Thread by @exxegroup

#AXXAers a short(ie #shortsqeeze hopefully) #update on one of $AXXA’s #VC companies:
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$AXXA Great #zoom call over the weekend w/our #French #VentureCapital Office. We received confirmation of a #USD $250,000 #INVESTMENT into one of our early-stage startups from a reputable international #VC funder.
(let's focusing on #VC before we move to other divisions)
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$AXXA Our #French #VC Group will be increasing its stake in this #startup. For confidentiality reasons, we will not disclose the name of the #funder until the second #stage #Funding round is complete.
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A little about #axxaVC: $AXXA #VC company invests in a range of technologies including #Robotics, Hardware, IT, #Health & #Biotech, and #VR and #AI technologies. These are areas where the direct application of technology makes a real, measurable difference in people's lives.
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$AXXA The #VC subsidiary company that just received its Second Round funding develops #Virtual #Reality (#VR), #Augmented #Reality (AR), and #Mixed #Reality (#MR) technologies. Their #technologies are cost-effective motion trackers for multiplayer full immersion #VR zones.
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$AXXA The system uses a mix of hardware and software based on inexpensive serial radio-inertial modules. This helps integrators who build and deploy #VR zones reach new customer segments that are currently unaffordable.
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The tech can simultaneously track up to 4 markers on the human body, and the system has been used commercially in movies and theaters. In fact, the first pilot project was with a high-end visual effects studio that shoots for feature #films, #commercials, and #musicvideos .
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Second Round funding round allows the subsidiary to develop the next layer of #technology and work on implementing them with their #corporate #partners.
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