Cupix, a Korean VR tech startup, locks down $5.4M USD (6B KRW) investment from three venture investment firms.
The 3D startup uses what it calls, ‘Digital Twin’ technology. It creates a 3D space by using a few 360-degree pictures alone. By utilizing this technology, virtual reality experience services can be conveniently implemented, notably the real estate and architecture industries.
“Currently, more than 90% of customers are foreign companies, so our solution is recognized for their usefulness in the global market.”
“We are also participating in the Korea Creative Tech Forum, which was launched last year to develop innovative real estate services, and are trying to find a win-win model with various companies in the proTech field such as real estate development and information services, shared platforms, AR and VR.”
CEO Bae Seok-hoon of Cupix.