Polycam, a San Francisco, CA-based 3D creation tool company for iPhone and Android, raised $18M in funding.
The round, which brought the total amount to $22M, was led by Left Lane Capital and Adjacent with participation by Adobe Ventures and a group of angel investors including Chad Hurley (YouTube), Shaun Maguire (Sequoia), Julien Chaumond (HuggingFace) and Barry McCardel (Hex).
The company intends to use the funds to expand their suite of creation tools and train AI foundation models for 3D reconstruction.
Founded three years ago by Chris Heinrich and Elliott Spelman, Polycam is a tool for photorealistic 3D asset creation on the App Store, Google Play, and the web. Individuals, and a growing number of businesses, use Polycam to capture, document, edit and share digital 3D content. With a focus on AI-assisted automation, its creative tools are simplifying workflows and lowering barriers for new 3D creators and seasoned professionals alike.
The customer base includes 3D creators making assets for VFX, video games, and AR/VR, as well as businesses in the AEC industries that share a common need of creating and managing digital 3D content. So far, Polycam users have made over 20M 3D models, performed over 50M 3D edits, and generated over 3M PBR textures.
FinSMEs
07/02/2024