When was Aether Biomedical founded?

Aether Biomedical was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Aether Biomedical located?

Aether Biomedical is headquartered in Poznan, Poland. It is registered at SHOP A-2, FIRST FLOOR BASISHT COMPLEX, KHANPUR, DELHI, Delhi, India, 110062.

Who is the current CEO of Aether Biomedical?

Dhruv Agrawal of Aether Biomedical. They are also an angel investors in 1 startup.

Which legal entities is Aether Biomedical associated with?

Aether Biomedical is associated with AETHER BIOMEDICAL PRIVATE LIMITED and 2 others.

How many employees does Aether Biomedical have?

As of Apr 30, 2026, the latest employee count at Aether Biomedical is 74.

Is Aether Biomedical a funded company?

Aether Biomedical is a funded company, having raised a total of $10.3M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 07, 2018.

How much is Aether Biomedical worth?

The latest valuation of Aether Biomedical is $***** as of Oct 20, 2018. This marks a decline of 6% from its peak valuation of $324K in May, 2018. This marks a decline of 6% from its peak valuation of $324K in May, 2018.

When was the latest funding round of Aether Biomedical?

Aether Biomedical's latest funding was a $***** Series A round on Nov 13, 2023, with participation from 3 investors.

What is the annual revenue of Aether Biomedical?

Annual revenue of Aether Biomedical is less than ₹10 Cr as on Mar 31, 2022

Where does Aether Biomedical rank among its competitors?

Aether Biomedical ranks 6th amongst 219 active competitors, of which 45 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Axiles Bionics, which secured $6.91M in Jun, 2025.

Who are the top competitors of Aether Biomedical?

Aether Biomedical's top competitors include CIONIC, Proteor and BionicM. Among them, Axiles Bionics secured the most recent funding round in June, 2025.

Aether Biomedical - 2026 Company Profile, Team, Funding, Competitors & Financials

Aether Biomedical is a series A company based in Poznan (Poland), founded in 2016 by Dhruv Agrawal, Nisha Dagar and Faith Jiwakhan. It operates as a Developer of a bionic limb for performing multiple tasks. Aether Biomedical has raised $10.3M in funding from investors like Story Ventures, Chiratae Ventures and J2 Ventures, with a current valuation of $*****. The company has 219 active competitors, including 45 funded and 10 that have exited. Its top competitors include companies like CIONIC, Proteor and BionicM.

Company Details

Developer of a bionic limb for performing multiple tasks. The company has developed the bionic arm Zeus, a silicone glove with 12 grip modes where the fingers are stalled individually that enables the patient to grasp and lift objects. The movements are based on the presence of EMG electrodes that provide wireless gain adjustment through signal processing.

Website: www.aetherbiomedical.com/
Social
Email ID: *****@aetherbiomedical.com
Registered Address: SHOP A-2, FIRST FLOOR BASISHT COMPLEX, KHANPUR, DELHI, Delhi, India, 110062

Key Metrics

Founded Year

2016

Location

Poznan, Poland

Stage

Series A

Total Funding

$10.3M in 6 rounds

Latest Funding Round

Series A, Nov 13, 2023, $*****

Post Money Valuation

$***** as on Oct 20, 2018

Investors

Story Ventures & 21 more

Ranked

6^th among 219 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2022

Employee Count

74 as on Apr 30, 2026

Similar Companies

CIONIC & 142 more

View Aether Biomedical's full profile

Aether Biomedical is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AETHER BIOMEDICAL PRIVATE LIMITED CIN: U33309DL2017PTC320799 , India, Active	Jul 18, 2017	$0 - $1M (As on Mar 31, 2022)	-
AETHER PROSTHETICS PRIVATE LIMITED CIN: U52609DL2020FTC372248 , India, Active	Oct 27, 2020	$0 - $1M (As on Mar 31, 2025)	-
AETHER US INCORPORATED CIN: 874288665 , United States, Active		-	5 (As on Dec 31, 2024)	-

Aether Biomedical has raised a total funding of $10.3M over 6 rounds. Its first funding round was on May 07, 2018. Its latest funding round was a Series A round on Nov 13, 2023 for $*****. 3 investors participated in its latest round. Aether Biomedical has 12 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Aether Biomedical:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 13, 2023	6897103	Series A	8512039	3564378	2103555	1069223
Aug 11, 2021	1434617	Series A	9373368	2984604	4429034	Chiratae Ventures & 4 more
Jun 23, 2020	4374543	Seed	2465186	4261076	Chiratae Ventures	Sunfish Partners & 1 more

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View details of Aether Biomedical's funding rounds and investors

The founders of Aether Biomedical are Dhruv Agrawal, Nisha Dagar and Faith Jiwakhan.

Here are the details of Aether Biomedical's key team members:

Dhruv Agrawal: Co-Founder & CEO of Aether Biomedical and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address and 1 phone number
Nisha Dagar: Former Co-Founder of Aether Biomedical and founder of 1 other company.
Faith Jiwakhan: Former Co-Founder of Aether Biomedical and founder of 1 other company.

View details of Aether Biomedical's Founder profiles and Board Members

Aether Biomedical's employee count trend

Aether Biomedical has 74 employees as of Apr 26. Here is Aether Biomedical's employee count trend over the years:

Employee count trend for Aether Biomedical

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Top competitors of Aether Biomedical include CIONIC, Proteor and BionicM. Here is the list of Top 10 competitors of Aether Biomedical, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CIONIC 2018, Scotts Valley (United States), Series A	Provider of bionic clothing for mobility impairment	$32.3M	BlueRun Ventures, L Catterton & 6 others	60/100
2nd	Proteor 1913, Dijon (France), Funding Raised	Developer of prostheses and orthoses devices for orthopedic supports	-	Ardian, BNP Paribas Developpement & 1 others	59/100
3rd	BionicM 2016, Tokyo (Japan), Series A	Developer of prosthetic to assist knee and ankle movements	$11M	Chibagin Capital, UTEC & 7 others	58/100
4th	Kinova 2006, Boisbriand (Canada), Series B	Developer of robotic arms for personal assistance and research purposes	$57M	Graham Partners, Fonds Manufacturier Quebecois ... & 6 others	57/100
5th	Epica International 2014, San Clemente (United States), Series B	Provider of robotic CT platforms for healthcare and industrial applications	$25.7M	SWK Holdings, Partners For Growth & 2 others	56/100
6th	Aether Biomedical 2016, Poznan (Poland), Series A	Developer of a bionic limb for performing multiple tasks	$10.3M	Story Ventures, Chiratae Ventures & 20 others	51/100
7th	Axiles Bionics 2018, Brussels (Belgium), Series A	Provider of ankle-foot prosthesis for specially abled people	$6.91M	PE Group, European Innovation Council & 2 others	51/100
8th	Össur 1971, Reykjavik (Iceland), Public	Developer of orthopedic bracing and support products	-	William Demant Invest, Paros Capital & 1 others	49/100
9th	Blatchford 1890, Basingstoke (United Kingdom), Acquired	Provider of lower limb prosthetics for amputees and their caregivers	-	CBPE, Europa	49/100
10th	Open Bionics 2014, Bristol (United Kingdom), Series A	Manufactures robotic prosthetic hand	$6.98M	Foresight Williams, TLT & 19 others	48/100

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Founders own 36.00%, Enterprises own 1.24%, Angels own 8.75% and Other People (largest shareholder) own 54.00%. The net worth of Aether Biomedical's founders is INR 80L as of Jul 12, 2018.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	36.00%	80L	7941227	1941825	7110133	3170094
Dhruv Agrawal	6172371	6358592	1885918	1033436	6943203	8499641
Enterprise	1.24%	2.76L	2	7	6	6
Angel	8.75%	19.5L	5267002	1008453	7177903	3736793
Other People	54.00%	1.2Cr	6386750	8223442	4131955	9746655
Total	99.99%	2.22Cr	5660773	2927912	3559721	6719307