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Trace

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uuid0002oqz

Namestring
Trace
Legal namestring
Trace 3D Inc.
Websiteurl
trace3d.app
Company typeenum
Private
Founded yearint
2020
Descriptiontext

Trace (legal entity: Trace 3D Inc.) is a Columbus, Ohio-based spatial computing company that operates a no-code platform for creating, publishing, and viewing persistent augmented reality (AR) experiences anchored to real-world locations. The company's product surface consists of three interconnected components: (1) the Trace Creator App, a mobile application (iOS shipping, Android in pipeline) that lets users design and edit AR scenes in-situ with a single tap; (2) Trace Studio, a browser-based CMS for asset management, team permissions, and multi-location publishing; and (3) Trace Viewer, a lightweight client available on iOS, Android, Apple Vision Pro, and Meta Quest that delivers published content. Underlying technology leverages ARKit, ARCore, SLAM, LiDAR, plane detection, 6DoF tracking, world mesh, occlusion, image anchors, and a single-tap contextual 3D recording pipeline that captures volumetric performances anchored precisely to physical locations.

The platform serves a dual customer base: individual creators and SMBs who onboard through self-serve app store and web sign-up, and enterprise clients including Deutsche Telekom, Qualcomm, T-Mobile, ESPN, Lenovo, Telefonica, Microsoft, and Dell, which deploy multi-location AR activations, brand experiences, training modules, and visualization use cases. Trace monetizes through a freemium tier plus paid subscription plans (monthly, annual, or biennial billing) and separately negotiated enterprise engagements that include custom photorealistic avatars, AI workflows, and enterprise-scale deployments. Distribution runs through Apple App Store, Trace Studio's web self-serve, QR/link/code sharing, headset viewers (Apple Vision Pro, Meta Quest), and direct enterprise sales for HoloLens 2 and Lenovo ThinkReality A3 deployments. The company emerged from stealth in April 2024 alongside a $2 million pre-seed round led by Rev1 Ventures and Impellent Ventures, with participation from multiple VC funds and scout funds.

Short descriptiontext

Trace is a spatial computing platform that lets individuals and enterprises create, publish, and view persistent AR experiences anchored to real-world locations via mobile, web, and headset clients (iOS, Android, Apple Vision Pro, Meta Quest).

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersColumbus, United States
HQ citystring
Columbus
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
spatial computing platform, augmented reality creation, no-code AR experiences, location-based AR, AR content management
Industry3 codes
1Enterprise Search, Indexing & Content Discovery
CodeHDAEAGAHPrimaryYes
2POI, Local Listings & Business Directory Platforms
CodeBPAMANADPrimaryNo
3Local & City Guide Content Aggregators
CodeMPACAKAJPrimaryNo
NAICS code2 codes
  • Web Search Portals and All Other Information Services519290
  • Web Search Portals, Libraries, Archives, and Other Information Services5192
SIC code1 code
  • Services-Computer Programming Services7371
Product category
Spatial Computing / AR Creation Platform
Social media profiles3 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Freemium Platform Access
TypeFreemium
Description

Trace offers a free basic service tier allowing users to create, edit, and share AR scenes. Paid plans add advanced features for professional and enterprise use cases. The platform's Creator App is free to download; revenue is generated through premium subscriptions with enhanced capabilities.

trace3d.app
2Subscription Plans (Paid Services)
TypeSubscription Recurring
Description

Trace offers paid subscription plans with recurring billing (monthly, annual, or biennial intervals). Paid plans include advanced features beyond the free tier. Auto-renewal is enabled by default. Fee changes may occur with notice; enterprise or separately negotiated agreements are available.

trace3d.app
3Enterprise & Custom Services
TypeProfessional Services
Description

Custom photorealistic avatar creation facilitated by Trace team for enterprise clients, along with custom AI workflows and enterprise deployments. Organizations like Deutsche Telekom use Trace Studio to deliver immersive brand experiences across multiple retail locations.

trace3d.app
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Pricing details3 tiers
1Free basic tier for general creators
ModelFreemiumBilling cadenceMonthly
Notes

Basic Trace service is free. Allows creation, editing, and sharing of AR scenes with standard features.

trace3d.app
2Paid plans with advanced features
ModelSubscriptionBilling cadenceMulti-year contract
Notes

Paid plans add advanced features beyond the free tier. Recurring billing options include monthly, annual, or biennial intervals. Enterprise or custom agreements are available through direct negotiation.

trace3d.app
3Enterprise engagements and custom AI workflows
ModelOtherBilling cadenceMulti-year contract
Notes

Enterprise engagements include custom photorealistic avatars, AI workflows, and multi-location deployments. Pricing is negotiated separately per contract.

trace3d.app
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Trace provides a no-code spatial computing platform that lets users design, publish, and scale persistent AR experiences tied to real-world locations. Its three integrated products include the Trace Creator App (mobile iOS/Android app for in-situ AR scene creation and 3D recording), Trace Studio (browser-based CMS for asset management, team permissions, and multi-location publishing), and Trace Viewer (mobile and AR headset app for experiencing published AR content on iOS, Android, Apple Vision Pro, and Meta Quest). The platform targets individual creators via a freemium tier and enterprises (Deutsche Telekom, Qualcomm, T-Mobile) via paid subscriptions and custom services.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Users engaging with AR experiences are 90% more likely to convert (brand experience use cases)
+3 more records
Product overview1 text field

Trace is a spatial computing platform for creating, managing, and experiencing AR content tied to real-world locations. The platform consists of three interconnected products: the Trace Creator App (mobile application for iOS and Android enabling in-situ AR scene creation and editing), Trace Studio (browser-based web management platform for asset management, team collaboration, and project publishing), and Trace Viewer (lightweight mobile and headset application for experiencing published AR content on iOS, Android, Apple Vision Pro, and Meta Quest). The platform leverages spatial computing technologies including SLAM, LiDAR, 6DoF tracking, world mesh, occlusion, and spatial audio to blend digital content with the physical environment.

Product and service1 record
1Trace Creator App
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Trace Creator App is distributed through the Apple App Store. Trace Viewer is available on iOS devices. Apple Vision Pro viewer is available as early access for immersive spatial computing experiences.

Strategic tierSecondaryTypeChannel Partner/ Reseller/ Distributor
Description

Trace Viewer is available on Meta Quest headsets (Quest 3) for passthrough AR experiences, targeting immersive headset users.

Strategic tierCoreTypeTechnology or Integration
Description

Trace platform is built on Google's ARCore framework for Android support. Android app support is currently in pipeline for the Creator App.

Strategic tierCoreTypeTechnology or Integration
Description

Trace platform is built on Apple's ARKit framework for iOS AR capabilities including world tracking, plane detection, LiDAR support, and 6DoF motion tracking.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

8th Wall is a web- and mobile-based AR development platform offering no-code tools, image anchors and cross-device AR experiences. It is the closest direct competitor to Trace in the no-code/managed AR authoring space, now backed by Niantic's AR ecosystem.

TypeDirect peer
Description

Zappar provides a no-code AR creation suite (Zapworks) for marketers and brands to build WebAR and mobile AR experiences. Like Trace, it targets retail, packaging, brand activation and training use cases with multi-device deployment.

TypeDirect peer
Description

Blippar is an AR content creation platform with web-based tools (Blippbuilder) and AR SDKs for brands and agencies. It competes directly with Trace on no-code AR authoring for marketing, retail and brand experience use cases.

TypeBroad incumbent
Description

Adobe Aero is Adobe's mobile AR authoring app for designers, integrated with Creative Cloud. It overlaps with Trace in mobile AR creation but is part of Adobe's much broader creative software portfolio rather than specializing in persistent spatial anchoring.

TypeBroad incumbent
Description

Snap's Lens Studio is a no-code/mid-code AR creation tool with a massive creator community and Snap's camera distribution. It overlaps with Trace for AR effect creation but is deeply tied to Snap's social platform rather than independent spatial CMS use cases.

TypeBroad incumbent
Description

Meta's Spark AR is the dominant no-code AR effects platform across Instagram, Facebook and Meta's Ray-Ban/Quest devices. It is comparable to Trace in creator tooling but with vastly larger distribution and a social-effects focus.

TypeBroad incumbent
Description

Niantic (owner of 8th Wall and Lightship VPS) operates the most production-scale location-based AR platform. Comparable to Trace on persistent world-anchored AR, but Niantic has its own game IP and significantly more capital to invest in the AR cloud.

TypeBroad incumbent
Description

Unity is a leading real-time 3D engine with growing AR/MR capabilities and a large developer ecosystem. It is comparable to Trace as a 3D content creation foundation, though Unity targets professional developers rather than a no-code mobile authoring flow.

TypeBroad incumbent
Description

Apple's Reality Composer and RealityKit provide native no-code and code-based AR authoring tightly integrated with iOS and visionOS. They represent both Trace's underlying technology foundation and its biggest native-platform competitive threat.

TypeEmerging player
Description

Threekit is a 3D product visualization platform used by retailers and brands for AR/3D commerce. It overlaps with Trace's retail and product-configuration use cases but focuses on catalog-level 3D rather than location-anchored spatial experiences.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI capability7 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors10 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Trace

Spatial Computing / AR Creation Platformtrace3d.app

Trace is a spatial computing platform that lets individuals and enterprises create, publish, and view persistent AR experiences anchored to real-world locations via mobile, web, and headset clients (iOS, Android, Apple Vision Pro, Meta Quest).

What Trace does

Trace (legal entity: Trace 3D Inc.) is a Columbus, Ohio-based spatial computing company that operates a no-code platform for creating, publishing, and viewing persistent augmented reality (AR) experiences anchored to real-world locations. The company's product surface consists of three interconnected components: (1) the Trace Creator App, a mobile application (iOS shipping, Android in pipeline) that lets users design and edit AR scenes in-situ with a single tap; (2) Trace Studio, a browser-based CMS for asset management, team permissions, and multi-location publishing; and (3) Trace Viewer, a lightweight client available on iOS, Android, Apple Vision Pro, and Meta Quest that delivers published content. Underlying technology leverages ARKit, ARCore, SLAM, LiDAR, plane detection, 6DoF tracking, world mesh, occlusion, image anchors, and a single-tap contextual 3D recording pipeline that captures volumetric performances anchored precisely to physical locations.

The platform serves a dual customer base: individual creators and SMBs who onboard through self-serve app store and web sign-up, and enterprise clients including Deutsche Telekom, Qualcomm, T-Mobile, ESPN, Lenovo, Telefonica, Microsoft, and Dell, which deploy multi-location AR activations, brand experiences, training modules, and visualization use cases. Trace monetizes through a freemium tier plus paid subscription plans (monthly, annual, or biennial billing) and separately negotiated enterprise engagements that include custom photorealistic avatars, AI workflows, and enterprise-scale deployments. Distribution runs through Apple App Store, Trace Studio's web self-serve, QR/link/code sharing, headset viewers (Apple Vision Pro, Meta Quest), and direct enterprise sales for HoloLens 2 and Lenovo ThinkReality A3 deployments. The company emerged from stealth in April 2024 alongside a $2 million pre-seed round led by Rev1 Ventures and Impellent Ventures, with participation from multiple VC funds and scout funds.

Trace firmographics

Firmographics
Name
Trace
Legal name
Trace 3D Inc.
Website
https://trace3d.app
Company type
Private
Founded year
2020
Operating status
Operating
Headcount range
1–10 employees
Short description
Trace is a spatial computing platform that lets individuals and enterprises create, publish, and view persistent AR experiences anchored to real-world locations via mobile, web, and headset clients (iOS, Android, Apple Vision Pro, Meta Quest).
Ownership category
akta.pro rank

Trace industry classification

Industry
Product category
Spatial Computing / AR Creation Platform
NAICS
Web Search Portals and All Other Information Services (519290), Web Search Portals, Libraries, Archives, and Other Information Services (5192)
SIC
Services-Computer Programming Services (7371)
akta.pro primary industry
Enterprise Search, Indexing & Content Discovery (HDAEAGAH)
akta.pro secondary industries
POI, Local Listings & Business Directory Platforms (BPAMANAD), Local & City Guide Content Aggregators (MPACAKAJ)

Keywords

  • Spatial computing platform
  • Augmented reality creation
  • No-code AR experiences
  • Location-based AR
  • AR content management

Where Trace is headquartered

Location

Headquarters

HQ city
Columbus
HQ country
United States
HQ region
North America

Markets served

Trace business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Freemium Platform Access: Trace offers a free basic service tier allowing users to create, edit, and share AR scenes. Paid plans add advanced features for professional and enterprise use cases. The platform's Creator App is free to download; revenue is generated through premium subscriptions with enhanced capabilities.
  2. Subscription Plans (Paid Services): Trace offers paid subscription plans with recurring billing (monthly, annual, or biennial intervals). Paid plans include advanced features beyond the free tier. Auto-renewal is enabled by default. Fee changes may occur with notice; enterprise or separately negotiated agreements are available.
  3. Enterprise & Custom Services: Custom photorealistic avatar creation facilitated by Trace team for enterprise clients, along with custom AI workflows and enterprise deployments. Organizations like Deutsche Telekom use Trace Studio to deliver immersive brand experiences across multiple retail locations.

Pricing tiers

ModelBillingPrice
FreemiumMonthlyFree basic tier for general creators
SubscriptionMulti-year contractPaid plans with advanced features
OtherMulti-year contractEnterprise engagements and custom AI workflows

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Trace product offering

Product offering

Core offering

Trace provides a no-code spatial computing platform that lets users design, publish, and scale persistent AR experiences tied to real-world locations. Its three integrated products include the Trace Creator App (mobile iOS/Android app for in-situ AR scene creation and 3D recording), Trace Studio (browser-based CMS for asset management, team permissions, and multi-location publishing), and Trace Viewer (mobile and AR headset app for experiencing published AR content on iOS, Android, Apple Vision Pro, and Meta Quest). The platform targets individual creators via a freemium tier and enterprises (Deutsche Telekom, Qualcomm, T-Mobile) via paid subscriptions and custom services.

Product overview

Trace is a spatial computing platform for creating, managing, and experiencing AR content tied to real-world locations. The platform consists of three interconnected products: the Trace Creator App (mobile application for iOS and Android enabling in-situ AR scene creation and editing), Trace Studio (browser-based web management platform for asset management, team collaboration, and project publishing), and Trace Viewer (lightweight mobile and headset application for experiencing published AR content on iOS, Android, Apple Vision Pro, and Meta Quest). The platform leverages spatial computing technologies including SLAM, LiDAR, 6DoF tracking, world mesh, occlusion, and spatial audio to blend digital content with the physical environment.

Differentiator

Problem solved

Functional benefit

Products and services

  • Trace Creator App

Quantifiable outcome

  • Users engaging with AR experiences are 90% more likely to convert (brand experience use cases)
  • +3 more outcomes

Companies that use Trace

Customer profile

Named customers8 records

Segments7 records

Ideal customer profiles3 records

Trace technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability7 records

Feature7 records

Trace partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and secondary.

  • Apple (App Store)coreChannel Partner/ Reseller/ DistributorTrace Creator App is distributed through the Apple App Store. Trace Viewer is available on iOS devices. Apple Vision Pro viewer is available as early access for immersive spatial computing experiences.
  • Meta (Quest)secondaryChannel Partner/ Reseller/ DistributorTrace Viewer is available on Meta Quest headsets (Quest 3) for passthrough AR experiences, targeting immersive headset users.
  • Google (ARCore / Android)coreTechnology or IntegrationTrace platform is built on Google's ARCore framework for Android support. Android app support is currently in pipeline for the Creator App.
  • Apple (ARKit)coreTechnology or IntegrationTrace platform is built on Apple's ARKit framework for iOS AR capabilities including world tracking, plane detection, LiDAR support, and 6DoF motion tracking.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Trace competitors and assessment

Company assessment

Direct peers

  • 8th Wall (Niantic): 8th Wall is a web- and mobile-based AR development platform offering no-code tools, image anchors and cross-device AR experiences. It is the closest direct competitor to Trace in the no-code/managed AR authoring space, now backed by Niantic's AR ecosystem.
  • Zappar: Zappar provides a no-code AR creation suite (Zapworks) for marketers and brands to build WebAR and mobile AR experiences. Like Trace, it targets retail, packaging, brand activation and training use cases with multi-device deployment.
  • Blippar: Blippar is an AR content creation platform with web-based tools (Blippbuilder) and AR SDKs for brands and agencies. It competes directly with Trace on no-code AR authoring for marketing, retail and brand experience use cases.

Broad incumbents

  • Adobe Aero: Adobe Aero is Adobe's mobile AR authoring app for designers, integrated with Creative Cloud. It overlaps with Trace in mobile AR creation but is part of Adobe's much broader creative software portfolio rather than specializing in persistent spatial anchoring.
  • Snap Lens Studio: Snap's Lens Studio is a no-code/mid-code AR creation tool with a massive creator community and Snap's camera distribution. It overlaps with Trace for AR effect creation but is deeply tied to Snap's social platform rather than independent spatial CMS use cases.
  • Meta Spark AR: Meta's Spark AR is the dominant no-code AR effects platform across Instagram, Facebook and Meta's Ray-Ban/Quest devices. It is comparable to Trace in creator tooling but with vastly larger distribution and a social-effects focus.
  • Niantic Studio: Niantic (owner of 8th Wall and Lightship VPS) operates the most production-scale location-based AR platform. Comparable to Trace on persistent world-anchored AR, but Niantic has its own game IP and significantly more capital to invest in the AR cloud.
  • Unity: Unity is a leading real-time 3D engine with growing AR/MR capabilities and a large developer ecosystem. It is comparable to Trace as a 3D content creation foundation, though Unity targets professional developers rather than a no-code mobile authoring flow.
  • Apple Reality Composer / RealityKit: Apple's Reality Composer and RealityKit provide native no-code and code-based AR authoring tightly integrated with iOS and visionOS. They represent both Trace's underlying technology foundation and its biggest native-platform competitive threat.

Emerging players

  • Threekit: Threekit is a 3D product visualization platform used by retailers and brands for AR/3D commerce. It overlaps with Trace's retail and product-configuration use cases but focuses on catalog-level 3D rather than location-anchored spatial experiences.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

Trace social profiles

Digital presence

Trace financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Trace leadership team

Management profile

Number of profiles

Profiles2 records

Trace funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Trace M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trace

What does Trace do?

Trace provides a no-code spatial computing platform that lets users design, publish, and scale persistent AR experiences tied to real-world locations. Its three integrated products include the Trace Creator App (mobile iOS/Android app for in-situ AR scene creation and 3D recording), Trace Studio (browser-based CMS for asset management, team permissions, and multi-location publishing), and Trace Viewer (mobile and AR headset app for experiencing published AR content on iOS, Android, Apple Vision Pro, and Meta Quest). The platform targets individual creators via a freemium tier and enterprises (Deutsche Telekom, Qualcomm, T-Mobile) via paid subscriptions and custom services.

Is Trace a public or private company?

Trace is a private company. It is classified as venture growth investor backed and is currently operating.

When was Trace founded?

Trace was founded in 2020. It employs 1 to 10 people.

Where is Trace based?

Trace is headquartered in Columbus, United States, in the North America region.

How does Trace make money?

Three revenue lines are on record. Freemium Platform Access are the primary driver. The others are subscription Plans (Paid Services) and enterprise & Custom Services.

Who are Trace's main competitors?

Direct peers on record are 8th Wall (Niantic), Zappar and Blippar. Broad incumbents are Adobe Aero, Snap Lens Studio, Meta Spark AR, Niantic Studio, Unity and Apple Reality Composer / RealityKit. Threekit is listed as an emerging player.

Does Trace have an API?

No public API is recorded for Trace.

What industry is Trace in?

Trace's product category is Spatial Computing / AR Creation Platform. Its primary akta.pro industry code is HDAEAGAH, Enterprise Search, Indexing & Content Discovery, with a secondary code of BPAMANAD, POI, Local Listings & Business Directory Platforms. Its NAICS code is 519290 and its SIC code is 7371.

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Live signals
GlobeNewswireThree Howard University Engineers Launch Trace to Automate PCB Design WorkflowsTrace, an AI PCB design automation company founded by Howard University engineers, launched out of stealth and is accepting customers worldwide. It automates schematic generation, layout, and routing via natural language prompts, integrating with manufacturing partners. Early customers report cutting design cycles from 12 weeks to 2 weeks.Road to VRFormer Magic Leap Engineers Launch No-code AR Creation Platform, Aiming to Be ‘Canva of AR’Trace, a startup founded by former Magic Leap engineers, launched a no-code augmented reality creation platform positioning itself as the "Canva of AR" for global brands and independent creators. The platform's release coincides with Adobe discontinuing its Aero AR platform and Meta retiring Spark AR in January 2025, creating a market opportunity Trace is capitalizing on by offering three free months to migrating users. Founded in 2021, Trace has already partnered with early enterprise adopters including ESPN, T-Mobile, Qualcomm, Telefónica, Lenovo, and Deutsche Telekom, and is available free on iOS with a $20/month premium subscription.MarTech SeriesAR Creation Platform ‘Trace’ Raises $2M Pre-Seed Round Led By Rev1 Ventures, Impellent VenturesTrace, a spatial computing startup founded by former Magic Leap designers, has raised $2 million in a pre-seed funding round led by Rev1 Ventures and Impellent Ventures. The capital will be used to accelerate the development of its platform for creating location-based augmented reality experiences on devices like the Apple Vision Pro. Early customers include major technology firms such as Qualcomm, Telefónica, T-Mobile, and Lenovo.Allied Venture PartnersTrace Raises $2M Pre-Seed — Allied Venture PartnersTrace, a platform enabling creators to build location-based AR spaces, closed a $2 million pre-seed funding round led by Rev1 Ventures and Impellent Ventures. The oversubscribed round included participation from Allied Venture Partners, Andreessen Horowitz, Sequoia Capital, and Index Ventures among others.Rev1venturesWelcoming Eight of the Newest Rev1 ClientsRev1 Ventures has onboarded eight new startups into its Investor Startup Studio, aiming to support their growth through mentorship and capital access. The newly accepted companies include ARMA, Assurance LLC, Biatrial Cath, CardBoard, Neural Ear, Trace, and Vigil Software.People MattersNFT Metaverse project Trace raises $3 million in seed fundingTrace, a Play-To-Earn NFT Metaverse project, has raised $3 million in seed funding led by HNI investors, along with an additional $500K from NFT sales. The capital will be utilized for the development of the metaverse platform, marketing efforts, acquisitions, and technology hiring. The company aims to leverage the growing gaming market in India to facilitate mass adoption of cryptocurrency through its augmented reality-based mobile game.BW DisruptNFT Metaverse Project Trace Bags $3.5 Mn In Seed RoundTrace, a play-to-earn NFT metaverse project, secured over $3.5 million in funding through a combination of private seed investments and NFT sales. The company plans to utilize these funds for metaverse development, marketing, and acquisitions while appointing Indian crypto influencer Abhyudoy Das as an advisor.EntrepreneurGeo Metaverse Project Trace Raises $3.5 MillionGeo Metaverse Project Trace has raised $3.5 million through a combination of seed investments and NFT sales, while appointing crypto influencer Abhyudoy Das as an advisor. The project leverages AR technology for smartphone-based interaction and aims to facilitate mass adoption of the crypto market in India by allowing players to earn money through in-game features.