Extended reality startup Metadome.ai, previously known as Adloid, closed $6.5 million in its Series A investment round led by Siana Capital and an existing investor, Chiratae Ventures, with new participation from Alteria Capital, 3to-1 Capital, and the Manish Choksi family office. The company keeps investing the proceeds in operations scaling in new regions and in next-gen XR technologies strongly led by AI-driven innovation.
PC: Medial
Metadome.ai is a sales enablement company, working at the cusp of VR and AR solutions with a focus on home decor, e-commerce, and mobility. Founded in 2016 by Kanav Singla, Shorya Mahajan, and Kartik Kanaujia, it counts among its chief clients Hewlett Packard (HP), Tata Motors, Hero MotoCorp, and Asian Paints.
With the new funding, Metadome.ai intends to strengthen its footprint in the United States, Southeast Asia, and the Middle East. This strategic expansion forms part of its larger vision toward capitalizing on the swelling interest in XR technologies, which have turned out highly significant in the enrichment of customer experiences and advancing the buy and post-sales cycle.
Gurugram-based startup Metadome.ai, which had raised $4 million in a pre-Series A round led by Chiratae Ventures in December 2021, has been growing organically. Since then, Metadome.ai has experienced organic growth, with its customer base more than doubling over the past year. The strategic innovative ways of the company and its partnerships hold key to rapid expansion and success.
Metadome.ai partnered with Hippo Homes to launch a virtual reality experience at its new store in Greater Noida. The two companies combined efforts to allow customers to experience virtual solutions for home improvement in an immersive environment and demonstrate how XR technologies can really work in a retail environment.
A Statista report shows that the XR industry really grabbed the world’s attention, whereby companies raised investments of $1.9 billion. Truly, this makes 3D, AR, and VR technologies key in the kind of alteration that customer interactions go through, enhancing business operations.
Metadome.ai is also part of the NVIDIA Inception program and those of Google Startup, through which it accesses valuable support systems and resources on forever-greening technologies. Besides Metadome.ai, some other companies that are leading in the XR space in India are SmartVizX, Hayagrev Infotech, Scapic, Embright Infotech, and GMetri.
Innovation and growth go closely together with Metadome.ai, as it continues to focus on cutting-edge solutions for XR, adding actual value to customers by changing the nature of engagement between businesses and their clientele. This round represents a significant step in the company’s journey, setting the ground for further growth and development in the dynamic XR industry.
