Founder of Fectar, Eugène Kuipers | Image credit: LinkedIn (Eugene Kuipers)
Netherlands-based Fectar, a platform for building augmented and virtual reality metaverses, announced that it has raised €2.45 million in a new round of funding. The investment came from a consortium of tech-savvy informal investors led by Jaap van Engers.
Fectar says it will use the funds to accelerate international growth and improve the user experience for its six million users worldwide.
How was Fectar launched?
In 2018, founders Eugene Kuipers and Rens Lensvelt determined it was time to introduce an augmented reality content management system. A user-friendly and simple platform allowing everyone to upload their work in augmented and virtual reality took a year to develop.
Kuipers said, “With the increased capabilities of VR headsets and smartphones and the development of 5G networks, virtual and augmented reality application will become more widely available and accessible to users.”
“In addition, advances in computer vision and machine learning will enable more accurate and responsive AR and VR experiences. As a result, we can expect more businesses and industries to adopt mobile augmented reality and virtual reality as marketing, education and training tools. We can’t wait to see what the future holds for Fectar,” adds Kuipers.
After the introduction of the Fectar platform in early 2020, things really started looking up for the Dutch company in April 2021, as its app was downloaded by over 6 million people worldwide.
“Democratizing the Metaverse”
Fectar claims to be one of the world’s fastest growing metaverse creator platforms for augmented and virtual reality. In Fectar Studio, users can create interactive Metaverse experiences available on any device, anytime, and from any location.
Users can also explore the Metaverse with templates, free materials, lessons, and statistics. Viewers can access the Metaverse experience using their smartphone, tablet, Hololens, Oculus Quest 2, or Pico Neo 3. They can also start collaborating in the Metaverse, across all platforms and devices.
The software has already been used to create an augmented reality experience for children in Ukraine that teaches them about the dangers of unexploded Russian mines and weapons.
The Fectar app is available for free in the Apple and Android app stores. The company is based in Den Bosch, the Netherlands, and currently employs 10 people.