- Worlds — a new spatial AI company spun out of Hypergiant Sensory Sciences — announced it has raised $10 million in Series A funding led by Align Capital
Worlds — a new spatial AI company spun out of Hypergiant Sensory Sciences — announced it has raised $10 million in Series A funding led by Align Capital. The investors from this round include Chevron Technology Ventures, Piva, and Hypergiant Industries.
Worlds’ Spatial AI Platform combines deep learning and IoT inside of a 4D environment to give organizations the ability to observe their organization’s physical space and analyze and learn from their physical surroundings in ways that were otherwise impossible.
“We are creating one of the most powerful manifestations of AI yet, an AI-driven automation platform for physical environments,” said Dave Copps, CEO of Worlds.
Worlds is a first-of-its-kind Extended Reality (XR) environment for “active physical analytics.” And the Worlds’ platform creates live AI-powered models of the real world that has the potential to enable companies to achieve higher levels of automation, increase efficiency, enhance safety and security, raise productivity and dramatically lower costs.
“IoT is expected to grow to 500 billion devices in 2030 which means rapidly growing markets and opportunities,” added Ben Lamm, CEO of Hypergiant Industries. “Hypergiant Industries could not be more excited about the Worlds’ platform. We look forward to continuing to support Dave and team as they bring this important technology to the market.”
The XR market is expected to grow to more than $209 billion in the next four years, according to a recent report. And the XR market is expected to grow over $209 billion in the next 4 years. This is an 800% increase from a 2018 forecast of $27 billion, pointing towards a significant opportunity for Worlds to capitalize on a rapidly growing and emerging space.
“Our investment in Worlds reflects our belief that digital innovation plays a critical role in accelerating business value at Chevron,” explained Barbara Burger, President of Technology Ventures at Chevron. “CTV evaluates digital technologies that can help Chevron make better and faster decisions to enable us to deliver on our mission to produce reliable, affordable, and ever-cleaner energy.”
Worlds is led by Dave Copps and Chris Rohde — who has founded, launched and sold two companies focused on machine learning and artificial intelligence. Before Hypergiant, Dave served as founder and CEO of Brainspace Corporation. And Chris Rohde was previously the Co-Founder and VP of Business Development of Brainspace where he brought the power of machine learning, data analysis and visualization to Fortune 500 enterprises, global consulting firms, legal service providers and government agencies.
“We are excited about the support from Chevron and our other investors. This investment will allow us to continue our high rate of growth,” stated Chris Rohde, COO of Worlds. “What we are creating has the potential to revolutionize major industries and by going to market with Ben and his team at Hypergiant Industries we are amplifying and accelerating our mission.”
Going forward, Hypergiant Sensory Sciences will remain a division of Hypergiant Industries — which will continue to focus on fundamentally altering how people engage and interact with their environments with sensory augmentation, IoT, and machine learning. And the division will continue to prioritize products that integrate with the senses including geospatial mapping, acoustic predictive modeling, and computer vision.