Metadome.ai (formerly Adloid) has raised $6.5 million in Series A funding in an equity and debt round led by Siana Capita and existing investor Chiratae Ventures. Their new investor like Alteria Capital, 3to-1 Capital, and Manish Choksi’s family office also joined the new round.
The company plans to use the investment to expand its business to new regions and develop capabilities to provide advanced XR
(Extended reality )technologies merged with advancements in AI, Metadome.ai said in a press release.
With this , Company also aims to strengthen its presence in the US, SE Asia, and the Middle East regions.
Metadome was founded in 2016 by Kanav Singla, Shorya Mahajan and Kartik Kanaujia, The company specializes in sales enablement using virtual reality (VR) and augmented reality (AR) solutions in home decor, e-commerce, and mobility. It works with HP, Tata Motors, Hero MotoCorp, Asian Paints, and many more.
Metadome.ai has been growing organically and its customer base has more than doubled since last year, said the firm in the release.
In recent, the firm partnered with Hippo Homes to introduce a virtual reality experience at its new store in Greater Noida where customers can explore home improvement solutions.
The company is also part of NVIDIA’s Inception and Google Startup programs.