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Avataar raises $45 million to improve consumer shopping experience with life-sized 3D product evaluation

TechCrunch

That’s the reason why the likes of Amazon have historically struggled to move fashion and home decor items online. Avataar helps direct-to-consumer brands and e-commerce marketplaces with shaping their consumer journeys with 3D rendition of products. The six-year-old startup has raised about $55.5 The founding team of Avataar.

3D 232
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LG announces the first 50 participants in its LG Nova program

TechCrunch

LG’s innovation center — LG Nova among friends — today announced that it has selected the first 50 companies for its Mission for the Future global challenge competition. Bigthinx – AI technology focused on fashion retail, wellness and the metaverse with products for body scanning, digital avatars and virtual fashion.

3D 221
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3 technology trends set to revolutionize retail

CIO

To meet this need, leading retail CIOs are deploying innovative frictionless technology solutions that produce a no-queue grab-and-go experience. Realistic 3D visualizations provide a good idea of how a product would look like when viewed from different angles.

Retail 176
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UK’s Mindtech raises $3.25M from In-Q-Tel, among others, to train CCTV cameras on synthetic humans

TechCrunch

Mindtech says Chameleon solves that problem, as its customers quickly “build unlimited scenes and scenarios using photo-realistic smart 3D models”. Our Chameleon platform solves the AI training challenge, freeing the industry to focus on higher-value tasks like AI network innovation. Mindtech CEO Steve Harris.

Training 246
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Sequoia’s Surge reveals 15 India, SEA startups in seventh cohort

TechCrunch

These founders include the former CFO of fashion e-commerce platform Nykaa, machine learning engineers who worked on conversational AI at Meta and the first set of engineers of Uber in India. PixCap is an animation platform that allows users with no design experience to create animations for 3D illustrations, games, and designs.

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Daily Crunch: Citing ‘uncertain mortgage market,’ Better.com rolls out employee buyout plan

TechCrunch

Moar News, fresh from the TechCrunch firehose of tasty morsels of news and commentary: I’m too sexy for Milan, New York, and Hangzhou : Zhiyi Tech raises $100 million to help fashion brands predict bestsellers. Draw me like one of your French grills : OpenAI’s new DALL-E model draws anything — but bigger, better, and faster than before.

Marketing 235
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The Future of AI in Design: Exploring the Cutting-Edge Technologies and AI Designers Revolutionizing the Creative Industry

Openxcell

It also helps in innovating and streamlining the design process while being more accessible to people who are not familiar with traditional designing techniques. From creating virtual prototypes of products to immersive 3D visualizations, AR/VR has changed the way we interact with the physical world.

UI/UX 52