ARC raises ₹10.5 crore Pre-seed round ahead of handheld gaming launch
Chimera VC and MIXI Global Investments led the financing, with Meta APAC director Dhruv Vohra investing personally.
From waitlist to commercial readiness
ARC’s ₹10.5 crore financing comes as it prepares the ARC X1 handheld console and OwlOS for commercial launch. The company reported more than 50,000 waitlist sign-ups and a collaboration with Qualcomm.
The capital will support hardware validation, manufacturing and supply-chain preparation, and development of the gaming software platform. Chimera VC and MIXI Global Investments co-led the round; Dhruv Vohra participated in his personal capacity.
Use of funds
Accelerate ARC X1 hardware engineering and product validation
Prepare manufacturing and supply chain readiness
Develop OWL OS and the gaming software platform
Expand team, go-to-market capabilities and strategic partnerships