Physna: Raises $20M in Series B Funding

  • Physna, a Cincinnati, OH-based geometric deep-learning and 3D search solutions company, raised $20M in Series B funding
  • The round, which brings total funding to $29m, was led by Sequoia Capital with participation from Drive Capital
  • In conjunction with the funding, Sequoia partner Shaun Maguire joined the board of directors
  • The company intends to use the funds to grow the team and increase development
  • Physna has developed geometric deep-learning technology codifying the 3D world through understanding of the physical properties of real-world objects and the relationships between them
  • In addition to its enterprise solution, the company powers a free search engine for consumers called Thangs.com
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

UK courts uphold cap on interchange fees affecting major payment companies.Highlights: UK courts dismiss legal challenge by Mastercard,...

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making.Highlights: Keye introduces an AI co-pilot for private equity due...