Latest news with #SpeedInvest
Fashion Network
29-05-2025
- Business
- Fashion Network
SpAItial raises $13 million to develop AI-powered 3D design tools
While AI-driven 2D image generation is becoming increasingly sophisticated, attention is turning to AI use in the field of 3D design, in which Munich-based company SpAItial, which has recently completed a $13 million funding round to boost its growth, is currently active. On May 27, SpAItial announced it carried out a funding round led by the Earlybird Venture Capital investment fund, and also backed by SpeedInvest and a group of 'prominent' business angels. 'We are focused on improving our models' core capabilities, developing the technical foundations to support a scalable deployment, and expanding our team with exceptional talent in AI, graphics, and 3D systems,' said SpAItial. The market for the design of 3D environments and objects is being closely monitored by various sectors, like the product manufacturing industry, and real estate, where AI tools are used to visualise projects. Marketing and media specialists are interested too, with many companies increasing their investments in ad campaign generation tools. Not to mention the videogame sector, keen to use AI to generate scenery. Several notable players have already emerged in this domain, like US company World Labs, valued at more than $1 billion, and its compatriot Odyssey, which raised $27 million at the end of 2024.
Fashion Network
29-05-2025
- Business
- Fashion Network
SpAItial raises $13 million to develop AI-powered 3D design tools
While AI-driven 2D image generation is becoming increasingly sophisticated, attention is turning to AI use in the field of 3D design, in which Munich-based company SpAItial, which has recently completed a $13 million funding round to boost its growth, is currently active. On May 27, SpAItial announced it carried out a funding round led by the Earlybird Venture Capital investment fund, and also backed by SpeedInvest and a group of 'prominent' business angels. 'We are focused on improving our models' core capabilities, developing the technical foundations to support a scalable deployment, and expanding our team with exceptional talent in AI, graphics, and 3D systems,' said SpAItial. The market for the design of 3D environments and objects is being closely monitored by various sectors, like the product manufacturing industry, and real estate, where AI tools are used to visualise projects. Marketing and media specialists are interested too, with many companies increasing their investments in ad campaign generation tools. Not to mention the videogame sector, keen to use AI to generate scenery. Several notable players have already emerged in this domain, like US company World Labs, valued at more than $1 billion, and its compatriot Odyssey, which raised $27 million at the end of 2024.
Fashion Network
29-05-2025
- Business
- Fashion Network
SpAItial raises $13 million to develop AI-powered 3D design tools
While AI-driven 2D image generation is becoming increasingly sophisticated, attention is turning to AI use in the field of 3D design, in which Munich-based company SpAItial, which has recently completed a $13 million funding round to boost its growth, is currently active. On May 27, SpAItial announced it carried out a funding round led by the Earlybird Venture Capital investment fund, and also backed by SpeedInvest and a group of 'prominent' business angels. 'We are focused on improving our models' core capabilities, developing the technical foundations to support a scalable deployment, and expanding our team with exceptional talent in AI, graphics, and 3D systems,' said SpAItial. The market for the design of 3D environments and objects is being closely monitored by various sectors, like the product manufacturing industry, and real estate, where AI tools are used to visualise projects. Marketing and media specialists are interested too, with many companies increasing their investments in ad campaign generation tools. Not to mention the videogame sector, keen to use AI to generate scenery. Several notable players have already emerged in this domain, like US company World Labs, valued at more than $1 billion, and its compatriot Odyssey, which raised $27 million at the end of 2024.
Fashion Network
29-05-2025
- Business
- Fashion Network
SpAItial raises $13 million to develop AI-powered 3D design tools
While AI-driven 2D image generation is becoming increasingly sophisticated, attention is turning to AI use in the field of 3D design, in which Munich-based company SpAItial, which has recently completed a $13 million funding round to boost its growth, is currently active. On May 27, SpAItial announced it carried out a funding round led by the Earlybird Venture Capital investment fund, and also backed by SpeedInvest and a group of 'prominent' business angels. 'We are focused on improving our models' core capabilities, developing the technical foundations to support a scalable deployment, and expanding our team with exceptional talent in AI, graphics, and 3D systems,' said SpAItial. The market for the design of 3D environments and objects is being closely monitored by various sectors, like the product manufacturing industry, and real estate, where AI tools are used to visualise projects. Marketing and media specialists are interested too, with many companies increasing their investments in ad campaign generation tools. Not to mention the videogame sector, keen to use AI to generate scenery. Several notable players have already emerged in this domain, like US company World Labs, valued at more than $1 billion, and its compatriot Odyssey, which raised $27 million at the end of 2024.
