Copresence AG emerged from stealth to launch its closed beta digital avatar generation software, compatible across gaming, VR/AR, and video conferencing use cases.
Using AI-powered scanning technology that works with smartphones, the Copresence platform enables users to generate a photorealistic 3D model of their faces. Additionally, the software enables users to establish eye contact cues in virtual meetings, allowing them to direct their gaze toward others.
Copresence, a Switzerland-based company, offers a digital avatar solution for various industries, having attracted attention from Fortune 500 companies and AAA gaming studios. The company has raised USD 2.75 million in seed funding and plans to launch the open beta version of its avatar generation solution in Q3 2023, along with an API release and smartphone app.
Analyst QuickTake: In comparison to competitors like Wolf3D and Genesis , Copresence stands out by providing photorealistic avatars that utilize AI-driven tracking technology. This technology captures and transfers real-time facial expressions and non-verbal cues to users' avatars, unlike the cartoon-based avatars offered by its competitors.
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