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Skilling Metaverse Platform Cusmat Raises $3.5 Million in Series a Round

Cusmat, an immersive skilling platform that enterprises use to upskill their industrial workforce, has raised $3.5 million in Series A round of fundraise. 

This round is led by Arkam Ventures along with participation from Unitus, Better Capital, Venture Catalysts, MapMyIndia, 9 Unicorns, We Founder Circle, Mumbai Angels Network, Dholakia Ventures, Ice VC, and Legacy asset LLP.

Cusmat plans to utilise the fresh funds to strengthen R&D and enterprise sales, besides growing its international presence and adding newer industry-specific skills to its offering.

Abhinav Ayan, Co-Founder & CEO, Cusmat, said, “The metaverse is the ideal environment to develop muscle memory for real-world activities. The initial traction and great feedback from large enterprises in India and South Asia have convinced us of the product market fit for our skilling metaverse platform.”

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