Metadome.ai is an extended reality startup that raised $6.5 million from Siana Capital and Chiratae  Ventures in its mix of equity and debt series A funding round. The round had the participation of  several new investors including Aliteria Capital, and 3to-1 Capital. The startup plans to use this fresh  capital to scale its operations, enhance its AI capabilities, expand its services, and market expansion  while providing more innovative solutions. 

The company provides augmented reality solutions in the e-commerce, home decor, and mobility  sectors. The startup intends to strengthen its market presence in Southeast Asia, the US, and the  Middle East market. Metadome.ai previously secured 4 million USD from Chiratae Ventures during its  pre-series A funding round in 2021. The company currently has clients including Tata Motors, Hero  MotoCorp, Hewlett Packard, and Asian Paints, among others. The firm partnered with Hippo Homes  to introduce its virtual reality experience in new stores in Greater Noida to allow customers to explore  home decor solutions using virtual reality.  

The XR company has secured around 4 million USD across multiple funding rounds since its inception.  The firm aims to transform the experience of virtual reality across the globe using various advanced AI  technologies. The startup provides a cloud-based customer experience to its customers with its 3D and  XR technologies to its customers. The company claims to have a two-fold increase in its customer base  in the last few years. The startup faces competition from other extended reality companies such as  Liminal, SmartVizX, Scapic, GMetri, and Embright Infotech. The company mainly focuses on increasing  its network and expanding its services into the Middle East through its partnerships. 

Metadome.ai reported plans to expand its customer base and strengthen its position in the Middle East  and the US XR markets. The company is also part of Google’s startup program and NVIDIA’s inception.  The development came just when the extended reality sector got increased interest from investors in  the global startup ecosystem. The virtual reality and XR market is predicted to grow more in the next  few years. The reports mentioned that the extended reality sector raised around 1.9 billion USD in  investment highlighting the importance of augmented reality, virtual reality, and 3D in improving the  overall customer buying experience and post-sale cycles. 

Conclusion: 

Metadome.ai is an extended reality AI startup that secured 6.5 million USD in its ongoing series A  funding round led by the Siana Capital and Chiratae ventures. The round saw the participation of  several new investors including Alteria Capital. The company offers a platform with augmented reality  solutions for home décor, e-commerce, and other sectors. The company intends to use this investment  to enhance its AI capabilities and expand in the Middle East, Southeast Asia, and the US market. The  startup partnered with Hippo Homes to launch its virtual reality experience in new stores in Greater  Noida. Metadome.ai reported a two-time increase in its customer base in the past years.