All the European investment, retail, real estate, office and industry news in English language

Friday | January 22 | 2021

Vectary secures $7 million round led by EQT Ventures

Vectary announced a $7.3 million round led by the EQT Ventures fund. Existing investor BlueYard also participated in the round.

Lauched six years ago, Vectary became the most accessible browser-based 3D and AR platform, helping millions of creators get into the 3D design.

The increased network speeds now enable a wider range of applications for 3D/AR content, and in the upcoming years, we will see a fundamental shift in design.

Configurable 3D assets and content for the 2D web, as well as VR/AR, will become increasingly commonplace. As a result of COVID-19, there was a 300% increase in AR views as more businesses started showcasing their products in 3D and Augmented Reality.

”3D will eventually outpace 2D. Understanding the shape, depth, and scale of objects is particularly important when choosing and purchasing products and soon having 3D content on a site will be as familiar as having a JPEG image is now”, says Michal Koor, CEO Vectary.

- Advertisment -