Central regions | Finance, business | Technology & innovation
Russian VCs invest in 3D visualization
6 Dec '19
Leta Capital, a Russian VC fund, invested $500,000 in its portfolio company called Unigine. The young company is developing a high-capacity 3D visualization platform that can operate in real time, Firrma.ru reported.
Unigine is said to have plans to use the investment in its international expansion strategy.
Unigine’s technology has already been quite welcomed across Asia, as well as in some European countries, in Australia, and in Russia. The company also wants to expand to North America. Unigine’s key customers are B2B companies such as transportation operators, aircraft builders, architects and civil engineering organizations, and other companies that need high-quality 3D visualization in real time.
Leta Capital joined Unigine’s shareholders last year. The fund focuses on IT start-ups that serve B2B and B2C market segments and have international presence. There are more than 20 young companies in Leta Capital’s portfolio.