When was EtherealX founded?

EtherealX was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is EtherealX located?

EtherealX is headquartered in Bengaluru, India. It is registered at EtherealX, 1st Floor, UrbanVault Citrine, Sy no 43/4, Hebbal Village, Kasba Hobli, Bellary Road, Kodigehalli, Bangalore, Bangalore North, Karnataka, India, 560092.

Who is the current CEO of EtherealX?

Manu J Nair of EtherealX. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is EtherealX associated with?

EtherealX is associated with ETHEREAL EXPLORATION GUILD PRIVATE LIMITED.

How many employees does EtherealX have?

As of Jul 31, 2025, EtherealX has 26 employees, reflecting a 14% year-over-year growth in headcount.

Is EtherealX a funded company?

EtherealX is a funded company, having raised a total of $26.3M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 23, 2023.

How much is EtherealX worth?

The latest valuation of EtherealX is $***** as of Jan 06, 2026.

When was the latest funding round of EtherealX?

EtherealX's latest funding was a $***** Series A round on Dec 21, 2025, with participation from 8 investors. Its primary sector is Space Tech. In India, the Space Tech sector has seen $48.7M in funding in 2026 to date.

What is the annual revenue of EtherealX?

Annual revenue of EtherealX is ₹1.1Cr as on Mar 31, 2025.

Where does EtherealX rank among its competitors?

EtherealX ranks 4th amongst 6 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was SpaceX, which secured an undisclosed amount in Mar, 2026.

Who are the top competitors of EtherealX?

EtherealX's top competitors include SpaceX, Rocket Lab and Blue Origin. Among them, SpaceX secured the most recent funding round in March, 2026.

EtherealX - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of reusable medium-lift launch vehicles and related propulsion systems. The company focuses on vertical landing launch vehicle technology and engine development. It designs liquid rocket engines and propulsion systems for space transportation. The company's engines utilize RP1/LOX propellant and a closed gas generator feed cycle.

Website: www.etherealx.space/
Social
Email ID: *****@etherealx.space
Registered Address: EtherealX, 1st Floor, UrbanVault Citrine, Sy no 43/4, Hebbal Village, Kasba Hobli, Bellary Road, Kodigehalli, Bangalore, Bangalore North, Karnataka, India, 560092

Key Metrics

Founded Year

2022

Location

Bengaluru, India

Stage

Series A

Total Funding

$26.3M in 4 rounds

Latest Funding Round

Series A, Dec 21, 2025, $*****

Post Money Valuation

$***** as on Jan 06, 2026

Investors

YourNest & 24 more

Ranked

4^th among 6 active competitors

Annual Revenue

₹1.1Cr as on Mar 31, 2025

Employee Count

26 as on Jul 31, 2025

Similar Companies

SpaceX & 6 more

View EtherealX's full profile

EtherealX is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ETHEREAL EXPLORATION GUILD PRIVATE LIMITED CIN: U35300KA2022PTC161867 , India, Active	May 30, 2022	$130K (As on Mar 31, 2025)	26 (As on Aug 01, 2025)

EtherealX has raised a total funding of $26.3M over 4 rounds. Its first funding round was on Jun 23, 2023. Its latest funding round was a Series A round on Dec 21, 2025 for $*****. 8 investors participated in its latest round. EtherealX has 16 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of EtherealX:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 21, 2025	8220585	Series A	9462131	9504024	9303640	4649488
May 19, 2025	3981445	Seed	7084887	8160898	8365896	Seraphim
Jun 24, 2024	1840486	Seed	4120917	2488468	YourNest	BIG Global Investments JSC & 10 more

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View details of EtherealX's funding rounds and investors

The founders of EtherealX are Manu J Nair and Shubhayu Sardar. Manu J Nair is the CEO of EtherealX.

Here are the details of EtherealX's key team members:

Manu J Nair: Co-Founder & CEO of EtherealX. They are also an angel investor in 1 startup and serve on the board of 1 company.
Shubhayu Sardar: Co-Founder & COO of EtherealX. They serve on the board of 1 company.

EtherealX's Board of Directors

EtherealX's board has 3 active members. Manu J Nair, Shubhayu Sardar and Prashanth Sharma are part of team.

Here is the list of EtherealX's board of directors:

Name	Type	Representing	Status	Duration
Manu J Nair	Team	-	Current	3y 10m
Shubhayu Sardar	Team	-	Current	3y 10m
Prashanth Sharma	Team	-	Current	3y 0m
Richa Bajpai	Investor	-	Current	2y 4m
Ranjeet Ravindra Shetye	Investor	-	Current	1y 6m

View details of EtherealX's Founder profiles and Board Members

EtherealX's employee count trend

EtherealX has 26 employees as of Jul 25. The total employee count is 13.0% more than what it was in Jul 24. Here is EtherealX's employee count trend over the years:

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Top competitors of EtherealX include SpaceX, Rocket Lab and Blue Origin. Here is the list of Top 10 competitors of EtherealX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SpaceX 2002, Hawthorne (United States), Series J	Provider of reusable space launch vehicles for large payloads	$11.9B	Fidelity Investments, Baillie Gifford & 241 others	78/100
2nd	Rocket Lab 2006, Long Beach (United States), Public	Provider of launch services, spacecraft design, manufacturing, satellite components, and software	$288M	Khosla Ventures, Future Fund & 17 others	65/100
3rd	Blue Origin 2000, Kent (United States), Funding Raised	Manufacturer of reusable launch vehicles for large payloads	-	NASA	61/100
4th	EtherealX 2022, Bengaluru (India), Series A	Developer of reusable medium-lift launch vehicles and related propulsion systems	$26.3M	Prosus, Bluehill VC & 23 others	60/100
5th	Cosmoleap 2024, Fengtai (China), Series B	Developer of reusable launch vehicles for space operations	$14M	Legend Capital & 1 others	27/100
6th	Zigouplex 2024, Unfunded	Developer of next-generation space launch vehicles for diverse mission types	-	-	24/100
7th	HStellar 2021, Los Angeles (United States), Deadpooled	Manufacturer of reusable launch vehicles for large payloads	-	-	15/100
8th	LunarXP 2018, Orlando (United States), Deadpooled	Manufacturer of reusable launch vehicles for large payloads	-	-	15/100

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Founders (largest shareholder) own 48.71%, Funds own 36.13%, Enterprises own 6.96% and Angels own 1.90%. The net worth of EtherealX's founders is INR 287Cr as of Jan 06, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	48.71%	287Cr	1994606	5446250	5618450	8191110
Manu J Nair	7158001	1638798	4459135	7322476	7242423	6025965
Shubhayu Sardar	2904692	1171490	6973231	3257301	9581784	2985566
Fund	36.13%	213Cr	7854621	8376627	7629292	6158466
TDK Ventures	3522741	1743000	9799132	9627885	9639166	9620883
Campus Fund	582105	385571	953268	168557	694449	891441
Riceberg Ventures	0	0	0	0	0	0
YourNest	7431528	4041687	7594832	5206369	4677235	5490802
Enterprise	6.96%	41Cr	241590	753028	122980	623771
Angel	1.90%	11.2Cr	2	3	8	1
ESOP Pool	6.30%	37.1Cr	555120	690291	347616	584864
Total	100.00%	589Cr	2748122	7476354	1648998	7727939