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Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

TechCrunch

Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 Apple also waded into the area of virtual reality, working on developing a high-end VR headset. million (13 billion won) in a Series B+ round as it scales up.

3D 189
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Luma raises $4.3M to make 3D models as easy as waving a phone around

TechCrunch

The company has developed a new neural rendering technology that makes it possible to take a small number of photos to generate, shade and render a photo-realistic 3D model of a product. In other words: you can see a 3D image of the product you’re considering in a VR headset. Image Credits: Luma.

3D 247
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5 measures to gauge your digital portfolio maturity

CIO

The motivations to digitize client-facing solutions vary but are often both push and pull: a push from your organization to grow revenues, gain competitive advantage, and further differentiate products and services, and a pull by the market looking for the latest technologies such as AI/ML, AR/VR, and digital twins for immediate business benefit.

VR 287
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5 Principles to Ensure Successful Implementation of AR/VR in Real Estate Firms

Trigent

AR/VR in real estate presents the perfect solution to the changing needs of discerning customers. The global AR VR in the real estate market ecosystem 1 is expected to grow at a CAGR of 31.2%, increasing in value from USD 298.6 The virtual experience evokes strong emotions giving potential buyers the feel of owning the place.

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Top 10 AR Trends That Will Shape The Future Of Augmented Reality

Openxcell

It may have started out as a way to bring virtual objects into the real world, but it has evolved into a valuable tool for a variety of industries over the past few years. More than 60% of shoppers prefer to shop by utilizing Augmented Reality, and 46% of shop owners are impressed by the AR/VR solution.

Trends 52
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Digital Product Trends That Will Shape 2023

UruIT

Bridging the Digital and Physical World The gap between the physical and virtual worlds will have narrowed considerably by 2023. This integration comprises two parts: digital twin technology and 3D printing. Customers will have the same in-depth interactions with a brand in the metaverse as they do in the real world.

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Digital twins are primed to revolutionize the infrastructure industry

CIO

Elaborating on some points from my previous post on building innovation ecosystems, here’s a look at how digital twins , which serve as a bridge between the physical and digital domains, rely on historical and real-time data, as well as machine learning models, to provide a virtual representation of physical objects, processes, and systems.