Industrial AR platform Fabrik raises funding from Modulor Capital, others

Bangalore-based Fabrik which specialises in building Augmented Reality (AR)-based solutions for industrial applications, has raised a seed round from Modulor Capital. The round also saw participation from LetsVenture, SucSEED Angel Network, Faad Network, Srishti Lakhotia of the SR Group and a few other angels. The funds will be used to expand the team on engineering and business fronts to create product solutions across key sectors. Fabrik aims to make machines intuitive for users to understand & interact/manage them through an "industrial metaverse".