Thursday, March 30, 2023

Metaverse platform Trezi raises over $2M in a Series A round led by World V, YourNest VC

Homegrown metaverse platform Trezi has raised over $2 million in a Series A funding round led by World V, YourNest Venture Capital, along with the participation from Auxano Capital and She Capital.

The startup plans to use the raised capital to accelerate its platform development in the metaverse and enter high-potential new geographies.

Created in 2018 by Tithi Tewari and Gautam Tewari, Trezi said it enables its clients to upload architectural models for viewing, editing and remote collaboration in real time.

The startup claims that leading brands such as Schneider Electric, GMR, NCRTC, St Gobain, Orient Bell, The White Teak Company and Blue Star, among others, utilise its comprehensive experience that helps the industry use digital twins for the design finalisation and product selection processes.

“As an architect who has spent nearly two decades in the industry, I truly appreciate the value of an intervention like Trezi in the AEC industry. Having started as purely a design communication enhancing product, Trezi’s offerings have expanded based on customer needs. This is what makes it a truly relevant product with a metaverse-based play for our industry,” said Tithi Tewari, Managing Director at Trezi.

Commenting on the investment, Shailesh Churiwala, partner, World V, said, “The offering by Trezi is simple, making it valuable”. The product can immediately demonstrate how future would look like on a decision taken today with regards to your building at large and interiors of your taste. The way this is done is not just in the form of 2D or 3D images or videos but with an immersive environment where one can virtually walk and take a tour.”

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