HomeGermanyDGG Raises €4M in Funding

DGG Raises €4M in Funding

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DGG

DGG, a Darmstadt, Germany-based tech company which specializes in real-time 3D content creation, raised €4M in funding.

The round was led by IRIS alongside existing investors RenderedVC, FTTF, 3VC, as well as business angels Charlie Songhurst and Chris Schagen.

The company intends to use the funds to expand operations and its business reach.

Founded in 2018 by Max Limper, Miguel Sousa, Julian-Alexander Neagu, Sebastian Wagner and Felix Limper, DGG is a deep tech company which specializes in real-time 3D content creation. Its RapidCompact solution enables users to convert and optimize complex 3D models for real-time 3D applications such as Augmented Reality, at speed and ease. The software and API allow eCommerce clients and platform partners to integrate the tech into their backend infrastructure so that their merchants can automatically upload 3D models of their products whatever their size, complexity, or format, by making many thousands of 3D models accessible to all kinds of real-time 3D and XR applications, within a few hours. The startup is currently extending its products line and offers a platform for technology partners, as well as dedicated integrations for large enterprise clients.

DGG is already serving several leading retailers worldwide, including Adidas, Crate & Barrel, and Otto Group, as well as key eCommerce platform partners, such as Shopify and Adobe.

FinSMEs

20/07/2023

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