Prevu3D Raises $10M in Series A Funding

CANADA – Prevu3D, a Montreal, Canada-based 3D digital twin technology company, raised $10M in Series A funding.

The round was led by Cycle Capital, with participation from Brightspark Ventures and Desjardins Capital.The company intends to use the funds to expand operations and its development efforts, extending and accelerating the deployment of its 3D digital twin platform for industrial environments.Led by CEO and founder Nicolas Morency, Prevu3D specializes in the creation of functional digital twins, developing software tools that facilitate management of industrial installations. This reduces risks and delays in engineering projects, by documenting factory infrastructure with the precision and improving communication and collaboration between stakeholders. The company provides a centralized source of information and tools that empower clients to communicate, collaborate and work efficiently.15/02/2023