VC Fund Investments
VR Tech startup Interality raises funding from Adept Ventures, angels
Bengaluru-based virtual world engine Interality has raised seed funding in an investment round which saw participation from Adept Ventures and angel investors including Maninder Gulati (global chief strategy officer, Oyo), Jayant Kanani (Co-founder, Polygon), Alvin Tse (CEO, Xiaomi India), Sam Shergill (ex-CEO, Sony India). Interality enables creators, communities and brands to launch their own virtual worlds. The startup offers tools and technologies that facilitate the in-world economy through the monetization of experiences, AR/VR content, and digital assets. The platform also comes equipped with many first-in-segment features such as interoperability, a multichain support system and XR capabilities. The fresh funds will be used for hiring across engineering, product, technical design and BD besides strengthening product and design.
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