Imaginate develops NuSpace, a hardware-agnostic VR/AR collaboration platform that enables people to communicate in immersive, interactive virtual worlds. NuSpace is aimed at specialized industrial training, engineering design, remote maintenance and repair, and the company operates primarily in the B2B space of specialized training and education. Led by CEO Hemanth Satyanarayana, Imaginate is based in Philadelphia, PA. The company raised $500k in funding from SRI Capital, a seed-stage venture fund based in Philadelphia. In conjunction with the funding, Sashi Reddi, managing partner of SRI Capital, joined Imaginate's board of directors. Imaginate participated in the NASSCOM 10,000 startups warehouse program in 2016.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2017