# Airy3D

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airy3d

- Industry: Software
- Headquarters: Montreal, Canada
- Website: www.airy3d.com
- Total disclosed funding: $14M
- Latest round: Series A (Jul 17, 2018)
- Investors on record: 7

## About

Airy3D, Inc. develops advanced 3D imaging solutions, primarily through its innovative DepthIQ™ technology, which transforms standard 2D image sensors into sophisticated 3D sensing devices for various industries.Founded in 2015, Airy3D, Inc. is headquartered in Montreal, Canada. The company offers cutting-edge 3D imaging solutions through its flagship product, DepthIQ™. Ji-Ho Cho is the founder, while Chris Barrett serves as CEO. The firm has raised USD 10 mn in total funding, with its latest round being a Series A investment led by Intel Capital on July 17, 2018, which included participation from CRCM Ventures, Nautilus Venture Partners, R7 Partners, Robert Bosch Venture Capital, and WI Harper Group. The company has completed a total of 3 deals.AIRY3D specializes in innovative 3D imaging solutions, primarily through its flagship product, DepthIQ™. This technology is the world’s first passive, single-sensor 3D solution that can be adapted to any camera system. DepthIQ™ utilizes patented Transmissive Diffraction Mask (TDM) technology coupled with low-compute image processing to transform standard 2D image sensors into advanced 3D sensing devices. This solution addresses various use cases across multiple industries, including consumer electronics, security, industrial robotics, and automotive sectors, aiming to enhance user experiences and improve machine intelligence. The technology allows for high-quality 2D images and accurate 3D data generation without compromising image pipeline efficiency or device packaging. AIRY3D's offerings are tailored for a global market, with applications in North America, Europe, and Asia, serving a diverse client base that includes mobile device manufacturers, automotive companies, and security solution providers.AIRY3D generates revenue through a business-to-business model, focusing on partnerships and direct sales to manufacturers and system integrators across various sectors. Clients typically engage with AIRY3D for the integration of DepthIQ™ technology into their products or systems, leading to tailored agreements that may involve one-time licensing fees or ongoing royalties based on product sales. The revenue structure is designed around the scalability and customization of the DepthIQ™ platform, accommodating different pricing tiers according to the complexity of integration and the specific needs of the client. This approach allows AIRY3D to maintain robust relationships with key customers, enabling them to leverage advanced 3D capabilities in their devices while ensuring consistent revenue flow aligned with the adoption of next-generation technologies.Airy3D plans to leverage its recent Series A funding of USD 10 mn, raised in July 2018, to further develop its DepthIQ™ platform and expand its market presence. The company is actively designing new products that enhance 3D imaging capabilities, aiming for launches in upcoming quarters. Additionally, Airy3D targets expansion into emerging markets, particularly in Asia and Europe, by the end of 2024, to capitalize on the growing demand for advanced imaging solutions. Recent funding will support the scaling of operations and enhancing product development efforts to meet these strategic goals.

## Funding rounds

- Series A, Jul 17, 2018, $10M — Intel Capital, WI Harper Group, Robert Bosch Venture Capital, CRCM, R7 Partners, Nautilus Venture Partners
- Seed, May 15, 2017, $3.5M — WI Harper Group, Robert Bosch Venture Capital, CRCM, R7 Partners, Nautilus Venture Partners
- Seed, Aug 1, 2015, $0.5M — TandemLaunch

## Investors

- TandemLaunch (https://capitalatlas.ai/funds/tandemlaunch) — Seed
- WI Harper Group (https://capitalatlas.ai/funds/wi-harper-group) — Seed, Series A
- Robert Bosch Venture Capital (https://capitalatlas.ai/funds/robert-bosch-venture-capital) — Seed, Series A
- CRCM (https://capitalatlas.ai/funds/crcm) — Seed, Series A
- R7 Partners (https://capitalatlas.ai/funds/r7-partners) — Seed, Series A
- Nautilus Venture Partners (https://capitalatlas.ai/funds/nautilus-venture-partners) — Seed, Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A