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Metadome.ai Raises $6.5 Million to Revolutionize Extended Reality Experiences

Metadome.ai Raises $6.5 Million to Revolutionize Extended Reality Experiences

SUMMARY

1. Metadome.ai has raised $6.5 million in funding led by Siana Capital and Chiratae Ventures, with additional support from other investors. The funds will be used to expand the company’s presence in the US, Southeast Asia, and the Middle East, and to enhance its XR and AI capabilities.


2. Metadome.ai leverages VR and AR technologies to improve consumer experiences in home decor, e-commerce, and mobility sectors. The company, with a total of $10.6 million in funding and notable industry partnerships, aims to revolutionize customer engagement and drive global growth.

Metadome.ai, an innovative startup in the extended reality (XR) space, has successfully raised $6.5 million in a recent funding round. The investment was led by Siana Capital and Chiratae Ventures, with additional contributions from Alteria Capital, 3 to-1 Capital, and Manish Choksi’s family office. This funding is set to propel Metadome.ai’s expansion into new regions and further enhance its XR and AI capabilities.


Expanding Global Presence and Enhancing Capabilities

The newly acquired funds will be directed towards expanding Metadome.ai’s business operations into key markets, including the United States, Southeast Asia, and the Middle East. The company aims to leverage its advanced XR technologies to improve consumer experiences across various sectors.

Kanav Singla, Founder and Chief Executive of Metadome.ai, highlighted the company’s mission to address gaps in consumer experiences. “Consumers often have a broken experience while browsing online and offline. In our commitment to them, we are building products in home decor, e-commerce, and mobility categories to create the highest converting and most engaging journey,” Singla stated.


Transformative XR Solutions for Diverse Sectors

Metadome.ai specializes in sales enablement solutions by integrating virtual reality (VR) and augmented reality (AR) technologies. The company’s XR platform is designed to enhance consumer engagement in home decor, e-commerce, and mobility sectors. With over 50 clients and a total of $10.6 million in funding, Metadome.ai is making significant strides in the XR space.

The startup is also part of Nvidia’s Inception programme and Google Startup programme, underscoring its commitment to technological advancement and innovation.


Industry Impact and Future Prospects

TC Meenakshisundaram, Founder and Vice Chairman of Chiratae Ventures, commended Metadome.ai’s impact on customer engagement. “Metadome.ai has revolutionized customer engagement through its XR platform, enabling enterprises to go live almost instantly and convert engagement into revenue. This positions Metadome.ai as a global leader in XR technology, with potential for rapid expansion,” Meenakshisundaram commented.

A spokesperson from Siana Capital also expressed confidence in Metadome.ai’s future. “We believe in the transformative potential of combining extended reality with AI to create immersive experiences,” the spokesperson noted.

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August 12, 2024

Kalpana Maurya