AVES Reality has successfully raised €2.7 million in a funding round led by Matterwave Ventures to enhance its innovative platform that creates detailed 3D digital twins for simulation in autonomous vehicles, defense, and smart cities.

Information on the Target

AVES Reality is a pioneering technology company focused on revolutionizing the simulation environment for autonomous vehicles, defense systems, and smart city applications. The company has developed an innovative software platform capable of transforming raw satellite and aerial imagery into physics-aware 3D digital twins—detailed, semantic-rich environments that enable rapid and accurate simulations. This advancement allows for the creation of urban simulations in mere minutes, as opposed to the traditional months-long processes used by most competitors.

Unlike typical 3D mapping technologies that merely produce visually appealing models without the necessary mathematical accuracy, AVES Reality's platform constructs semantically labeled digital replicas. Each road, building, and surface feature incorporates critical data such as lane configurations, traffic rules, and material properties, making the digital environment realistic and operationally sound for machine validation and training.

Industry Overview in the Target’s Specific Country

In recent years, the simulation technology sector has witnessed significant growth, particularly within the domains of automotive, defense, and smart city initiatives. As consumer demand for autonomous vehicles increases, so