Demoverse raises $600K pre-seed to bring AI co-creation to consumer brands

Demoverse, a Bengaluru-based AI product co-creation platform for consumer brands, has raised $600,000 in pre-seed funding. The round was led by Lumikai, with participation from Marlan.

What Demoverse Does

Demoverse is an AI-powered product co-creation platform that lets consumer brands build products together with their customers. The model works in three layers:

• Brands post product concepts along with guidelines on what can change.
• Consumers use AI tools to refine and redesign those concepts.
• The wider community votes on the strongest directions.

Contributors to winning designs earn royalties when products are commercialised, aligning community participation with commercial outcomes.

Starting in Fashion, Expanding Into Beauty and CPG

The company starts in fashion, with plans to expand into beauty and consumer packaged goods. That sequencing gives Demoverse a defined initial market while pointing to a broader thesis: co-creation as a repeatable product-development motion across consumer categories.

Founder and Backing

Demoverse was founded by Akshay Mehta and is based in Bengaluru. The company is part of NVIDIA's Inception program, which supports startups working with AI technologies.

The Round at a Glance

• Company: Demoverse
• Round: Pre-Seed
• Amount: $600,000 USD
• Date: September 22, 2026
• Lead investor: Lumikai
• Additional investors: Marlan
• Headquarters: Bengaluru
• Founder: Akshay Mehta

Why It Matters for the Category

Consumer brands have long relied on surveys, focus groups, and internal design teams to decide what to make. Demoverse proposes a different loop: open the concept to customers, let AI lower the barrier to meaningful contribution, and let the community surface the strongest ideas. Royalties for winning contributors create an incentive structure that goes beyond engagement metrics.

The pre-seed raise gives Demoverse capital to build out the platform and deepen its presence in fashion before moving into beauty and CPG. Lumikai's lead position signals investor interest in AI-native approaches to consumer product development in India and beyond.

For brands evaluating co-creation tools, Demoverse's combination of AI-assisted design, community voting, and contributor royalties is the core proposition to watch as the company scales from its fashion starting point.