New Delhi, Sept. 10 -- Gaming technology company ARC has raised Rs.10.5 crore in a pre-seed funding round led by Chimaera VC and MIXI Global Investments. Dhruv Vohra, Director, APAC, Meta, was also present in the round as a personal guest.

The Bengaluru-based startup will use the fresh capital to speed up the development and commercialisation of its first product, ARC X1. The money will be used for hardware engineering, product validation, manufacturing readiness, and supply chain. ARC will also increase its OWL OS gaming software platform team and go-to-market efforts, as well as its OWL OS product development team and OWL OS product offering.

ARC, established by Jobin Joseph and Kaustubh K. Jadhav, is creating an integrated gaming pla...