202320 Jul

Darmstadt-based deeptech startup DGG secures €4 million to build successful 3D infrastructure for retailers

Summary

The round was led by European VC IRIS alongside existing investors RenderedVC, FTTF, 3VC, as well as Business Angels Charlie Songhurst and Chris Schagen. Their technology represents an essential building block for successful 3D infrastructures as their experienced team is developing many product enhancements that fulfill its mission, making 3D accessible to all and we are pleased to support DGG in this endeavour.“ The German deep tech company was founded in 2018, built over 8 years of research at the world-famous Fraunhofer Institute (creator of the MP3 format) where co-founders Max Limper, Miguel Sousa, Julian-Alexander Neagu, Sebastian Wagner and Felix Limper originally met. Our ultimate goal is to make 3D technology accessible to all retailers and product creators through an API with the essential building blocks, and this new funding will help us boost our growth and R&D,”, added Max Limper, DGG’s Co-Founder and CEO. DGG is already serving several leading retailers worldwide, including Adidas, Crate & Barrel, and Otto Group, as well as key eCommerce platform partners, such as Shopify and Adobe. The DGG team is also working on a new product that automatically converts “offline” CGI assets to real-time 3D formats, which will be presented at the SIGGRAPH conference in Los Angeles this August.

Source: Eu-startups

Funding

$4.38M
Amount
Jul 20 2023
Date
-
Investor
DGG
Company

Classifications

Companies