Ikonz Studios, a company that specializes in holographic technology and hyper-realistic, multilingual digital avatars, has received $5 million in strategic capital from Marc Jordan as part of its ongoing Pre-Series A round. Madhusudan Kela, Akash Bhanshali, and Ramana Thummu also participated in the round; all four investors did so through their family offices.

Ikonz Studios said in a press release that the money will be used to scale its IP portfolio, improve AI capabilities, and expedite its global expansion.

Ikonz Studios, a next-generation AI firm founded in 2021 by Abhinav Varma Kalidindi, uses generative AI to provide holographic experiences and incredibly lifelike, multilingual digital avatars. By using sophisticated AI-driven experiences to bring famous figures to life, the startup hopes to transform digital interaction.

The Hyderabad-based company is committed to developing its AI technology by fusing image recognition with real-time voice and video processing. This makes it possible for AI avatars to "see" and communicate with people in both virtual and real-world settings.

Ikonz Studios creates hyper-realistic avatars using generative AI and holographic technology, revolutionizing interaction in sectors including retail, healthcare, banking, and education.

The corporation intends to enter the North American market even though it is well-established in India.

Abinav Varma Kalidindi, Founder and CEO of Ikonz Studios says, “This investment is a testament to the transformative potential of Ikonz Studios in redefining AI-driven experiences. With the support of industry visionaries like Ramana, Marc, Mr Kela, and Mr. Bhanshali, we are poised to scale our impact globally—expanding our IP, strengthening our technology, and enhancing the way people interact with AI. Our goal is not just to lead in AI innovation but to revolutionize storytelling, brand engagement, and digital interactions at a scale never seen before”.