New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

ArticleArtificial IntelligenceRandom

Arcade Raises $25M In Series A Funding

1 Mins read

Co-founded by Mariam Naficy with the team from her incubator, Heretic Ventures, Arcade aims to bridge the gap between consumers and manufacturers using generative AI. The platform enables users to create personalized, immediately priced physical products in a quantity of one, improving the traditional manufacturing process.

By leveraging generative AI, Arcade empowers consumers to communicate with manufacturers using images, transcending language and geographic barriers. This innovative approach has led to rapid adoption among consumers and makers, demonstrating the vast potential for growth and innovation in the industry.

Since its beta launch in September 2024, Arcade has achieved remarkable milestones such as:

– Users on Arcade have designed an impressive 650,000 jewelry pieces in just three months, showcasing the platform’s vast creative potential.
– Arcade is expanding its product offerings with the launch of the home goods category, further affirming its position as a leader in the generative AI physical product marketplace.

San Francisco, CA-based Arcade, a pioneering generative AI physical product marketplace, has raised $25 million in Series A funding. This significant investment brings the total funding raised to date to $42 million, propelling Arcade’s mission to transform the manufacturing industry.

The Series A funding round was led by Laura Chau of Canaan Partners and Kirsten Green of Forerunner Ventures, with participation from April Underwood of Adverb Ventures and Sol Bier of Factorial Funds. Existing investors, including Reid Hoffman, Offline Ventures (Brit Morin), Sound Ventures (Ashton Kutcher), Inspired Capital (Alexa von Tobel), and Torch Capital (Jonathan Keidan), reinvested in this round, demonstrating their continued support for Arcade’s vision.

New angel investors, such as Sara Beykpour, Kayvon Beykpour, Anna Veronika Dorogush, Eugenia Kuyda, and Marissa Mayer, joined existing angel investors Christy Turlington Burns, Colin Kaepernick, Karlie Kloss, David Luan, and Jeff Wilke, further expanding Arcade’s network of influential supporters.

With this funding, Arcade plans to further develop its platform, expand its community of makers and brands, and explore new product categories, cementing its position at the forefront of the industry.

In Conclusion, Arcade’s $25 million Series A funding round marks a significant juncture in the company’s journey to improve the generative AI physical product marketplace. With its ingenious approach, Arcade is dedicated to transform the way consumers interact with manufacturers and create personalized products, paving the way for a new era of manufacturing and product design.

Don’t miss any tech news ever!

We don’t spam! Read our privacy policy for more info.

470 posts

About author
We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
Articles
Related posts
MobileRandom

What To Expect From iOS 19

2 Mins read
Apple’s upcoming iOS 19 update is expected to improve the way we interact with our iPhones. With newly updated features, and improvements…
ArticleMobileRandom

Eight Tips To Get The Most Out of Apple's Focus Modes

3 Mins read
Apple’s Focus Modes is a powerful feature that helps you concentrate on what matters most by minimizing distractions and optimizing your workflow….
Artificial Intelligence

Google upgrades Gemini AI with new collaboration tools

1 Mins read
Google has released two major additions to its Gemini AI platform, enhancing how users create content and process information in an increasingly…
Newsletter Subscription

🤞 Don’t miss any update!

We don’t spam! Read more in our privacy policy

Join our Telegram channel here - t.me/TechpadiAfrica

Leave a Reply