Funding · AI & Deep Tech

Flam raises $40 million Series B for AI platform

By Startup Enthusiast · 14 September 2026

What they do

Flam builds an artificial intelligence platform that generates interactive digital media experiences for commercial clients worldwide

The startup gathered $40 million during its latest equity round, steered by QED Investors, to finance worldwide sales and technology work

With more than 100 corporate accounts like Google and Reliance, Flam expects most future earnings to originate from overseas

Enterprise tech venture Flam gathered $40 million of fresh equity in an investment cycle steered by QED Investors.
The firm runs an AI interactive content platform serving beyond 100 enterprise customers.
Major corporate patrons utilizing the system include Google, Reliance, Hyundai, and Emirates.
The business intends to deploy these fresh resources to reinforce its global enterprise sales and advance ongoing AI research.
Flam plans to recruit specialized AI research engineers inside the United States while bolstering product engineering groups.
The leadership team will start commercializing its underlying AI models by offering them as standalone software products.

Flam has gathered $62 million in cumulative external capital since launching in 2021.
Domestic deals generate half of current inflows, but management projects 95-98% will stem from the US and Japan within eight months.
Backers pointed to the firm's rapid operational pace and its capture of overlooked segments within modern media pipelines.

Flam delivers dynamic media tools including Flicks for real-time scene alterations and Airboards for rapid 3D streaming.
Its Visual Agents software provides responsive animated personalities that handle customer assistance and direct sales calls.
Underlying systems include Fantom for facial expression replication and Finesse to manage speech in multiple languages.
The company runs Falcon, a fast 26-billion-parameter mixture-of-experts language system.
The enterprise maintains over 15 patents shielding its data compression and rapid network delivery tools.
Flam functions out of offices in Bengaluru and San Francisco, deploying staff across India, Japan, and the United States.

QED Investors (lead) — A venture capital firm focused on financial services and high-growth technology companies.
Claypond Capital (participated) — Private wealth vehicle run for Manipal Hospitals leader Ranjan Pai.
Shah Rukh Khan (participated) — A prominent Indian actor and investor.

Product: An app-less mixed reality platform enabling brands to create and publish interactive 3D and digital experiences.
Customers: Large technology, e-commerce, and consumer brands looking to run interactive marketing campaigns.
How it makes money: B2B SaaS or service fees for publishing and hosting mixed reality advertising content.
What sets it apart: Proprietary AI infrastructure that delivers real-time 3D and mixed reality experiences in under 300 milliseconds without requiring app downloads or browser redirects.