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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. Construction tech startup Agora raises $33M in Tiger Global-led round amid 760% YoY ARR growth.

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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.

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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

Similarly, clothing brand Under Armour recently produced an ad that used AI-generated 3D models of the British boxer Anthony Joshua, based on videos they took of him in the past. Turbo on it, and created a virtual innovation assistant that associates can use to ask questions and get relevant answers.”

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5 measures to gauge your digital portfolio maturity

CIO

When WGI and Columbia Universities’ Global Leaders in Construction Management polled over 570 end users about strategic technology trends they saw having the most business impact on the infrastructure industry in 2023, they cited AI and ML at 32%, augmented and virtual reality (AR and VR) at 13%, and 3D printing at 12%.

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Gaussian Splatting: Painting Immersive Scenes With Reality

CableLabs

If you didn’t catch our previous post , we looked at Neural Radiance Fields (NeRF) for their ability to “memorize” beautiful, photorealistic 3D snapshots of the real world. As it turns out, the answer to this problem came in a paper at SIGGRAPH 2023 : 3D Gaussian Splatting for Real-Time Radiance Field Rendering.

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Daily Crunch: US law enforcement charges SBF with fraud as he awaits extradition after Bahamas arrest

TechCrunch

The trillion-dollar construction industry isn’t known for its efficiency, accused of failing to move with the times and ignoring digitization in favor of legacy tools, Paul reports. There is plenty of evidence that things are changing, with countless startups raising large sums of cash to help the construction industry modernize.

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Here are the 23 companies pitching at Alchemist Accelerator’s Demo Day XXVIII today

TechCrunch

Like the last few Alchemist batches, this one was entirely virtual — a move that Alchemist director Ravi Belani tells me has proven to work well, noting that attendance of their virtual demo day is “up 100%” over its in-person equivalent. This latest cohort comes in at 23 companies. Image Credits: Tensorfield.

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