3D Trend Agency LincTex Raises $100M

Home Latest Posts 3D Trend Agency LincTex Raises $100M
3D Trend Agency LincTex Raises 0M
3D Trend Agency LincTex Raises 0M

LincTex Digital, a Chinese language firm that makes digital experimental expertise for style retailers, has raised $100 million in a brand new funding spherical.

As Reuters reported on Thursday (June 23), the cash will assist the Hangzhou-based firm broaden internationally and transfer into the world of digital style.

Based in 2015, LincTex’s flagship product is Style3D, a software program and {hardware} developer for the style sector. First launched as a digital experimental and 3D physique scanning device, Style3D has since expanded to offer providers to clothes designers and producers, permitting them to make use of massive knowledge to create style collections.

The corporate has additionally begun venturing into the metaverse with a digitally simulated material designed to imitate real-world clothes in look and motion.

Learn extra: Amazon provides a digital shoe expertise

The previous few months have seen quite a lot of firms undertake the experimental digital expertise. Earlier this month, Amazon launched a digital shoe expertise, an interactive cellular expertise that lets prospects see what a pair of sneakers would appear to be.

Amazon mentioned in a weblog put up that the device will “better inform purchase decisions,” noting that US and Canadian customers can use it “from the comfort of their home or on the go” via the Amazon Procuring app on iOS.

The Digital Attempt-On footwear expertise options 1000’s of sneaker kinds from New Steadiness, adidas, Reebok, Puma, Superga, Lacoste, Asics, Saucony and different shoe manufacturers. After deciding on the shoe, prospects can click on the Digital Attempt-On button beneath the product picture and level the digicam on their cellular system at their toes to see how the sneakers will look on them.

Learn extra: Sally Hansen, Good Corp. Launches Digital Attempt-On Device

And in February, magnificence model Sally Hansen debuted a digital experimental device with the assistance of Good Corp’s AgileHand Expertise. , permitting buyers to attempt tons of of Sally Hansen nail coloration choices in augmented actuality.

In 2021, Coty, the father or mother firm of Sally Hansen, entered into an settlement with Good Corp. , an organization offering synthetic intelligence (AI) and augmented actuality (AR) expertise options for magnificence and style expertise.

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New PYMNTS knowledge: Tailor-made Procuring Expertise Examine – Might 2022

Round: The PYMNTS survey of two,094 Customers for the Personalised Procuring Expertise Report, a collaboration with Elastic Path, exhibits the place retailers are getting it proper and the place they should enhance their sport to ship a customized procuring expertise.

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