Hyderabad, India — 19 August 2025 : Aether MindTech,
maker of Evolv28, a non-invasive wearable designed to help improve sleep
quality and reduce stress, has raised ₹4.5 crore in a Pre-Series A round. The
round saw participation from Anthill Angel Fund, investors associated with
MeitY Startup Hub–backed ecosystems and select deep-tech family offices of Max
Nemmers and Radhika Laxmikanth.
Evolv28 delivers ultra-low magnetic field (ULMF)
signals through a comfortable, everyday form factor. Unlike traditional
“trackers,” Evolv28 is designed as an active aid, built on a new foundational
model with years of R&D, iterative hardware generations, certifications,
and clinical evaluation. The device is non-invasive, drug-free, and
patent-published,Patent App. No:US20230293902A1, aiming to offer a safe,
accessible way to support better sleep, lower stress, and improved
focus.
“Mental wellness is one of the most urgent—and
underserved—needs of our time,” said P V Shyam Sunder, Founder, Aether
MindTech. “With Evolv28, we’re moving beyond passive tracking to an active and
science-backed wearable that fits seamlessly into daily life. This funding
helps us accelerate clinical validation, regulatory pathways, and scale in
India, the US, and Europe.”
Aether MindTech will use the capital to advance
product innovation, expand clinical validation programs, pursue regulatory
clearances in priority markets, and scale distribution via strategic
partnerships and targeted digital channels.
“Our investment reflects our belief in active,
non-invasive neuromodulation and confidence in the founder–market fit,”
said Sailesh Sigatapu, General Partner, Anthill Angel Funds.
“Backing Aether Mindtech startup aligns with our
mission to nurture deeptech innovations Mind Wellness space that merge
scientific validation with meaningful social impact,” said Srinivas
Taluka, Vice President – Facilities, T-HUB
Aether MindTech’s vision is to build socially
impactful neuro-wellness solutions where purpose and performance converge.
As part of the Hustle Partners ecosystem, and associated with T-Hub and
MeitY Startup Hub networks, the company is strengthening its research
pipeline and compliance posture as it advances from general wellness use-cases
toward robust, clinically validated outcomes.
Media Contact:
Kunal Jashnani, Communications, Aether
MindTech
kunal.jashnani@aethermt.com | http://www.evolv28.com/
About Aether MindTech
Aether MindTech is a neuro-wellness company building
non-invasive, science-driven wearables that help people sleep better, stress
less, and focus more. The company combines proprietary signal design,
human-centric hardware, and clinical research to make advanced
neuro-technologies accessible to everyday users. Learn more at
evolv28.com.
Disclaimer: Evolv28 is
a wellness device. It is not intended to diagnose, treat, cure, or
prevent any disease. Claims are subject to applicable regulatory clearances in
each market.
