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Texel

Texel

Private
London, EnglandConsumer & Commercehttps://texelvr.com/

Last Round

Seed

Sep 2, 2020

Total Funding Raised

$2.32M

Company Overview

Texel is a technology company that develops and manufactures professional 3D scanners and artificial intelligence-based solutions for creating digital avatars. Founded in 2014, the company's flagship product is the Texel Portal, a full-body 3D scanner that can generate a photorealistic 3D model of a person in under a minute. The technology is built on years of scientific research in computer vision and machine learning. Texel's solutions cater to various industries, including retail for virtual fitting rooms, medicine for tracking physical changes, and the entertainment industry for creating digital avatars for events and VR/AR systems. The company originated in Russia and has since expanded, with offices in the UK and Kazakhstan and clients in over 15 countries.

Sector

Consumer & Commerce

Verticals

E-commerce, Retail Technology, Computer Vision, AR/VR Experiences, Sports & Fitness

Business Model

B2B

Customer Profile

Hardware Sales, Hardware + Subscription, Subscription SaaS, Services & Consulting, Data as a Service

AI Layer

Application

Keywords

3D body scannervirtual try-ondigital avatars3D avatar generationvirtual fitting roomfashion techbody measurement software3D body measurementsretail techscan-to-avatarcomputer vision software3D model processingmobile body scanning3D body scan datadata as a serviceDaaS

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Texel Comparables

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Texel comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
TG3D Studio
84%
Bodd
83%
Sizer Technologies
78%

Texel Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedSep 2, 2020
SeedMay 13, 2019
SeedJul 27, 2018

Texel Investors

Notable investors and investment history

Texel investors
InvestorRounds
SistemaSeed
Internet Initiatives Development FundSeed

Market signals

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  • Sep 2, 2020

    $2M raised, led by Sistema.

  • Jul 27, 2018

    $820K round led by Internet Initiatives Development Fund

Texel Filings

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TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersLondon, England
Year Founded2014
Last FundingSep 2, 2020

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