3D Creation Tool Polycam Bags $18 Million

<p><strong>SAN FRANCISCO<&sol;strong><strong> &&num;8212&semi; Polycam&comma; developer of a 3D creation tool for iPhone and Android&comma; has landed &dollar;18 million Series A funding round led by Left Lane Capital and Adjacent with participation by Adobe Ventures and a stellar group of angel investors including Chad Hurley &lpar;YouTube&rpar;&comma; Shaun Maguire &lpar;Sequoia&rpar;&comma; Julien Chaumond &lpar;HuggingFace&rpar; and Barry McCardel &lpar;Hex&rpar;&period; Using computer vision and AI&comma; Polycam is building powerful tools for 3D creation and editing that enable anyone to easily make photorealistic 3D assets&period; With nearly 100k paid subscribers&comma; strong revenue growth and an enthusiastic user base&comma; Polycam solidifies its position as the leader in easy-to-use 3D capture and editing&period;<&sol;p>&NewLine;<p>&&num;8220&semi;The demand for 3D content is rapidly growing&comma; accelerated by the release of the Vision Pro&&num;8221&semi;&comma; says Chris Heinrich&comma; co-founder and CEO of Polycam&comma; &&num;8220&semi;yet the 3D creator tools of today&comma; which have steep learning curves and tedious workflows&comma; are ill-equipped to meet this demand&period; We are democratizing 3D creation by building Polycam from the ground-up to be AI-first&comma; cloud-first&comma; and collaboration-first&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Polycam was founded three years ago by Chris Heinrich and Elliott Spelman&comma; who had just spent two years working together at Ubiquity6&comma; a startup ahead of its time working on 3D scanning and AR&period; &&num;8220&semi;3D capture is where photography was at the start of the 20th century&comma;&&num;8221&semi; says Spelman&period; &&num;8220&semi;We see Polycam as the 3D equivalent of the Kodak Brownie camera &&num;8211&semi; an easy way for millions of people to gain access to a magical&comma; new kind of imaging technology&period;&&num;8221&semi; Since its launch in late 2020&comma; Polycam has become the go-to app for making 3D scans with the iPhone&&num;8217&semi;s LiDAR scanner&period;<&sol;p>&NewLine;<p>Building off the success of LiDAR scanning&comma; Polycam has added cloud photogrammetry&comma; Gaussian Splatting&comma; 360 image capture&comma; and a growing suite of tools for editing and collaboration&period; While iOS continues to be Polycam&&num;8217&semi;s largest channel&comma; a growing number of customers use Polycam on the web and Android as well&period; Starting today&comma; Polycam is also now available on the Apple Vision Pro&comma; bringing their creator community and content to immersive 3D for the first time&period;<&sol;p>&NewLine;<p>Polycam&&num;8217&semi;s customer base includes 3D creators making assets for VFX&comma; video games&comma; and AR&sol;VR&comma; as well as businesses in the AEC industries that share a common need of creating and managing digital 3D content&period; So far&comma; Polycam users have made over 20M 3D models&comma; performed over 50M 3D edits&comma; and generated over 3M PBR textures&period;<&sol;p>&NewLine;<p>&&num;8220&semi;The founders&comma; Chris Heinrich and Elliott Spelman&comma; have the deep domain knowledge and technical nimbleness to position Polycam as the leader within the rapidly evolving 3D creation market&period; We have developed strong conviction in them as highly adept technical leaders&comma; well-suited to steer a growing team on their product-led growth journey&comma;&&num;8221&semi; says Harley Miller&comma; CEO and Managing Partner at Left Lane Capital&period; &&num;8220&semi;The incumbent 3D tools&comma; such as Maya and Cinema4D&comma; were created in the 90s and lack many of the features expected of modern creator tools&comma; such as AI powered and collaborative workflows&comma; that Polycam is building into the core of their product&period; We are confident that Polycam will continue to push the 3D market forward ahead of its peers&comma; democratizing access for a new generation of 3D creators&period;&&num;8221&semi;<&sol;p>&NewLine;<p>This investment brings Polycam&&num;8217&semi;s total funding to &dollar;22M&comma; and will help Polycam hire engineers and researchers to expand their suite of creation tools and train AI foundation models for 3D reconstruction&period; <&sol;p>&NewLine;

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