PHYSNA: RAISES $56M IN FUNDING

Physna Raises $56M In Funding.

• Physna, a Columbus, Ohio-based geometric searching company, has raised $56 million in the capital.
• Tiger Global led the deal with participation from GV and Sequoia Capital.
• The company has raised more than $86 million in total capital plans to utilize the funds to expand and further develop its geometric deep-learning platform.
• The business’s growth is driven by Thangs which is home to hundreds of millions of 3D models and is compatible with most file formats and formats.
• Users can search, store, share and collaborate with models and use them across disciplines.
• The site has 250,000 registered users and has greater than 2.5 million 3D models, one million of which were added within the last six weeks.

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