Cycle Capital
Assembly Line
Prevu3D Raises $10 Million US to Accelerate the Development and Deployment of Its Industrial Digital Twin Software Solution
Prevu3D, the industry-leading provider of 3D digital twin technology, today announced the closing of a $10 million US Series A funding round led by Cycle Capital, a leading growth stage climate tech venture capital firm that supports the development of innovative technologies and contributes towards climate change mitigation and advancing the transition to a net-zero economy. The round also includes funding from previous Prevu3D investors, Brightspark Ventures and Desjardins Capital. The new funding will enable Prevu3D to build on its longstanding vision of reimagining the physical world, extending and accelerating the deployment of its 3D digital twin platform for industrial environments.