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UK startup Rival has secured $4.2 million in a seed funding round led by Speedinvest. The investment will help expand their AI-powered 3D content platform and grow their team.

Mar 25, 20259 months ago

Amount Raised

$4.2 Million

Round Type

seed

London3d TechnologyArtificial IntelligenceSoftware

Investors

New Renaissance VenturesSpeedinvest

Description

Rival has emerged from stealth mode with a unique AI-powered 3D content platform after raising $4.2 million. The funding will enable the startup to enhance its product and expand its presence in the US market. The platform allows users to convert 2D videos into immersive 3D experiences. Investors include Speedinvest, New Renaissance Ventures, and several angel investors.

Company Information

Company

Rival

Location

London, England, United Kingdom

About

Rival is a UK-based startup that has developed an innovative 3D content platform leveraging AI technology to convert 2D videos into immersive 3D experiences. This platform enables users to create, share, and explore short-form 3D content in spatial computing headsets, similar to TikTok or Instagram Reels. Founded by Alexander Oppermann and Konrad Melzer, Rival aims to enhance user engagement in the realm of spatial computing. The startup has assembled a skilled team from major tech companies and plans to expand its footprint in the US market.

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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