Hexa Raises $20.5M in Series A

TEL AVIV, Israel, April 4, 2023 — Hexa, a 3D asset visualization and management platform that is used by in-store and online retailers, has raised $20.5 million in a series A round. Hexa’s proprietary technology stack digitizes products using existing 2D images and AI to create a digital twin of the physical object. This digital twin can then be deployed online and in AR applications. Consumers are able to control the interactive models with a cursor, allowing them to inspect the asset from any angle. Hexa also provides storage, management, distribution, and analysis of the models its customers create.

Hexa's funding stands at $27.2 million after pre-seed and seed funding rounds. The company intends to use the funding to facilitate further expansion.

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Published: April 2023

Glossary

machine vision: Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
computer vision: Computer vision enables computers to interpret and make decisions based on visual data, such as images and videos. It involves the development of algorithms, techniques, and systems that enable machines to gain an understanding of the visual world, similar to how humans perceive and interpret visual information. Key aspects and tasks within computer vision include: Image recognition: Identifying and categorizing objects, scenes, or patterns within images. This involves training...