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Chinese 3D modeling startup Deemos raises series A funding
Deemos, a startup specializing in 3D modeling technology, has raised tens of millions of dollars in its series A funding round.
The round was led by DragonBall Capital and ByteDance, with participation from existing investors Sequoia China Seed Fund and Miracle Plus.
Lighthouse Capital served as the financial advisor for the transaction.
The funding will enable Deemos to enhance its 3D large model technologies and expand the global commercialization of its Hyper3D series, centered around its main product, Rodin.
Launched 45 days ago, Rodin has achieved an annual recurring revenue of US$1 million and is experiencing growth in user adoption.
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