Hexa Closes Series A

Hexa, a 3D asset visualization and management platform, announced that it closed a $20.5 million Series A round from Point72 Ventures, Samurai Incubate, Sarona Partners and HTC. CEO and co-founder Yehiel Atias said that the cash will be put toward product development and expanded customer acquisition efforts well into 2023. HTC’s participation in the round might seem curious. After all, the company was once one of the world’s largest smartphone manufacturers — not exactly entrenched in the 3D modeling space. But HTC’s focus has increasingly shifted over the years from mobile to VR, and it evidently sees Hexa as aligned with its current — and perhaps even future — lines of business.