The seed round was led by BITKRAFT Ventures.
Arcturus revealed a $5 million seed round led by BITKRAFT Ventures. The money will be used to boost the software development team, focus efforts on sales growth, and expand the product line.
The project was launched by a management team with years of experience innovating at Netflix, Autodesk, Pixar, Dreamworks, Google, YouTube, and Uber. They want to revolutionize the immersive content across a range of verticals including e-commerce, music, sports, interactive media, and gaming.
Volumetric video allows users to experience live-action content in new ways. You can view sports in holographic form, experience photorealistic virtual performances, engage with interactive digital human assistants, and more.
"Volumetric technology is exciting for a simple reason: it starts with reality. Think about it: Most of today’s digital media—music, photos, or film—begin with capturing the real world. Thanks to Arcturus’ extraordinary technology, a future where you record yourself, your friends, or your environment with a LIDAR-enabled smartphone, and transport them into the next interactive and 3-dimensional social media post, product showcase, or video game is closer than ever," said Moritz Baier-Lentz, Partner at BITKRAFT Ventures.
The team’s flagship product is HoloSuite, a SaaS platform for editing and distributing volumetric video, featuring HoloEdit and HoloStream. The platform allows users to author, edit, and stream volumetrically captured performers and environments and can be interacted with on any desktop browser and smart mobile devices.
Learn more in our interview with the company and visit the team's official website. Don't forget to join our new Telegram channel, our Discord, follow us on Instagram and Twitter, where we are sharing breakdowns, the latest news, awesome artworks, and more.