Elev8 will invest in growth-stage, technology-driven companies with a ticket size of $5-15 million, the firm said
VC Firm Elev8 Launches $200 Million India Focused Fund: Report Photo: Elev8 will invest in growth-stage, technology-driven companies with a ticket size of $5-15 million, the firm said
info_icon

Cloud-based 3D reconstruction application Preimage has raised Rs 14 crore in a seed round from pi Ventures, Better Capital, Java Capital and other angel investors.

The fresh capital will be utilised to strengthen its product, scale up the team across business segments as well as to build a robust go-to-market motion in the drone-based mapping and surveying use cases.

Preimage’s AI-first solution generates photorealistic 3D digital clones of environments and assets using photos as input.

The company earlier raised $355K in a pre-seed round led by Better Capital, which also saw participation from Arka Ventures and iSeed Ventures.

Founded by Ugam Kamat and Siddharth Jha, Preimage provides solutions for the generation of 3D digital clones by providing a fast and automated processing workflow that can scale to tens of thousands of images. These 3D digital clones are useful for geometric measurements, visual inspections, 3D graphics, architectural modelling, archaeological preservation, and scientific simulations.

Advertisement

Earlier this year, Preimage released a beta version of its product and claims to have engaged more than 200 customers ranging from small businesses to large enterprises across US, India, Asia Pacific and Europe. The company’s open-to-all 3D reconstruction platform will be released later this year.

Advertisement

Advertisement

Advertisement

Advertisement