Demoverse raises $600K pre-seed led by Lumikai to scale AI product co-creation
Bengaluru-based Demoverse, which helps brands co-create products with consumers, has raised a $600K pre-seed round led by Lumikai. The platform, initially focused on fashion, has run trials with brands including Purplle and plans to build its design community, consumer app and US presence.
What happened
Bengaluru-based AI product co-creation platform Demoverse raised $600K in a Lumikai-led pre-seed round. Initially focused on fashion, it enables brands to
Key facts
- $600K pre-seed round
- $500K investment by Lumikai
- around seven closed brand trials
- Rs 10 crore seed funding for Sammmm
- Rs 42 crore seed funding for BCT Ventures
What changed
Bengaluru-based AI product co-creation platform Demoverse raised $600K in a Lumikai-led pre-seed round. Initially focused on fashion, it enables brands to co-create products with consumers and has run India trials including with beauty e-commerce platform Purplle.
Why this matters
Demoverse’s $600K pre-seed gives fashion and beauty operators an emerging AI-enabled channel to test consumer-led product concepts before committing to development and inventory.
What to watch
- Announcement of paid multi-season or multi-category contracts following current pilots.
- Evidence that brand-generated concepts outperform conventional launches on sell-through, conversion or return rates.
- Growth in active designers, consumer respondents and repeat participation within the app.
- Launch of pricing that separates software/platform fees from managed co-creation services.
- US customer wins, local hiring, or partnerships with creator-commerce and retail-tech operators.