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Hexa Raises $20.5M In Series A Funding Round

Mar 01, 2023almost 3 years ago

Amount Raised

$20.5 Million

Round Type

series a

Tel Aviv3d TechnologySoftware

Investors

Hexa's Proprietary Tech StackHtcSarona PartnersSamurai IncubatePoint72 Ventures

Description

Hexa, a 3D asset visualization and management platform, announced it has raised a $20.5 Million Series A round from Point72 Ventures, Samurai Incubate, Sarona Partners, and HTC. Hexa's proprietary tech stack digitizes products like furniture and fashion using existing 2D images and AI, creating a new 3D model, a digital twin of the physical object. This digital twin can then be deployed on websites, social media and in AR applications. The models are interactive, too

Company Information

Company

Hexa

Location

Tel Aviv, Tel-Aviv District, Israel

About

Founded in 2018, Hexa is an industry leader focused on its mission to build the world's most powerful 3D tech stack, supporting the many use cases of synthetic data. Hexa's technology enables businesses to create, manage, distribute, and analyze high-fidelity 3D models, 360-degree viewing, and AR experiences at scale. For more information or to get in touch with Hexa, visit https://www.hexa3d.io/. Media Contacts:Shira Zwebner/Leigh BrandtLightspeed PR & Marketing for Hexa shira@lightspeedpr.com leigh@lightspeedpr.com SOURCE Hexa

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech