Google invests in augmented reality tech startup Hello TeamSolar
Hello TeamSolar has partnered with Google to create augmented reality (AR) technology focused on customized experiences in specific locations. As part of the deal, Google has invested in Hello TeamSolar.
The funding will primarily go toward developing a platform for branded custom AR experiences to be played in large-scale settings across multiple devices in real time. The team will also be working with Google to create applications that support AR location-based services. The startup is creating a platform to deliver content via multiple devices with Google Cloud Anchors.
Archie Prakash, who is on the faculty of University of Southern California’s Interactive Games & Media department, founded Hello TeamSolar along with Nick Fortugno, creator of Diner Dash and CEO of Playmatics, and Linda Franke, a former lecturer at UDK Berlin (Berlin Arts University).
Google will own roughly 5% of Hello TeamSolar, which has a post valuation of $10 million.
Hello TeamSolar’s advisers include Samuel Roberts of USC Cinematic Arts and Maria Essig of Google.
See the full story here: https://venturebeat.com/2019/06/05/google-invests-in-augmented-reality-tech-startup-hello-teamsolar/