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Data Center News > Blog > Investments > Gracia AI Raises $1.2M in Seed Funding
Investments

Gracia AI Raises $1.2M in Seed Funding

Last updated: June 17, 2024 9:34 pm
Published June 17, 2024
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Gracia AI Raises $1.2M in Seed Funding
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Gracia AI, a Wilmington, Delaware, USA — based mostly AI-powered expertise designed for skilled creators and media firms to create photorealistic volumetric movies for Spatial Computing, raised $1.2m in seed funding.

Backers included The Enterprise Actuality Fund, Triptyq Capital,  LVL1 Group, and Future Fund.

The corporate intends to make use of the funds to strengthen the staff and help the launch of its platform.

Led by Andrey Volodin and Georgii Vysotskii, Gracia AI combines the viewing capabilities of platforms like YouTube with the interactive and artistic potentials of Spatial Computing. The startup develops volumetric movies utilizing its personal AI mannequin coaching pipeline. It permits on-device real-time VR rendering with pure parallax results, making certain the exact switch of occasions from the true world to the digital realm. Gracia AI additionally offers full flexibility of digital camera positioning in post-production, enabling the supply of digital camera 2D flythroughs and immersive repeats extracted from initially processed volumetric video. The AI expertise integrates into numerous industries, together with sports activities, leisure, artwork, and style, with content material that may very well be printed on Gracia AI or delivered by way of an SDK on a accomplice’s platform.

At present performing on all main Digital Actuality headsets, Gracia AI has already been examined by over 1,000 customers and can quickly be accessible on each desktop, cell gadgets and the Apple Imaginative and prescient Professional. 

The staff contains 15 prime builders and designers, in addition to a advertising and marketing advisor from Spotify.

FinSMEs

17/06/2024

See also  Optimhire Raises $5M in Funding

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