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Snap quietly acquired 3D-scanning startup Th3rd last year

TechCrunch

Snap quietly acquired Amsterdam-based 3D-scanning studio Th3rd in the second quarter of last year, at a time when the company was looking to bolster its AR-powered commerce ambitions. The company did not disclose the financial terms of the deal. In July 2021, it acquired 3D and AR commerce company Vertebrae.

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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 The company had raised Series A funding of $1.8 billion in 2021, based on Strategy Analytics’ report. The company has about 50 B2B customers. million and an additional $1.2

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Virtual dressing room startup Revery.ai applying computer vision to the fashion industry

TechCrunch

students Kedan Li, Jeffrey Zhang and Min Jin Chong, is creating what they consider to be the first tool using existing catalog images to process at a scale of over a million garments weekly, something previous versions of virtual dressing rooms had difficulty doing, Li told TechCrunch. YC has backed the company with $125,000.

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Daily Crunch: Hackers pinched LastPass customers’ encrypted password vaults, parent company admits

TechCrunch

Carly writes that the company’s owner, GoTo, says hackers stole customers’ encrypted backups. If you like the great outdoors : Strava, the activity tracking and social community platform, acquired Fatmap, a 3D mapping platform for the great outdoors, to make that next hike a doozy, Paul reports.

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3 technology trends set to revolutionize retail

CIO

Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this. From 250 such stores in 2021, the study forecasts the number to touch 12,000 by 2027.

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Automotive simulation platform Morai secures $20.8M Series B to expand its global footprint

TechCrunch

Three co-founders, Jung, Jun Hong and Sugwan Lee, founded the company in 2018 to build autonomous driving simulation platforms that let autonomous vehicle manufacturers simulate real-world test driving. . It also has created partnerships with an array of global companies like Nvidia, Ansys and dSPACE. . The startup posted $1.7

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Generally Intelligent secures cash from OpenAI vets to build capable AI systems

TechCrunch

A new AI research company is launching out of stealth today with an ambitious goal: to research the fundamentals of human intelligence that machines currently lack. “We have an agreement in place for $100 million — that money is guaranteed through a drawdown setup which allows us to fund the company for the long term.

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