Israel’s Hexa raises $20.5m to support its 3D universe asset management platform

03/02/2023 04:50 • Blockchain Buzz • 146 views

It is reported that Israel’s 3D yuan universe asset management platform Hexa announced the completion of a round A financing of US $20.5 million, with the participation of Point72 Ventures, Samurai Incubate, Sarona Partners and mobile phone manufacturer HTC. The total financing amount has reached US $27.2 million so far. The 3D metauniverse asset model created by Hexa for customers can provide storage, management, distribution and analysis services. At present, Amazon, Unity and other companies produce, manage and deploy 3D assets on the Hexa platform. The relevant models can be easily migrated to web pages, social media sites or game engines. （prnewswire）

Israel’s 3D yuan universe asset management platform Hexa completed a round A financing of US $20.5 million

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Israel-based Hexa recently announced the completion of a round A financing of $20.5 million. This financing was achieved with the participation of well-known venture capital firms such as Point72 Ventures, Samurai Incubate, Sarona Partners, and even mobile phone manufacturer HTC. The total funding raised by the company has reached $27.2 million so far.

What sets Hexa apart from its competitors is that it has created a 3D metauniverse asset model that can provide customers with storage, management, distribution, and analysis services for their assets. The platform allows companies such as Amazon and Unity to produce, manage, and deploy their 3D assets easily. These assets can then be migrated to websites, social media sites, or game engines. The possibilities for this technology are endless.

This platform will benefit the gaming industry in particular by allowing video game developers to manage their assets with ease. Already Unity, a popular video game development platform, has started to use Hexa’s technology for its asset management. This will allow these developers to create more realistic and high-quality 3D graphics with less effort.

One of the reasons Hexa has been able to raise so much capital is that the company is entering a market at a time when the gaming industry is experiencing unprecedented growth. The global gaming market is expected to reach $256.97 billion by 2025, growing at a CAGR of 9.17% during the forecast period of 2020-2025. In addition, with the rise of virtual and augmented reality technologies, the demand for 3D assets will continue to rise in the years to come.

In conclusion, Hexa has seized the opportunity and is well-positioned to take advantage of the gaming industry’s explosive growth. With its powerful 3D universe asset management platform, the company is likely to dominate the market in the near future. It is therefore no surprise that the company has caught the attention of major venture capitalists and mobile phone manufacturers.

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