (MoU) with the Government of Karnataka at Invest Karnataka 2025 to set up a three-lakh-square-foot smart factory in Bengaluru.
The facility aims to boost precision manufacturing, engineering, and R&D, helping India and Karnataka grow industrially and improve global competitiveness. It will use Ethereal Machines’ technology and multi-axis CNC machines to make precision parts for industries like aerospace, healthcare, and consumer electronics.
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Ethereal Machines is one of the few global companies specializing in five-axis CNC machining, which improves accuracy and efficiency.
With Karnataka and India aiming to become leaders in manufacturing, this facility supports efforts to enhance the country’s industrial strength, with Ethereal Machines contributing to the region's advanced manufacturing development.
About Ethereal Machines
Founded in 2014 by Kaushik Mudda and Navin Jain, Ethereal Machines is an advanced manufacturing company based in Bengaluru, India. They specialize in designing and building multi-axis CNC machines to make precision parts for industries like aerospace, healthcare and consumer electronics.
Initially, they sold their CNC machines, but after facing market skepticism, they switched to a "machining-as-a-service" model. Now, they use their own five-axis CNC machines to produce parts for clients globally, cutting production times by 25-40% and reducing costs by 10-30%.
In 2024, Ethereal Machines raised $13 million in a Series A funding round led by Peak XV Partners and Steadview Capital.
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