3D Geometric Search Company Physna Raises $56 Million In Series B Funding

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The funding was led by venture capital firm Tiger Global with participation of Google Ventures and Sequoia Capital. It brings the intelligent 3D platform's total financing to $86 million.

Using advanced algorithms and complex mathematics, Physna’s 3D technology enables customers to detect different components of an object and locate other objects that might contain the same component. Using alternative components while designing a physical object can help save customers’ time and money, Powers says. It also improves design and quality control.

Physna Enterprise, its deep-learning platform and Thangs, its free geometric search engine which allows users to search, store, share and collaborate on 2.5 million 3D models.Though Physna’s technology has more than 300 use cases across a gamut of industries ranging from retail to agriculture to architecture, the company is focused on automotive, aerospace, oil and gas and other key areas, Powers says. One of Physna’s customers is the U.S. Department of Defense and Defence Logistics Agency.

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