Adloid raises $4 Mn in pre-Series A

Adloid, an AR builder platform, has raised $4 million in its pre-Series A round led by Chiratae Ventures (Formerly IDG Ventures), and Lenskart Vision Fund. EaseMyTrip co-founder Prashant Pitti, Seeders, and 100x Entrepreneur have also joined the new round.  

With this round, Adloid is rebranding to Metadome, a metaverse that will provide the no-code infrastructure to creators and brands for the virtual world.

Started by Shorya Mahajan, Prashant Sinha and Kanav Singla, Metadome provides AR deployments across automobile, home-decor, beauty and accessories, and consumer electronics. The startup works with industry leaders such as Hewlett Packard (HP), Tata Motors, Hero MotoCorp, Asian Paints and others, to create immersive 3D and AR experiences for their customers.

According to the Gurugram-based startup, it will be expanding its product and tech teams and inviting the creator community to build a metaverse which can host 1 billion experiences a day by 2023. It also plans to strengthen its customer success and delivery in North America and other geographies to support its enterprise offerings.