Thus, the startup closed an extended round A for $10 million — in March 2021, 3DLOOK received another $6.5 million, representatives of 3DLOOK reported.
As told in 3DLOOK, the leading investor was the European fund Spidertek. In addition, the Ukrainian fund Flyer One Ventures and Startup.Network and a group of American business angels took part in the round.
The funds raised are planned to scale the new YourFit virtual fitting product. Among other things, quick integration with leading electronic commerce platforms will be added to its functionality, the level of personal data protection will increase, and an updated interface will be implemented, 3DLOOK notes.
By the end of 2021, the total amount of attracted investments by 3DLOOK is $14.7 million, of which $7.9 million was raised during the COVID-19 pandemic. Early investors in the startup include Boost VC, 500 Startups, Almaz Capital, TMT Investments, as well as supermodel Natalia Vodianova.
The exact estimate after the last round of investments in 3DLOOK has not been disclosed. As Vadim Rogovsky told Forbes, 3DLOOK managed to get as close as possible to its goal — the $100 million mark. At the same time, the company has planned a new round for $15-20 million by the end of 2022 — the beginning of 2023.
The 3DLOOK startup is working on a technology for scanning the human body from a photo using artificial intelligence, neural networks and 3D technologies. In 2016, it was started by Vadim Rogovskiy, who previously headed the Clickky company.