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  1. Deeptech startup Ethereal Machines raises US$13M for R&D, smart factory in Bengaluru

    Deeptech startup Ethereal Machines raises US$13M for R&D, smart factory in Bengaluru

    New Delhi, Deeptech startup Ethereal Machines on Thursday said it has raised US$13 million (about Rs 108.6 crore) in a funding round led by Peak XV Partners and Steadview Capital.The company also plans to invest capital for R&D and set up its facility in Bengaluru.The Series A funding round...
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    • 108.6 company deeptech ethereal facility first funding machines million multi-axis raised round startup thursday us$13
    • Category: Business & Economy
  2. Advanced manufacturing startup Ethereal Machines raises $13 million

    Advanced manufacturing startup Ethereal Machines raises $13 million

    The round also saw participation from existing investors Bloom Ventures, Enam Investments and Sandeep Singhal.Kaushik Mudda, co-founder of Ethereal Machines, said in a statement, “This fundraising will allow us to enhance our R&D initiatives and expand our production capacity, positioning...
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    • bloom ethereal existing global growth india investors machines manufacturing participation precision production round startup strengthen
    • Category: Business & Economy
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