The cross-platform augmented reality streaming and communications platforms, Beem, announced early availability of its AR app and a USD $4 million seed funding round. 5 Lion, Ascension Ventures, Grouport Ventures, Inertia Ventures, and Lior Messika were notable investors participating in the round.
The app is available for both Android and iOS and will be accessible as a platform that enables one-way live and pre-recorded communication in AR. The envisions the product to offer live, two-way telepresence using AR, and eventually two-way live communication via AR glasses in the near future.
The company has already used its patented technology to develop human-centric AR environments for leading brands, such as Vogue, LADBible in partnership with KSI and Craig David, The British Army, Carolina Herrera, and Warner Music.
“As AR adoption accelerates, and the metaverse jumps from science fiction to reality, we’re excited to offer today’s mobile users a glimpse of an inevitable future that combines our physical selves with the metaverse through Beem,” said Janosch Amstutz, CEO of Beem.
“We’re excited that we’re backed by amazing investors who understand and share our vision of enhancing intimacy and improving communication effectiveness by connecting people through AR,” he added.
Beem plans to use the funds to expand its team and invest towards further developing its solution for two-way live telepresence for AR glasses launching in consumer markets.
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