Covision Media, a Bressanone-based company, raises €5 million in seed funding to expand and develop its 3D scanning technology for global commercialization.
The investment round was led by the Artificial Intelligence Fund of CDP Venture Capital, Euregio+, and Redstone, along with a group of high-profile angel investors.
Covision Media's 3D scanning technology is used for automating the production of reality-grade 3D models and driving the development of new software-driven 3D AI products.
The funding will support the enhancement of generative AI models and the expansion of 3D content applications, catering to industries such as e-commerce, gaming, and industrial production.