Demoverse raises $600,000: Can AI help brands know what consumers want before production?

Demoverse has raised $600,000 in a pre-seed round led by Lumikai as the AI-powered co-creation platform looks to help brands understand consumer demand before production. The startup allows users to redesign and refine product concepts using AI, with community feedback helping brands identify stronger ideas. Founder Akshay Mehta expects early pilots with Indian consumer brands to convert into paid campaigns in Q4. Lumikai's Salone Sehgal sees the platform as part of a broader shift from passive consumption towards active participation.