๐ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐ฅ
โ
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator โ
Log In
News on Medial
Flam Bags $4.5 Mn To Help Brands Create Mixed Reality Content
Inc42
ยท
1y ago
Medial
Flam, a mixed reality content publishing platform, has raised funds in a recent funding round. The investment will be used to expand Flam's presence in markets like North America, Europe, and the MENA region. The company aims to help brands publish interactive mixed reality content. Funding participants include Turbostart, Twin Ventures, Alphatron Capital, Inventus Capital Partners, SVQ, and 9Unicorns. Flam was founded in 2021 by Shourya Agarwal, Rajat Gupta, and Malhar Patil.
View Source
3
Related News
Mixed reality startup Flam bags $14 Mn led by RTP Global
Entrackr
ยท
2m ago
Medial
Mixed reality startup Flam has raised $14 million (around Rs 119 crore) in its Series A round led by RTP Global, with participation from Dovetail and existing investors. Earlier in May 2024, Flam had raised $4.5 million in its pre-Series A round from Turbostart, Twin Ventures and others. The fresh proceeds will be used to scale operations in the US market while maintaining its presence in India, where it began monetizing a year ago. The brand claims to hold a 45% market share in the US. Founded in 2021 by Shourya Agarwal, Malhar Patil, and Rajat Gupta, Flam offers mixed reality brand experiences through social media links, websites, and QR codes, enabling brands to engage audiences effectively. It counts over 100 large tech and e-commerce brands as clients, including Google, Samsung, LG, Flipkart, Britannia, Netflix, AJIO, Wargaming, and WPP. Since the beginning of this year, Flam has been ramping up its R&D efforts on app-less Gen AI infrastructure that allows brands to create, launch, and track high-fidelity mixed reality (MR), 3D, and digital experiences in under 300 milliseconds on any smartphone.
View Source
Flam bags Rs 38 Cr in pre Series-A round
Entrackr
ยท
1y ago
Medial
AI-enabled mixed reality (MR) publishing platform Flam has raised Rs 38 crore ($4.5 million) in its pre-Series A round from Turbostart, Twin Ventures, Alphatron Capital, and angel investors, along with several family offices. Existing backers such as SF-based Inventus Capital Partners, SVQ, and 9Unicorns (now 100 Unicorns) also invested. The proceeds will be used to expand its MR platformโs reach into North America, Europe, and the MENA region, Flam said in a press release. Founded by Shourya Agarwal, Flam is at the forefront of publishing interactive MR content that can be accessed via mobile cameras, aiming to revolutionize the marketing landscape. The platform has already hosted global brands, including Britannia, Netflix, Wargaming, AJIO, Heeramandi, WPP, and Indian politician Shashi Tharoor. Flamโs MR technology transforms print, OOH, TV, and digital advertisements into engaging experiences for consumers. Its device-agnostic platform operates on all Android and iOS mobile devices, enabling rapid creation and deployment of MR content. The platform features the fastest image recognition and top-tier image and ground tracking, powered by sophisticated AI algorithms.
View Source
Mixed Reality Startup Flam Ropes In Cricketer KL Rahul As Investor
Inc42
ยท
12m ago
Medial
Indian cricketer KL Rahul has made an investment in mixed reality startup Flam. The financial terms of the investment have not been disclosed. This comes after Rahul's previous investment in men's apparel brand XYXX in April 2022. He also recently became an investor in athleisure wear maker Boldfit, as they aim to expand their presence in the Middle East.
View Source
DreamPark Raises $1.1 Million Seed Funding Led by Long Journey Ventures, Founders Inc. to Transform Physical Spaces into Mixed Reality Parks | DeepNewz VC
Business Bytes
ยท
2m ago
Medial
DreamPark has successfully raised $1.1 million in seed funding, with Long Journey Ventures and Founders Inc leading the investment. The company aims to revolutionize real-world spaces by transforming them into mixed-reality theme parks. This funding will help DreamPark enhance its technology and expand its innovative approach, blending physical environments with digital experiences to create immersive and interactive attractions for users.
View Source
The week in tech: Mixed reviews for mixed reality
Livemint
ยท
1y ago
Medial
Mixed reality, which combines digital content with the real world, is on the brink of becoming a mainstream technology. Apple's new Vision Pro headset is gaining recognition for its technical capabilities and immersive experience, while Meta Quest 3 has found success among gamers. However, the lack of compelling use cases and the absence of mixed-reality capabilities in regular glasses are hindering wider adoption. The enterprise sector has seen some applications of mixed reality, but consumer interest has been slower. Industry experts predict a rebound in 2024 with the release of new XR headsets.
View Source
Plotline Bags $2.6 Mn To Personalise App Experience For Brands
Inc42
ยท
1y ago
Medial
Enterprise tech startup Plotline has raised $2.6 million in seed funding from Elevation Capital. Plotline helps consumer brands create personalized and dynamic app experiences based on user behavior. The funding will be used to enhance research and development, marketing, and sales functions, as well as expand into markets such as the US, Middle East, Africa, and Asia-Pacific regions. Plotline claims to have served over 50 consumer apps and more than 150 million end users, offering content creation and user experience optimization through analyzing billions of data points. The Indian enterprise tech sector has seen significant growth in recent years, attracting investment and fostering innovation.
View Source
Former LetsVenture general counsel joins early-stage incubator Turbostart
VCCircle
ยท
1y ago
Medial
Gandhimadhy Varadarajan, former general counsel of LetsVenture, has joined early-stage startup incubator Turbostart as the general counsel. Varadarajan brings over three decades of experience in corporate advisory, private equity, venture capital transactions, regulatory matters, and employment laws. Turbostart offers funding, mentorship, and access to excellence centers to startups. In recent years, Turbostart has led funding rounds for AI-based mixed reality platform Flam and seed funding for Tap Invest, among others. LetsVenture is a marketplace for angel startup investments and has received backing from several prominent investors.
View Source
Meta Reportedly Collaborating with LG for New Mixed-Reality Headset to Compete with Apple Vision Pro
CityLife Capetown
ยท
1y ago
Medial
Meta, formerly Facebook Reality Labs, is reportedly partnering with LG to develop a new mixed-reality headset to compete with Apple's Vision Pro. The collaboration aims to create a successor to Meta's Quest Pro VR headset, set to launch in 2025. LG Electronics will handle production, with components supplied by LG Display, LG Energy, and LG Innotek. The device is rumored to be named "Meta Quest 4 Pro" and could cost around $2,000. This partnership highlights Meta's commitment to the mixed-reality headset market and competition with tech giants like Apple.
View Source
Meta partners with James Cameron's tech venture to boost mixed reality content
Economic Times
ยท
8m ago
Medial
Meta Platforms has joined forces with Lightstorm Vision, a technology venture by filmmaker James Cameron, to enhance the development of 3D entertainment for the Meta Quest. Meta, the parent company of Facebook, announced that the Quest headset will serve as Lightstorm Vision's exclusive mixed reality hardware platform. This collaboration demonstrates Meta's dedication to its mixed-reality division, following significant investments in augmented reality and metaverse technologies. The partnership aims to reduce production costs associated with creating 3D content and expand the offerings of the Quest headset for live sports, concerts, and TV series.
View Source
Apple Vision Pro production halted amid weak demand: report
Economic Times
ยท
7m ago
Medial
Apple's production of its Vision Pro headset has reportedly ceased due to weak demand and production cuts. Initially ambitious in the mixed-reality space, the device faced issues due to its high price and limited content ecosystem. Production was scaled back, with inventory expected to meet demand through 2025. Apple is now shifting focus to developing a more affordable mixed-reality headset. The development of a second-generation Vision Pro is paused, but a minor update may arrive by 2025-2026.
View Source
Trackers
Active Indian VCโs
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything thatโs happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in