Scape Technologies Raises $8M in Seed Funding

scapeScape Technologies, a London, UK-based provider of a cloud-driven visual engine that allows camera devices to understand their environment, using computer vision, raised $8m in seed funding.

Backers included LocalGlobe, Mosaic Ventures, Fly Ventures and Entrepreneur First.

Founded in 2016 by Edward Miller, Co-founder & CEO, Scape Technologies is building a cloud-based vision engine that allows camera devices to understand their environment, using computer vision. Rather than relying on 3D maps built and stored locally, Scape’s Vision Engine builds and references 3D maps in the cloud, allowing devices to tap into a ‘shared understanding’ of an environment.

Initially focused on augmented reality, Scape’s first product is an SDK that allows AR content to be anchored to specific locations, outside and at scale.

FinSMEs

08/01/2019

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