Startup of 3DLook has raised $6.5M in Series A funding
Congratulations to SVSY.club investors who invested in spring 2020 and the previous investors of the startup: Boost VC, 500 Startups, ICU Ventures, U Ventures, part of Horizon Capital, and supermodel Natalia Vodianova.
Consumers have shifted most of their spending towards e-commerce. Since April 2020 the startup's revenue has increased by 5.6 times.
Investment funds Almaz Capital, TMT Investments and Zubr Capital entered the $ 6.5M Series A round of the startup 3DLook. The total investment in 3DLook thus reached $ 11.2M, not counting the personal investment at the start.The capital will be used to expand the company's management in the United States and establish new research laboratories in the United States and Western Europe. The startup is actively strengthening its technology development centers with the best talent from all over the world, no longer limited to just Ukraine.
In 2020, we witnessed the transition of 3DLook from trial and experimental deployments to long-term contracts. 3DLook has over 100 clients worldwide including industry giants Safariland, Fechheimer Brothers, Berkshire Hathaway.
3DLook will be part of the official standards to be released in the coming months because it is a member of the Institute of Electrical and Electronics Engineers' Mobile Body Scanning Standards.
Vadim Rogovskiy: “This round of fundraising will allow us to achieve personalization in a wide range of industries. Our growth strategy includes expanding into other segments, including better tracking health and fitness progress in apps that show how people's bodies develop after exercise. ”
Partnership with Gerber Technology, LVMH, Nvidia, Browzwear, CLO Virtual Fashion, the network of clients around the world and the ambitious plans of the team are paying off to consumers, retailers and investors who financially support the startup.
Network VC Syndicate Fund is glad to share the startup’s success and looks forward to its future achievements!
You can join deals with experienced VCs and well-known funds in our syndicate club SVSY.club.
Date of publication: 26.03.2021
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