Avatour, the remote collaboration platform for site meetings, has announced a $2.9 million seed round led by Ulu Ventures. The funding will enable Avatour to scale its technology and expand into new markets internationally.
Other participants in the round include Merus Capital, NTT Docomo Ventures,
Plug & Play Ventures, and 500 Startups.
The Avatour platform combines
real-world 360-degree capture, real-time communication, and optional VR/AR technology to immerse remote
users in a location as if actually present.
Avatour’s cloud-based service
uses a combination of proprietary software and off-the-shelf hardware to deploy virtual
meetings for up to 20 live viewers per session.
Since its
commercial release in March 2020, Avatour has enabled thousands of remote site
meetings, buoyed recently by the travel restrictions imposed by the COVID-19
pandemic. Current customers include the FAA, Thermo Fisher, Kellogg’s, and Black & Veatch.
