Metaverse and augmented reality (AR) builder platform Adloid has raised $4 Mn from Chiratae Ventures (Formerly IDG Ventures, India), and Lenskart Vision Fund as part of its Pre-Series A funding round to fuel its growth and product evolution.
The round also saw the participation of EaseMyTrip cofounder Prashant Pitti, Seeders, and 100x Entrepreneur.
The startup has also announced its rebranding to Metadome, a metaverse that will provide the no-code infrastructure to millions of creators and brands to build immersive experiences for the virtual world.
“The company will be expanding its product and tech teams and inviting the creator community to build a metaverse which can host 1 Bn experiences a day by 2023,” it said. The startup also plans to strengthen its customer success and delivery in North America and other geographies to support its enterprise offerings.