The company's AI technology enables on-device real-time VR rendering with natural parallax effects, ensuring the precise transfer of events from the real world to the digital realm. Gracia AI also provides full flexibility of camera positioning in post-production, enabling the delivery of impossible camera 2D flythroughs and immersive repeats extracted from initially processed volumetric video. The technology can be integrated into various industries, including sports, entertainment, art, and fashion, with content that could be published on Gracia AI or easily delivered through an SDK on a partner’s platform.
Key takeaways:
- Gracia AI has raised $1.2 million for its tools for creating photorealistic volumetric videos for spatial computing, with funding from The Venture Reality Fund, Triptyq Capital, LVL1 Group and Future Fund.
- The AI-powered technology is designed for professional creators and media companies, and is currently functioning on all major virtual reality headsets, with plans to be accessible on desktop, mobile devices and the Apple Vision Pro.
- The spatial computing content market is projected to reach over 70 million monthly active users by 2026, propelling the industry’s growth in excess of $7.5 billion.
- Gracia AI's technology enables on-device real-time VR rendering with natural parallax effects, and provides full flexibility of camera positioning in post-production, making it possible for users to experience events like they were actually there.