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Innovation & Industry
News

DGG Rapidly Raises €4M Seed Funding In A Surge Of 3D Tech Popularity

News RoomNews RoomJuly 21, 2023No Comments2 Mins Read

Table of Contents
show
1
Key Takeaways

2
About the Fundraising

3
Investors

Key Takeaways

  • DGG, a deep tech SaaS company, recently raised €4M in Seed funding.
  • The company is behind RapidCompact, the leading platform for 3D data optimization.
  • The company is based in Germany and operates globally in the 3D technology, AI, AR, E-commerce, SaaS, Software, and VR.
  • IRIS led this funding round with participation from 3VC, Charlie Songhurst, Chris Schagen, FTTF, and Rendered VC.

About the Fundraising

DGG, a German-based deep tech SaaS company, has closed €4M in a Seed funding round. They are known for developing RapidCompact, a globally recognized platform for 3D data optimization. With the rise of 3D Technology, AI, AR, E-commerce, SaaS, Software, and VR industries, DGG is carving out a unique niche for itself. The recent funding round took place on July 20, 2023.

For more detailed information about the company and its financial background, check their Crunchbase profile. In total, DGG has raised €4.76M through two funding rounds.

Investors

IRIS led the fundraising event. Additional investors including 3VC, Charlie Songhurst, Chris Schagen, FTTF, and Rendered VC contributed to this fundraising event. Their investment in DGG demonstrates their confidence in the rapidly growing 3D technology and augmented reality markets.


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Keep exploring EU Startups  Nordic Forestry Automation raises a staggering 10 million SEK in its first funding round

Keep exploring EU Startups  Nordic Forestry Automation raises a staggering 10 million SEK in its first funding round

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