Eccentric Engine Secures $5M to Automotive 3D Visualization

Eccentric Engine, the pioneering startup in 3D visualization for the automotive sector, has raised $5 million in a pre-Series A funding round. The investment was led by Exfinity Venture Partners and Arkam Ventures. Other investors who participated in the round were also notable. The capital infusion is expected to help drive the company’s innovative Virtual Retail Cloud platform forward and push its expansion into international markets.

Company Overview

Eccentric Engine is a Mumbai-based company that has carved a niche in the automotive industry by providing cutting-edge 3D visualization solutions. Their flagship product, Virtual Retail Cloud, allows automotive manufacturers and dealers to offer immersive virtual experiences to potential customers. This technology allows users to explore vehicle models in a highly detailed and interactive 3D environment, enhancing the digital retail experience.

Read also: Reown Secures $13 Million to Revolutionize On-Chain User Experience

Funding Details

The pre-Series A funding of $5 million has been led by Exfinity Venture Partners and Arkam Ventures, both known for their investments in innovative technology start-ups. This investment is a testament to the fact that these venture capital firms believe in Eccentric Engine’s vision and its technological capabilities.

Strategic Objectives Post-Funding

With the newly raised funds, Eccentric Engine aims to:

• Develop Virtual Retail Cloud Platform : Focus research and development in implementing fresh features with enhancement in experience while on the cloud.
• Intensify Expansion Plans to Other Regions: Get more footing by operating business entities into the other side of the global arena especially after it’s successfully registered itself to become a citizen in Eccentric Inc., an US firm.
• Make the Industry Non-Negotiable Virtual Solution Tools : A universal approach virtual solutions applied outside automobile businesses; diversification across every vertical

Virtual Retail Cloud Platform

Eccentric Engine’s Virtual Retail Cloud is a full-scale solution for the automotive brand to display its cars in a virtual environment. It has the following features:

• High-Fidelity 3D Models: Accurate and detailed representation of the vehicles.
• Interactive Features: Users can modify and check other features of the vehicle.
• Seamless Integration: Compatible with other digital platforms to make it accessible to the user.

By 2025, Eccentric Engine expects over 100 million interactions to be powered by its platform, which speaks to significant growth and adoption.

Global Expansion Plans

The company has set its eyes on the global market, with a specific focus on the United States. By registering as Eccentric Inc. in the U.S., Eccentric Engine is looking to tap into the vast opportunities present in the American automotive industry. In addition, the company is looking to invest in developing virtual tools that are not limited to the automotive sector, signaling a strategic move towards diversification.

Read also: Indonesian AI startup Bythen secures $5M to Virtual Influencer Landscape

Industry Impact

With such a radical innovative approach, Eccentric Engine shall redefine the entire auto retail game with its product portfolio through following three avenues-

• Increasing Customer Experience: Virtual interfaces wherein the clients interact with their ideal car- resulting in increased awareness before actually making the decision of purchase
• Lesser time to market for any manufacturer releasing the model
• Reduce Cost- traditional marketing and stand of showroom becomes cheap

Leadership team at Eccentric Engine is highly hopeful for the future. They consider that the infusions of capitals and strategic direction from their investors will allow them to scale greater heights and redefine digital retailing experiences across different industries.

Summary

A major milestone in Eccentric Engine’s journey to revolutionize 3D visualization for the automotive and beyond has just been achieved: the company secured $5 million in funding. With plans to expand globally and enhance its platform, the company is well on its way to leading the charge in transforming digital retail experiences across the globe.