• Hexa, a 3D modeling company, has raised $20.5 million in its latest funding round to facilitate the task of bringing products into the metaverse.
• It will allow the company to expand its current workforce involved in engineering and business tasks, to improve the workflow of the company.
• The tech has different uses like creating complete metaverse stores and helping gaming engines like Unity to populate their assets for third parties.
Hexa Raises $20.5 Million
Hexa, a 3D modeling company, has raised $20.5 million in its latest funding round to facilitate the task of bringing products into the metaverse. This new injection will ostensibly allow the company to expand its current workforce involved in engineering and business tasks, to improve the workflow of the company.
Investors
The Series A funding round was participated by Point72 Ventures, Samurai Incubate, Sarona Partners, and HTC. This investment will allow Hexa to extend its current workforce to tend to a growing number of customers seeking its services which tripled this year.
Process
Hexa’s process consists in taking real products to metaverse worlds through semi-automatic modeling using AI algorithms and engineers that transform catalogs of 2D images into 3D assets that can be used by different platforms such as stores or gaming engines like Unity for third-party experiences.
Differentiating Factor
Hexa wants to differentiate itself from other players in three key aspects: ease of use, quality of 3D conversions, and support; providing an edge over other companies that have to build products from scratch with high fidelity models aligned with source imagery for compliance at pixel accuracy level or better.
Conclusion
Hexa is working with stores like Macy’s, Logitech, and Unity thanks to this investment that allows them to grow their workforce and operations while providing innovative solutions for their customers