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Avataar raises $45 million to improve consumer shopping experience with life-sized 3D product evaluation

TechCrunch

Avataar helps direct-to-consumer brands and e-commerce marketplaces with shaping their consumer journeys with 3D rendition of products. As long as the product images are in at least 1080p resolution, Aluru said, Avataar can stitch a virtual and 3D version from it. The six-year-old startup has raised about $55.5

3D 232
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How to Mitigate Fraud Risks and Best Serve eCommerce Customers

CIO

Merchants report using an average of four fraud detection tools and services, with payment card and identity verification services, 3D-Secure, and two-factor phone authentication being the most widely used tools. [3]. It’s difficult for eCommerce companies to keep up with the rapidly evolving fraud landscape.

eCommerce 148
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Xesto is a foot scanning app that simplifies shoe gifting

TechCrunch

But Howe tells us it moved into mobile sizing shortly after the 2017 launch of the iPhone X — which added a 3D depth camera to Apple’s smartphone. Neatsy wants to reduce sneaker returns with 3D foot scans. The Canadian startup hasn’t always been focused on feet. “This summer I had an aha !

3D 292
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Virtual dressing room startup Revery.ai applying computer vision to the fashion industry

TechCrunch

is developing a tool that leverages computer vision and artificial intelligence to create a better online dressing room experience. Figuring out size and cut of clothes through a website can suck the fun out of shopping online, but Revery.ai

Fashion 248
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Aflorithmic nabs $1.3M for AI-driven personalized audio-as-a-service

TechCrunch

While the video piece of the cloned celebrity plan entails 3D imaging — with the tech for that being provided by three other synthetic media firms (UK-based Forever Holdings, digital human makers Zoe01 and Uneeq). Turning all that text into soothing synthesized voice is where Aflorithmic comes in.

Media 266
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Sneaker fit startup Neatsy.ai gets $1M seed after B2B pivot

TechCrunch

Neasty’s approach relies on 3D scanning technology found in the iPhone X or later (aka, the TruthDepth camera for FaceID) — so (currently) it only works for a subset of iOS users. Neatsy wants to reduce sneaker returns with 3D foot scans. But it’s eyeing expanding its fit recommendations with the seed funding.

B2B 201
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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

In 2017, global eCommerce sales accounted for 10.2 Revenue from eCommerce sales is expected to grow to 4.88 eCommerce share of total retail sales worldwide from 2015 to 2021. China’s leading eCommerce company Alibaba sells branded merchandize in the Futuremart cashierless store (opened in April 2018 at its Hangzhou headquarters.)