Netherlands-based Fectar, an augmented and virtual reality metaverse creator platform, announced that it has raised €2.45M in a fresh round of funding. The investment came from a consortium of experienced tech informal investors led by Jaap van Engers.
Fectar says it will use the funds to accelerate international growth and improve the user experience for its six million users worldwide.
How was Fectar launched?
In 2018, founders Eugène Kuipers and Rens Lensvelt determined that it was time to introduce an augmented reality content management system. A user-friendly and straightforward platform that enables everyone to upload their work in augmented and virtual reality took a year to develop.
Kuipers says, “With the increased capabilities of VR headsets and smartphones and the development of 5G networks, the application of Virtual and Augmented Reality will become more widely available and accessible to users.”
“In addition, computer vision and machine learning advancements will enable more accurate and responsive AR and VR experiences. As a result, we can expect more companies and industries to adopt mobile AR and VR as marketing, education, and training tools. We’re excited to see what the future holds for Fectar,” adds Kuipers.
After the introduction of the Fectar platform in early 2020, things really started to pick up for the Dutch company in April 2021 as its app was downloaded by over 6 million people worldwide.
“Democratising the Metaverse”
Fectar claims to be one of the world’s fastest-growing Metaverse Creators Platforms for Augmented and Virtual Reality. In Fectar Studio, users can build interactive Metaverse experiences that are available on any device, at any time, and from any location.
Users can also explore the Metaverse with templates, free materials, lessons, and statistics. Viewers can access the Metaverse experience by using their smartphone, tablet, Hololens, Oculus Quest 2, or Pico Neo 3. They can also begin to collaborate in the Metaverse, across platforms and devices.
The software has already been employed to create an Augmented Reality experience for kids in Ukraine that teaches them about the dangers of unexploded Russian mines and weapons.
The Fectar app is available for free in the Apple and Android app stores. The business is based in Den Bosch, the Netherlands, and currently employs 10 people.
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