3D model service provider CGTrader raises $9.5 M Series B led by Evli Development Partners

3D model service provider CGTrader raises $9.5 M Series B led by Evli Development Partners

3D model provider CGTrader has actually raised $9.5 million in a Series B funding led by Finnish VC fund Evli Development Partners, alongside previous financiers Karma Ventures and LVV Group. Ex-Rovio CEO Mikael Hed likewise invested and signs up with as board chairman. We first covered the Vilnius-based business when it raised EUR200,000 from Practica Capital. Founded in […] Founded in 2011 by 3D designer Marius Kalytis (now COO), CGTrader has actually become a substantial 3D material supplier– it even claims to be the world’s biggest. Dalia Lasaite, CEO and co-founder of CGTrader stated in a statement: “3D designs are not only widely used in professional 3D industries, however have actually ended up being a more hassle-free and cost-efficient way of creating amazing product visuals for e-commerce. …

RWDC Industries is a brand-new start-up wishing to become a bioplastics giant in Athens, Ga.

RWDC Industries is a brand-new start-up wishing to become a bioplastics giant in Athens, Ga.

Daniel Carraway spent his whole career working in paper and bioplastics. The serial entrepreneur began his career at International Paper working in their research division before establishing 2 previous companies that ended up being cornerstones of the bioplastics industry. His latest venture, RWDC Industries, has actually raised $133 million in current funding to build a brand-new sustainable production […] The two guys satisfied through mutual connections as Carraway looked for brand-new opportunities to pursue his long time vision of advertising bioplastics. RWDC, Danimer and Kaneka are all pursuing an opportunity to change plastic product packaging, which was a $234.14 billion market, according to Grand View Research Study.”If you look back at the history of new products advancement … especially polymers … there has actually never been a brand-new polymer that had been developed that didn’t take 20 to 30 years for it to make wide-scale adoption,” said Carraway. Because the brand-new material Carraway is talking about isn’t in fact all that new.”We are thrilled to see RWDC broaden its operations in Athens and include a significant number of brand-new well-paying tasks,” stated Athens-Clarke County mayor, Kelly Girtz….