Gracia AI Raises $1.2M in Seed Funding to Revolutionize Volumetric Video Creation
Gracia AI is setting new standards in media creation, offering professional creators and media companies the tools to produce photorealistic, interactive volumetric videos.
Company Name: Gracia AI
Location: Wilmington, Delaware, USA
Sector: Technology, Artificial Intelligence
Funding Details: Raised $1.2m in seed funding. Investors include The Venture Reality Fund, Triptyq Capital, LVL1 Group, and Future Fund.
Purpose of Investment: To strengthen the team and support the launch of its platform.
Leadership: Led by Andrey Volodin and Georgii Vysotskii.
Product: Gracia AI is pioneering the development of AI-powered volumetric videos for Spatial Computing, combining the viewing capabilities of platforms like YouTube with the interactive potentials of Spatial Computing. The startup’s proprietary AI model training pipeline facilitates on-device real-time VR rendering with natural parallax effects, which accurately transfers events from the real world to the digital realm. It also allows for post-production flexibility with camera positioning, delivering immersive 2D flythroughs and repeats from volumetric video. This technology caters to industries such as sports, entertainment, art, and fashion, with content that can be published on Gracia AI’s platform or distributed through an SDK on partner platforms.
About Company: Gracia AI is setting new standards in media creation, offering professional creators and media companies the tools to produce photorealistic, interactive volumetric videos. Currently compatible with all major Virtual Reality headsets, and soon to be available on desktop, mobile devices, and the Apple Vision Pro, Gracia AI has already garnered significant user testing with over 1,000 users. With a strong team of developers, designers, and a marketing advisor from Spotify, Gracia AI is poised to transform how audiences engage with digital content.