Fabrik, an industrial metaverse company, has raised an undisclosed amount as part of its seed round led by Modulor Capital. The round also saw participation from LetsVenture, SucSEED Angel Network, Faad Network, Srishti Lakhotia of the SR Group, and other angel investors.
With Fabrik’s no-code platform, industrial clients can quickly and efficiently create Digital Twin and AR applications that run on any device with just a URL, and more importantly, without additional hardware, according to a press release.
This enables businesses to run quick pilots and identify use-cases with immediate ROI and roll out metaverse-based solutions very fast with little upfront costs.