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HomeFunding CA-based Kaedim Secures $15Million in Series A Round Funding

[Funding alert] CA-based Kaedim Secures $15Million in Series A Round Funding

Kaedim is an expert in creating state-of-the-art Machine Learning algorithms that convert photos into 3D digital models secures $15 million in Series A funding.

Kaedim is an expert in creating state-of-the-art Machine Learning algorithms that convert photos into 3D digital models secures $15 million in Series A funding.

Pioneer Fund, Nate Mitchell (co-founder of Oculus), Eden Chen (CEO of Pragma), Siqi Chen (CEO of Runway), Tom Blomfield (co-founder of Monzo), Patrick Pitchette (former CFO of Google), Sterling Snow (former CRO of Divvy), and Jane Walerud (founder of a serial deep tech company) were among those who participated in the round led by A16Z GAMES.

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The company plans to utilise the money to grow its staff, enter new markets, add novel features and tools to its platform, and invest in innovation.

Kaedim, under the direction of CEO and founder Konstantina Psoma, presently provides AI solutions to speed up the creation of digital 3D assets. These days, it can create 3D models from a single photograph and speeds up the whole 3D workflow. With built-in functions like Texturing, Levels of Detail, and UV unwrapping, it can generate ready-to-use 3D assets for any 3D process in any industry or game.

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The company has over 250 large-scale clients, including Voodoo, Voldex, Zerospace, and Upland, and has generated revenue above seven figures annually. Furthermore, the platform’s user base is expanding at a rate of 20,000 new creators every month. These creators might range from individuals to Fortune 100 development teams from a variety of industries, including video games, commerce, architecture, product design, and animation.

About Kaedim

Kaedim is an expert in creating state-of-the-art Machine Learning algorithms that convert photos into 3D digital models. Their main goal is to help game developers by providing a 10x acceleration in their pipelines for producing 3D assets.

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