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

  • 📰 Forbes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

With 3D printed 'steaks', Spanish startup eyes the mass marketAs demand for plant-based alternatives to meat rises, Barcelona-based startup Novameat is using its 3D printing technology to manufacture vegetarian 'steaks' that it hopes will reach the mass market next year. Amazing. Let's throw a number of fossil-fuel intensive processed refined food in the market, imperil ecology that will in turn kill more life, harm human and planetary health. Bravo. Only one comment! BONKERS!
Source: Reuters - 🏆 2. / 97 Read more »

Disney Sued In Multi-Million Covid Shut-Down Costs Dispute; Insurance Company Insists Policy Doesn’t ApplyThere’s nothing that kicks off a summer holiday weekend like a good blockbuster battle and that’s what the courtroom showdown between the Walt Disney Company and Fireman’s Fund Insurance has all th… i’m surprised we haven’t seen more of these suits. someone’s gonna be left holding the bag. oo ooo oo! corporate on corporate throw down! many paper cuts will be suffered.
Source: DEADLINE - 🏆 109. / 63 Read more »