Cintoo
Assembly Line
Cintoo raises €37M for industrial metaverse and 3D scanning solutions
French-American scale-up Cintoo, a leading cloud-based reality data management solutions provider, secured €37 million in Series B funding. Partech led the round, which included existing investors Amavi Capital and Armilar Venture Partners.
The fresh capital will help Cintoo enhance its SaaS platform by expanding integrations and strengthening its offerings for the construction and industrial sectors. The company plans to accelerate its AI and Metaverse initiatives while growing its presence in the US and European markets.
The founders’ vision and innovative solutions transformed 3D scanning. They recognised its potential to transform industries, but the resulting data files (called ‘point clouds’) were challenging to handle, view, and share. Their solution was a cloud-based platform that makes this data accessible for applications like Building Information Modeling (BIM) and Digital Twins. Cintoo’s clients can scan entire buildings and design or monitor work remotely, reducing the need for frequent site visits.
Cintoo stands out in the competitive 3D scanning and reality data management landscape with its unique compression and accessibility approach. As CEO Dominique Poulinquen explained to the TFN, “Our core technology transforms laser scanner data from point clouds into 3D surfaces, similar to video games. This compresses the data by 10 to 20 times while maintaining accuracy. The resulting ‘mesh-based’ scans require less storage space and can be quickly streamed in any web browser.”