Wrnch, enhanced reality computer vision startup has bagged $1.8M in series A round headed by Mark Cuban. This is company’s major leap in time when phrase democratization x is dominating AR space talk. Aligo Innovation, gr0k and TandemLaunch Ventures will also be participating in this fund round.
The company CEO Paul Kruszewski states that the concept holds truth for its computer vision space with companies like Magic leap are powering its own technologies and smaller companies are supposed to come with solutions.
“As a diversified technology investor, I have a ring side seat to watch how AR/VR is set to change the world,” said Cuban. “I am excited to help the wrnch become the go-to tool for computer vision development.”
The fund round would be allowing Wrnch to go through commercialization phase and shall be proving the business model covering its core engine, stated Kruszewski.
Kruszewski stated that its bit early in the space and not everyone will be entirely known what computer vision is and he wanted to approach its computer vision in manner similar to how Epic Games handled its video game engine and helping them build its actual content draw attention to its computer vision engine.
“We’re working with the various crackerjack computer vision team units on actual production stuff right now,” Kruszewski said. Experts operating Wrnch’s engine would eventually be able to make its use to “make mass market Magic Leap kinds of experiences” all over devices.