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Home COUNTRY SCANDINAVIA&BALTICS

Oslo-based Sloyd bags €3 million to speed up 3D design for creators and gaming companies

EU Startupsby EU Startups
June 6, 2024
Reading Time: 3 mins read
in SCANDINAVIA&BALTICS, VENTURE CAPITAL
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Sloyd, a Oslo-based pioneering 3D creation technology provider, has announced a €3 million seed funding round. Major global investors have participated in the funding round, including SPEEDRUN, a16z GAMES’ gaming accelerator, Antler, and Skyfall Ventures. Other investors include FreshFund, AceCap, Hartmann Capital and a number of high profile angel investors. The round included a strategic investment from Autodesk, a global leader in 3D design and make technology. 

Founded in 2021, Sloyd is at the forefront of innovative 3D asset creation, enabling creators to rapidly design, customize, and implement 3D assets with unparalleled ease and efficiency. Sloyd creates ‘game quality’ models with a clean topology powered by AI in real time. 

Andreas Edesberg, co-founder of Sloyd, commented: “We are honored to be recognized by the foremost authority in 3D software and creative technologies. The backing of globally respected VC firms and global technology leaders such as Autodesk is invaluable as we endeavor to develop AI solutions tailored to the needs of professionals in 3D, enhancing their workflows.”

The platform’s blend of AI-driven prompting, parametric models, and real-time world generation is making high quality 3D creation available for game developers, professionals in TV/Movie production and architectural visualization. Sloyds unique solution promises to not only speed up creation time for professionals, but also allow gamers themselves to create 3D within games and XR experiences with no waiting time. It is already being used by some of the world’s largest gaming companies.

3D modeling is one of the world’s fastest growing industries with creators quickly adopting new technologies, something Sloyds over 250.000 users signups is a true testament to. The market is expected to grow to a global value of $32 billion in the next ten years. 

While many are concerned about IP challenges when it comes to AI solutions in the design space, Sloyd has solved this by only utilizing their own created data. When users prompt for a 3D model, they can safely generate and customize models that are not infringing on any 3rd party data, which is surely assuring for the industry as a whole. 

Founders of Sloyd, Andreas Edesberg and Avi Latner, first met during an Antler residency in Oslo in 2021. They now lead a global team of 13 experts in gaming, AI and 3D modelling. Andreas Edesberg has extensive experience in innovation strategy and creative industries, having held a number of senior positions at Deloitte Digital. Whilst Avi Latner has led product development at a number of fast-growth startups in the US and Israel. 

Kristian Jul Røsjø, Partner at Antler, added: “Sloyd is harnessing AI to transform 3D creation for creators around the world. This is a fast growth industry that is attracting significant levels of investment and innovation. Sloyd have firmly positioned themselves as pioneers in this space and the investment is testament to their ambition and potential. We are delighted to have supported Andreas and Avi from day zero and have every confidence in their future success.”

Read the orginal article: https://www.eu-startups.com/2024/06/oslo-based-sloyd-bags-e3-million-to-speed-up-3d-design-for-creators-and-gaming-companies/

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June 6, 2023

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