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Home World Regional News Europe

London-based startup Gravity Sketch draws $33 million in funding

Femi Thomas by Femi Thomas
04/23/2022
in Europe
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Gravity Sketch

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A London-based startup called gravity Sketch has taken that concept into 3D, leveraging tools like virtual reality headsets to let designers and others dive into and better visualize a product’s design as it’s being made; and the startup is now announcing a $33 million in funding to take its own business to the next dimension.

Platforms like Figma have changed the game when it comes to how creatives and other stakeholders in the production and product team conceive and iterate around two-dimensional designs.

The Series A is coming as Gravity Sketch passes 100,000 users, including product design teams at firms like Adidas, Reebok, Volkswagen, and Ford.

The funding will be used to continue expanding the functionality of its platform, with special attention going to expanding LandingPad, a collaboration feature it has built to support “non-designer” stakeholders to be able to see and provide feedback on the design process earlier in the development cycle of a product.

The round is being led by Accel, with GV (formerly known as Google Ventures) and previous backers Kindred Capital, Point Nine, and Forward Partners (all from its seed round in 2020) also participating, along with unnamed individual investors. The company has now raised over $40 million.

Co-founded Oluwaseyi Sosanya (CEO), Daniela Paredes Fuentes (CXO), and Daniel Thomas (CTO), Sosanya and Fuentes met when they were both doing a joint design/engineering degree across the Royal College of Art and Imperial College in London.

They also went on to work together in industrial design at Jaguar Land Rover. Across those and other experiences, the two found that they were encountering the same problems in the process of doing their jobs.

 

Read more on Tech Gist Africa:

SEON nabs $94 million to power online fraud prevention

Soter Analytics raises $12 million in a Series A funding round

Montonio raises €11 million in a Series A funding round

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