What is CGTrader?
CGTrader operates as a comprehensive 3D model marketplace, catering to a diverse business clientele across industries such as advertising, video production, gaming, manufacturing, design, and the burgeoning fields of VR/AR and 3D printing. Headquartered in New York, United States, the company provides a vital platform for creators and businesses to access and distribute high-quality 3D assets. Its strategic positioning in the digital content creation ecosystem allows it to serve a wide array of commercial applications, driving innovation and efficiency for its users.
How much funding has CGTrader raised?
CGTrader has raised a total of $11.9M across 2 funding rounds:
Series A
$2.4M
Series B
$9.5M
Series A (2017): $2.4M with participation from Practica Capital and Karma Ventures
Series B (2021): $9.5M led by Karma Ventures, LVV Group, and Evli Growth Partners
Key Investors in CGTrader
Karma Ventures
Karma Ventures is a European VC firm specializing in late seed and Series A deep-tech software startups, providing both funding and operational expertise. They focus on innovative technologies with initial commercial traction, typically investing up to 5 million euros and participating in follow-on rounds.
LVV Group
LVV Group is an investor participating in the recent funding round for CGTrader. Further details on their specific investment focus or sector specialization are not publicly available.
Practica Capital
Practica Capital is a venture capital firm with over 132 million euros under management, focusing on seed and Series A investments. They back entrepreneurs across diverse sectors including biotech, fintech, and e-commerce, with a strong presence in the Baltic region.
What's next for CGTrader?
With its recent major strategic investment, CGTrader is poised for significant scaling and further market penetration. The company's focus on enterprise-level solutions and its expansive marketplace suggest a strategic push towards solidifying its leadership in the 3D asset distribution sector. Future developments are likely to involve enhancing platform capabilities, expanding its content library, and potentially exploring new technological integrations to support the evolving demands of the 3D design and visualization industries. This latest backing will undoubtedly fuel innovation and operational enhancements.
See full CGTrader company page
