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Snap quietly acquired 3D-scanning startup Th3rd last year

TechCrunch

Snap quietly acquired Amsterdam-based 3D-scanning studio Th3rd in the second quarter of last year, at a time when the company was looking to bolster its AR-powered commerce ambitions. In July 2021, it acquired 3D and AR commerce company Vertebrae. The company did not disclose the financial terms of the deal. trillion by 2030.

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Star-studded digital avatar startup Genies launches NFT fashion marketplace

TechCrunch

Now, The Warehouse is available to the general public, meaning users can download the Genies Studio app to create their own avatars and buy digital fashion items to dress them, Genies CEO and founder Akash Nigam told TechCrunch in an interview. An image of the Genies platform showcasing a fashion collection designed by creator Ian Charms. .

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South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR   

TechCrunch

According to a recent survey of 16,000 Snapchat users in 16 markets, 92% of Gen Zers want to use AR and VR for online shopping. The company currently offers its service to more than 22 small and medium companies in South Korea, and is in discussion with potential customers in the fashion, toy and food sectors, Ban said.

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

TechCrunch

That’s the reason why the likes of Amazon have historically struggled to move fashion and home decor items online. Avataar helps direct-to-consumer brands and e-commerce marketplaces with shaping their consumer journeys with 3D rendition of products. The six-year-old startup has raised about $55.5 The founding team of Avataar.

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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.

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Daily Crunch: Citing ‘uncertain mortgage market,’ Better.com rolls out employee buyout plan

TechCrunch

Navigating the choppy e-commerce seas : As reporter Ingrid Lunden writes, “e-commerce is synonymous with shopping on Amazon, but the reality is that a retailer has the option to use a bundle of different channels to sell and market products.” 6 questions investors should ask when evaluating psychedelic biotech companies.

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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

With Emperia, brands can put on live events with hosts that walk them through a virtual space, or customize exhibits and displays with 3D models and images of real-world inventory. Despite competition from vendors like Obsess and ByondXR, Emperia has 45 customers across sectors including fashion, beauty, luxury apparel and sports.

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