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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. After being selected for Adidas’ Accelerator in Europe, the company worked with the retailer to digitize more than 2,500 shoes. trillion by 2030.

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Nfinite bags $100M to give e-commerce 3D flare

TechCrunch

The company, headquartered in France, has developed a SaaS-based visual e-merchandising platform with tools for creating 3D images for e-commerce. A year later, they realized there was a bigger market in e-commerce and shifted focus there to increase traffic and sales.

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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. Retailers can save time and costs by using PlicAR without building their own 3D modeling platform, he added. RECON Labs claims it has more than 10,000 products that are 2D converted into 3D content.

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Hexa raises $20.5M to turn images into 3D objects for VR, AR and more

TechCrunch

Hexa , a 3D asset visualization and management platform, today announced that it closed a $20.5 After all, the company was once one of the world’s largest smartphone manufacturers — not exactly entrenched in the 3D modeling space. They also can manage and assess the impact of their 3D content through our platform.”

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Uber branches out into AI data labeling

CIO

Scaled Solutions grew out of the company’s own needs for data annotation, testing, and localization, and is now ready to offer those services to enterprises in retail, automotive and autonomous vehicles, social media, consumer apps, generative AI, manufacturing, and customer support. This kind of business process outsourcing (BPO) isn’t new.

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Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

TechCrunch

Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 Global metaverse market size is projected to increase $280 billion by 2025 from $30.7 RenovAI helps retailers offer automated interior design advice to their customers.

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Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock

TechCrunch

COVID-19 forced many retailers and brands to adopt new technologies. Retail analytics unicorn Trax expects that this openness to tech innovation will continue even after the pandemic. Retail Watch currently focuses on center shelves, where packaged goods are usually stocked, but will expand into categories like fresh food and produce.

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