Design Collaboration Platform Gravity Sketch Raises £2.9 Million
Gravity Sketch is a product design and collaboration platform which has been around for several years, one of the earlier examples of creating in virtual reality (VR). Today, Gravity Sketch has announced the successful completion of a £2.9 million GBP ($3.7 million USD) seed investment round to help scale up the platform.
Led by Kindred Capital, the funding round also saw participation from Point Nine Capital and previous investors Forward Partners, bringing total investment raised by Gravity Sketch to $5.4 million. Funds will be used to make the platform entirely hardware-agnostic across VR hardware as well as iPad, mobile, and desktop which are all in beta currently.
Gravity Sketch features a range of tools for creating 3D models whilst offering users the ability to import files to aid the design process. One of its most recent updates in 2020 added the ability for enterprise customers to collaborate, working together in real-time. Current clients include Ford, Nissan and Reebok alongside 60 universities and other creative professionals.
“For years, product designers and engineers across myriad industries have been confined to technologies that aren’t fit for purpose to create and develop products for the physical world, with lengthy iterative processes causing protracted product development cycles, unnecessary costs, and a host of design frustrations,” said Oluwaseyi Sosanya, CEO and co-founder of Gravity Sketch in a statement. “Gravity Sketch gives design and engineering teams across the globe a way to create, collaborate, and communicate together in the same virtual space, and in real-time. Today’s investment will help us make our technology as accessible and inclusive as possible.”
“The acceleration of remote working in the digital design and tech space over the years has resulted in more demand than ever before for remote collaboration in the digital 3D landscape. Having already won audiences across some of the biggest names in industry as well as the creative professional community-at-large, the team at Gravity Sketch has built a powerful set of technologies that we believe will lead to an incredible evolution in industrial and digital design. The company has huge potential and we’re delighted to support Oluwaseyi, Daniela and the team as they continue to grow Gravity Sketch,” adds Kindred Capital’s Russell Buckley.
Remote collaboration has become a hot topic in 2020 and there are a number of VR applications offering ways of achieving this. As the space continues to expand, VRFocus will keep you updated.
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