US-headquartered has snapped $1.2 million in seed investment. The investment came from The Venture Reality Fund, Triptyq Capital (which backed and ), led by the founder of Vrvana (acquired by Apple), LVL1 Group, and Future Fund.
In addition to this, the company unveiled its AI-powered technology, designed for professional creators and media companies, to create first-of-its-kind photorealistic volumetric videos for Spatial Computing with 6 degrees of freedom viewing. The proceeds will be used to strengthen the company’s team and support the launch of a platform that combines the viewing capabilities of platforms like YouTube with the interactive and creative potentials of Spatial Computing. Currently functioning on all major Virtual Reality headsets, Gracia AI has already been tested by over 1,000 tech enthusiasts and will soon be accessible on desktop, mobile devices, and the Apple Vision Pro.
“Bringing lifelike volumetric video is the holy grail of Spatial Computing content. Previous methods relying on photogrammetry were very limited but new breakthroughs in AI that use radiance fields represent a game change for how the real world can be digitally captured and experienced and Gracia AI is bringing that revolution to Spatial Computing. We’ve been waiting for over 10 years for the type of content that Gracia AI will enable and it will have profound effects on how we entertain, educate, and communicate,” stated explained Tipatat Chennavasin, co-founder and General Pa.
