Metadome.ai Secures $6.5 Million in Series A Funding to Expand XR and AI Capabilities

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Metadome.ai Secures $6.5 Million in Series A Funding to Expand XR and AI Capabilities

Metadome.ai, an extended reality (XR) startup formerly known as Adloid, has successfully secured $6.5 million in Series A funding through an equity and debt round. The funding was led by Siana Capital and existing investor Chiratae Ventures, with new contributions from Alteria Capital, 3to-1 Capital, and Manish Choksi’s family office.

The company intends to use the investment to expand into new regions and enhance its capabilities by integrating advanced XR technologies with developments in artificial intelligence. Metadome.ai aims to strengthen its presence in the US, Southeast Asia, and the Middle East. In December 2021, the Gurugram-based startup raised $4 million in its pre-Series A round, also led by Chiratae Ventures.

Founded in 2016 by Kanav Singla and Shorya Mahajan, Metadome.ai focuses on sales enablement through virtual reality (VR) and augmented reality (AR) solutions, particularly in home decor, e-commerce, and mobility. The company collaborates with notable clients including Hewlett Packard (HP), Tata Motors, Hero MotoCorp, and Asian Paints.

Since its launch in 2018, Metadome.ai has experienced organic growth, with its customer base more than doubling in the past year. The company recently teamed up with Hippo Homes to offer a virtual reality experience at its new store in Greater Noida, enabling customers to explore home improvement solutions.

Metadome.ai is also a participant in NVIDIA’s Inception and Google Startup programs. Other emerging companies in the extended reality space in India include SmartVizX, Liminal, Embright Infotech, Scapic, and GMetri.