Gracia AI Secures $1.2 Million in Seed Round

Gracia AI Secures $1.2 Million in Seed Round

Gracia AI, a Wilmington, DE, USA-based artificial intelligence (AI) and spatial computing technology company, secured $1.2 million in seed funding.

It also unveiled its AI-powered solution that allows for the creation of photorealistic volumetric videos for spatial computing with 6 degrees of freedom viewing.

The investment was from The Venture Reality Fund, Triptyq Capital, LVL1 Group, and Future Fund.

The company will use the funding used to expand its team and support the launch of its platform, which integrates YouTube-like viewing capabilities with the interactive potentials of spatial computing.

Gracia AI specializes in artificial intelligence (AI) and spatial computing technology. The company has developed an AI-powered platform that enables the creation of photorealistic volumetric videos, providing six degrees of freedom (6DoF) viewing. Designed to cater to professional creators and media companies, Gracia AI's technology leverages advancements in AI, specifically radiance fields.

Funding Details

Company: Gracia AI, Inc.

Raised: $1.2M

Round: Seed Round

Funding Month: June 2024

Investor: The Venture Reality Fund, Triptyq Capital, LVL1 Group, Future Fund

Company Website: https://www.gracia.ai/

Software Category: AI-powered Volumetric Video Tools