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| ah! Portfolio Startup Immersive Labz raised its Pre Series A funding round of USD 1MN from ah! Ventures Angel Platform, Hyderabad Angels and with participation from the existing investors such as Marwari Catalysts, Hem Angels, Cognify and Others |
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| ah! Ventures Portfolio Startup Immersive Labz has raised its Pre Series A funding round of USD 1MN from ah! Ventures Angel Platform, Hyderabad Angels and with participation from the existing investors such as Marwari Catalysts, Hem Angels, Cognify and Others. ah! Ventures has done 184 investments in 120 startups till date taking its total investment portfolio to INR 385 CR (~48 MN USD) with 16 exits and 48 follow on rounds. 30 investments have happened through all three platforms and the fund in 2023. |
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| Immersive Labz (Immersivision Technologies Pvt Ltd), is a deep-tech company founded by the alumni of Indian Institute of Technology (IIT), Indian Institute of Management (IIM), and Delhi College of Engineering (DCE). This company was founded to bring transformation in practical science education by providing unique and innovative learning solutions powered with advanced technologies. They have built two innovative products – SimuLab (A 3D Virtual Science Lab) and Cadaviz (India’s First Virtual Human Dissection Table) that have created ripples in the market for their excellent facets and capabilities. |
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| Immersive Labz has successfully sold its products to some of the large medical education and coaching institutes in the country. The company has a strong order pipeline and expects to revolutionise medical education in the country with its state of the art proprietary virtual human dissection table. Practical science education is considered one of the biggest challenges across the world. This problem is even more pronounced in India, where more than 90% of science students don’t have access to labs. And partly 10% who have, find it unengaging. Immersive is addressing both through SimuLab, which is both of high quality (a true-to-life lab experience) and very engaging. |
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| “We combine innovations, creativity and research to provide the best-in-class immersive and interactive solutions to the deep tech sector. We are a multidisciplinary team of entrepreneurs, software & hardware developers, computer vision experts, data scientists, graphic & web designers and business development professionals. This round of funding will help us to establish ourselves as a leader in this market.", said Amit Ranjan, Co-Founder. |
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| Navin Mandal, Co-Founder and CTO commented, "Our solution provides a comprehensive coverage of the overall medical syllabus and provides a practical experience to the students. The technology developed is extremely robust and provides students the much needed freedom during the learning process." |
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| Amresh Sharma, Co-Founder said that, "This funding round will ensure that we are able to scale up and deliver the products to a much larger audience. We have large number of enquiries for our solutions and expect to grow significantly from hereon using the capital raised in this round." |
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| Immersive recently raised a pre series A round and had investors such as Hyderabad Angels and some family offices investing in this round along with the last round investors such as ah! Ventures, Marwari Catalysts, Hem Securities and Cogniphy. |
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| Mukul Jain, Deal Lead – Immersive Labz & VP – ah! Ventures said that, “We are extremely excited about the product and the solution that Immersive has developed and expect the company to scale up significantly from hereon. Immersive Labz has solved a very critical need for both science education and medical education stream, the product acceptance has been really good in the market. This capital raise will help them to establish itself as leading player in the space and penetrate the market well.” |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in |
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| ah! Ventures is one of the world's largest fundraising platform for early stage startups raising up to 10 MN USD. ah! Ventures has three platforms: First Gear, which helps startups raise upto INR 1 CR (~USD 150K), Angel Platform, which helps startups raise upto 1 MN USD and High Tables Platform, which helps startups raise 1-10 MN USD. Today ah! First Gear, Angel and High Tables platforms have over 70000+ entreprenurs, 3000+ seed/angel investors and over 1000 VCs & institutional investors registered with it. ah! First Gear, Angel and High Tables platforms till date have invested INR 385 CR (~48 MN USD) in 120 startups & 184 investments and have announced 16 exits & 48 follow on rounds. |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in
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