NexTech3D AI has announced the closing of the first tranche of its private placement. The Regulated Market of the Luxembourg Stock Exchange has approved the issuance of the shares underlying the private placement.
The private placement was structured to enable NexTech3D AI to raise up to USD 5 million in gross proceeds. These proceeds will be used to develop the company’s advanced AI-based 3D scanning technology.
NexTech3D AI is a developer of advanced AI-based 3D scanning technology. The company’s technology is being developed to enable users to quickly and easily capture and share 3D images of physical objects with just their smartphone.
The technology is based on deep learning which allows it to accurately recognize shapes and surfaces within a single image. This enables the user to quickly capture high-resolution 3D models of physical objects in a matter of seconds.
The technology has a wide range of potential applications, ranging from manufacturing to virtual and augmented reality. The company believes that its technology is primed to become one of the most widely adopted 3D scanning technologies in the market.
The first tranche of the private placement will enable NexTech3D AI to accelerate the development of its technology. The company’s current focus is bring its technology to market and to gain ground in key industries. The proceeds from the private placement will also help the company build a strong user and customer base.
NexTech3D AI’s CEO, Nic Silber, commented on the closing of the first tranche of the private placement. He stated: “We are thrilled to announce that the first tranche of our private placement has been successfully closed. This financing will provide us with the capital required to accelerate the development of our technology and to bring our product to market”
The closing of the first tranche of the private placement is a major milestone for NexTech3D AI. The proceeds from the private placement will enable the company to further develop its advanced AI-based 3D scanning technology, which has the potential to revolutionize the industry.
NexTech3D AI has announced the closing of the first tranche of its private placement. The Regulated Market of the Luxembourg Stock Exchange has approved the issuance of the shares underlying the private placement.
The private placement was structured to enable NexTech3D AI to raise up to USD 5 million in gross proceeds. These proceeds will be used to develop the company’s advanced AI-based 3D scanning technology.
NexTech3D AI is a developer of advanced AI-based 3D scanning technology. The company’s technology is being developed to enable users to quickly and easily capture and share 3D images of physical objects with just their smartphone.
The technology is based on deep learning which allows it to accurately recognize shapes and surfaces within a single image. This enables the user to quickly capture high-resolution 3D models of physical objects in a matter of seconds.
The technology has a wide range of potential applications, ranging from manufacturing to virtual and augmented reality. The company believes that its technology is primed to become one of the most widely adopted 3D scanning technologies in the market.
The first tranche of the private placement will enable NexTech3D AI to accelerate the development of its technology. The company’s current focus is bring its technology to market and to gain ground in key industries. The proceeds from the private placement will also help the company build a strong user and customer base.
NexTech3D AI’s CEO, Nic Silber, commented on the closing of the first tranche of the private placement. He stated: “We are thrilled to announce that the first tranche of our private placement has been successfully closed. This financing will provide us with the capital required to accelerate the development of our technology and to bring our product to market”
The closing of the first tranche of the private placement is a major milestone for NexTech3D AI. The proceeds from the private placement will enable the company to further develop its advanced AI-based 3D scanning technology, which has the potential to revolutionize the industry.