What is CGTrader?
CGTrader operates as a comprehensive 3D model marketplace, catering to a wide array of business customers across industries such as advertising, video production, gaming, manufacturing, design, and the rapidly evolving fields of VR/AR and 3D printing. Headquartered in New York, United States, the company provides a robust platform for accessing and distributing high-quality 3D assets. Its business model is designed to serve professional needs, facilitating the creation and deployment of 3D content for commercial applications. The company's strategic positioning in the market is further solidified by its consistent access to capital, enabling continuous innovation and service expansion.
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 Karma Ventures and Practica Capital
Series B (2021): $9.5M led by LVV Group, Karma Ventures, and Evli Growth Partners
Key Investors in CGTrader
Karma Ventures
Karma Ventures is a European VC firm that invests in late seed and Series A deep-tech software startups, providing both funding and operational expertise to founders. The firm focuses on companies that create innovative technologies and have demonstrated initial commercial traction.
Practica Capital
Practica Capital is a venture capital firm focused on backing entrepreneurs through various stages of funding, including seed and series A investments. With over 132 million euros under management, the firm has made more than 70 investments across diverse sectors such as biotech, fintech, and e-commerce.
LVV Group
LVV Group is an investor participating in the Series B funding round for CGTrader, indicating a strategic interest in the 3D model marketplace sector.
What's next for CGTrader?
The recent major strategic investment in CGTrader signals a strong confidence from its backers in the company's future trajectory and its potential for continued expansion within the 3D asset market. This capital infusion is expected to fuel further development of its marketplace capabilities, potentially including enhancements to its AI-driven features, expansion into new geographic markets, and strengthening its B2B service offerings. CGTrader is likely to focus on deepening its relationships with enterprise clients and exploring new applications for 3D modeling, particularly in emerging technologies like the metaverse and advanced manufacturing, leveraging this latest round of financing to solidify its market leadership.
See full CGTrader company page
