Gracia AI, a Wilmington, DE, USA-based artificial intelligence (AI) and spatial computing technology company, secured $1.2 million in seed funding.
It also unveiled its AI-powered solution that allows for the creation of photorealistic volumetric videos for spatial computing with 6 degrees of freedom viewing.
Investors
The investment was from The Venture Reality Fund, Triptyq Capital, LVL1 Group, and Future Fund.
Gracia AI Use of Funds
The company will use the funding used to expand its team and support the launch of its platform, which integrates YouTube-like viewing capabilities with the interactive potentials of spatial computing.
About Gracia AI
Gracia AI specializes in artificial intelligence (AI) and spatial computing technology. The company has developed an AI-powered platform that enables the creation of photorealistic volumetric videos, providing six degrees of freedom (6DoF) viewing. Designed to cater to professional creators and media companies, Gracia AI's technology leverages advancements in AI, specifically radiance fields.
Funding Details
Company: Gracia AI, Inc.
Raised: $1.2M
Round: Seed Round
Funding Month: June 2024
Investor: The Venture Reality Fund, Triptyq Capital, LVL1 Group, Future Fund
Company Website: https://www.gracia.ai/
Software Category: AI-powered Volumetric Video Tools
Source: https://www.auganix.org/vr-news-gracia-ai-launches-volumetric-video-tools-for-spatial-computing-and-announces-1-2m-investment/