Meshcapade, a Tubingen, Germany-based startup specializing in AI solutions for modeling, analysis, and synthesis of 3D digital humans in motion, announced a successful $6 million seed funding round led by Matrix. Diana Kimball Berlin of Matrix will join Meshcapade's board.
The round saw participation from prominent tech founders and investors, including Nate Mitchell (Co-Founder of Oculus), Matthew Ball (Author of "The Metaverse"), William O'Farrell (Co-Founder of BodyLabs), Andrew Hamel (Former VP of Machine Learning at Amazon), Gary Bradski (CSO at OpenCV), and CLO (a provider of leading 3D clothing software).
The infusion of funds from this round will expedite its progress in developing the 3D digital human foundation that caters to diverse industries.
Meshcapade offers user-friendly APIs and web-based tools that enable the conversion of images, videos, 3D scans, motion capture data, text, and measurements into high-accuracy 3D digital humans.
Naureen Mahmood, Co-Founder and CEO of Meshcapade explains: "As our lives become increasingly digital, we have a growing need for accurate, scalable and portable 3D representations of ourselves in the virtual spaces we inhabit. Our technology is the de-facto standard for 3D humans in AI, with a myriad of companies already using SMPL. This funding round will enable us to accelerate our development of the 3D digital human foundation for every industry."
Meshcapade's core mission is to enhance technology by building the "digital human layer" of the internet, focusing on modeling, analyzing, and synthesizing human motion.
Company: Meshcapade GmbH
Raised: $6.0M
Round: Seed Round
Funding Month: June 2023
Lead Investors: Matrix
Additional Investors: Nate Mitchell, Matthew Ball, William O'Farrell, Andrew Hamel, Gary Bradski, and CLO
Company Website: https://www.meshcapade.com/
Software Category: 3D AI Model Generator
About the Company: Founded in 2018 by Naureen Mahmood, Talha Zaman, and Michael J. Black, spun out of the Max Planck Institute for Intelligent Systems, Meshcapade is a platform for the creation, animation, sharing, and use of realistic 3D digital humans. It has served over 100 clients spanning various industries such as apparel, fitness, synthetic data, AR/VR, telepresence, and entertainment, including six of the leading NASDAQ companies. Located in Tübingen, Germany, Meshcapade's technology is leveraged by prominent corporations, academic research labs, and a vast network of startups. Meshcapade's products are powered by the SMPL Standard family of body, face, hand, and foot models, the only commercially available solutions for 3D humans that use machine learning to represent accurate body shape and motion. Meshcapade's goal is to build best-in-class foundation models for the analysis and synthesis of 3D human motion and appearance.
Source: https://www.prnewswire.com/news-releases/meshcapade-raises-6m-to-train-foundation-models-for-the-analysis-and-generation-of-3d-humans-301850564.html