Hexa’s $20.5 Million Funding Boosts AI-Driven 3D Object Creation for VR and AR
In Brief
3D asset management platform Hexa has closed a $20.5 million Series A round.
Hexa uses AI to convert 2D images into interactive 3D models for deployment on websites, social media, and AR/VR apps.
Hexa, a 3D asset visualization and management platform, has raised $20.5 million in a Series A funding round led by Point72 Ventures, Samurai Incubate, Sarona Partners, and HTC. Yehiel Atias, the CEO and co-founder, stated that the funds would be allocated towards enhancing product development and extending customer acquisition efforts beyond 2023.
Hexa uses its own technology to create 3D digital replicas of furniture and fashion using 2D images and AI. These replicas can be used on websites, social media, and AR apps. The replicas are interactive and controlled with a cursor. Hexa also provides storage, management, distribution, and analysis of replicas for its customers.
The company was founded in 2015 by Yehiel Atias, Ran Buchnik, and Jonathan Clark as a virtual dressing room platform. Atias later transformed Hexa into a general-purpose tech stack for VR, AR, and 3D-model-viewing experiences.
By leveraging the platform, customers can upload an image or allow Hexa’s API to automatically retrieve images from a website. Next, Hexa’s engineers use AI-assisted tools to craft 3D models and assets from the pictures.
During the process, customers can provide feedback directly on the models, ask engineers questions, and prepare the models for deployment on the web or in AR/VR applications. Hexa also offers a variety of 3D viewer applications that customers can utilize. The company also provides code snippets that customers can use to integrate their models into social media posts and video games.
Amazon, Macy’s, Logitech, and Crate & Barrel are among the many companies employing Hexa’s 3D platform for the creation, management, and deployment of their 3D assets. The models can be integrated into any web page, social media platform, or game engine with a code snippet. Its 3D Viewer enables parallel processing, providing maximum frames per second while preserving computational power. The 3D models load as fast as 2D images and are interactive.
Read more:
- Metaverse Fundraising Report for August
- Netflix, Google, and Meta hit by big hedge fund sell-offs
- Metaverse fundraising report for July
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].
More articlesAgne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].
