Buying things online has become part of our everyday lives, but that doesn���t mean it doesn���t have its drawbacks.
One of the main ones is the consumer���s inability to see the product in all its dimensions.
Paris-based thinks it may be able to change that. The e-commerce and visualization company just banked $100 million in a Series B funding led by to help.
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The company���s platform allows retailers to create and display 3D product visuals through CGI technology. This helps potential customers understand the product’s look and dimensions.
Broader implications
Such a platform may become even more valuable as companies explore the metaverse and 3D visualization may not just be something nice to have as a retailer, but rather a necessity.
“E-commerce is increasingly virtual and consumers yearn for immersive online shopping and personalized experiences, yet e-merchandising���the link between the product, the consumer, and the online cart���was broken,��� said , the company���s founder and CEO. ���So, we helped fix it by building a one-stop solution for creating, displaying and managing unlimited product visuals almost instantly.���
The e-commerce sector has exploded through the years on both the consumer and the venture investing side. In its announcing the raise, nfinite said e-commerce is forecasted to grow 50%���reaching sales of $7.4 trillion���through the next four years, according to .
E-commerce startups overall
Investors have taken note. , VC-backed e-commerce startups raised a record $82 billion last year, as online shopping continued its pandemic growth. Thus far this year, e-commerce startups have raised about $21 billion.
The new raise is nfinite���s second in just four months. It announced a $15 million Series A in February. Founded in 2017, the company has now raised more than $122 million to date, according to 蹤獲弝け data.
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