HomeSwedenVolumental Raises $3M in Funding

Volumental Raises $3M in Funding

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volumentalVolumental, a Stockholm, Sweden-based 3D customization startup, raised $3m in funding.

Backers included Silicon Valley investor Founder.org and Stockholm-based Moor.

The company plans to use the funds to grow the team and launch their first products.

Led by CEO Caroline Walerud, Volumental provides cloud-based software that enables accurate scanning of the human body using 3D depth cameras and allows individuals to use those scannings to create products that are customized to their own bodies.
Proofs of concepts within orthotics and ecommerce are under way, including a project with Intel using 3D depth- sensing laptops for fitting shoes (demoed at the Intel Developer Forum in San Francisco on September 10th) which manufacturing is completely individualized and localized.
The company has a team of 16 people with experience within research at NASA, Google, Cambridge, Oxford, Stanford and four PhD level computer vision researchers. The project with Intel adds to early customers consisting of companies in Europe and Silicon Valley. Volumental now intends to continue working with them to develop the technology further and expand into more industries and geographies.

FinSMEs

11/09/2014