Company Overview
Snapshot
Founded in February 2019 by Ran Kern and Yuval Gloz, Augmind operates with 1–10 employees. The company has completed one funding round, securing investment from BuiltUp Ventures. In February 2020, Augmind received Seed funding from BuiltUp Ventures.
Business overview
Augmind is a content creation company that develops solutions across various sectors, including advertising, entertainment, industry, and politics. The company utilizes its proprietary artificial intelligence technology to deliver revolutionary 3D content and design. Its development services encompass 3D artists, game designers, coders, and sound engineers who leverage AI to produce lifelike mixed reality content that is mobile-compatible, interactive, and cost-effective. Augmind primarily operates within the Media & Entertainment Technologies sector.
Strategic signal
In November 2019, BuiltUp Ventures, an Israeli-American fund, announced its intention to raise $50 million to invest in property and real estate technology startups. This development is significant as BuiltUp Ventures later participated in Augmind's Seed funding round in February 2020, indicating a strategic alignment with funds focused on innovative tech. This signals investor confidence in Augmind's potential within the broader technology landscape, particularly in areas that could intersect with real estate and property tech through advanced content creation.
Log in to access full profile ›Company Intelligence Q&A
- When was Augmind founded and by whom?
- Augmind was founded in February 2019 by co-founders Ran Kern and Yuval Gloz.
- What is Augmind's core business?
- Augmind is a content creation company that develops solutions for advertising, entertainment, industry, and politics, leveraging proprietary artificial intelligence to deliver 3D content and design.
- What kind of technology does Augmind utilize?
- Augmind's proprietary technology implements artificial intelligence to produce lifelike mixed reality content that runs on mobile devices and responds to user interaction.
- What is the strategic focus of BuiltUp Ventures, an investor in Augmind?
- In November 2019, BuiltUp Ventures, an Israeli-American fund, announced plans to raise $50 million to invest in startups developing property and real estate technologies, focusing on seed investments in construction, retail, and logistics.