Hexa is working with retailers to bring their products into the metaverse so you can browse and shop in VR and AR. You’ve probably never heard of Hexa, but the 3D asset management company is on the rise in the business world with a $20.5 Million Series A round of investments. Founded in 2018, Hexa works with such notable clients as Macy’s, Logitech, Unity, and Crate & Barrel.
To fill the limitless worlds of the metaverse, millions of 3D objects are needed, making the Hexa 3D platform attractive to investors anticipating a growth opportunity. Hexa’s efforts are diverse but primarily focus on making retail products available as 3D objects that can be viewed in VR headsets, AR devices, and computer browsers. (...)
Who’s investing in the metaverse?Venture capital firms Point72 Ventures, Samurai Incubate, and Sarona Partners, as well HTC, the creator of the new Vive XR Elite headset, participated in Hexa’s recent $20.5 million round of funding. $1.2 million in pre-seed funding and $5.5 million in seed funding rounds were raised before the latest investments, making Hexa’s total financing $27.2 million. This will fund expansion beyond the current team of 100 employees involved in engineering and business development. Hexa is also partnering with Google, Microsoft, and Snap, among others. (...)