Condense is a technology company.
Condense has raised $6.1M across 3 funding rounds.
Condense has raised $6.1M in total across 3 funding rounds.
Condense has raised $6.1M in total across 3 funding rounds.
Condense's investors include 7percent Ventures, Dragonfly Capital Partners, Jenny Fielding, Scott Hartley, Hack VC, LAUNCHub Ventures, Meta Change Capital, Moonfire Ventures, #SecretFund, Sequoia Capital, Unruly Capital, Spencer Noon.
Condense is a technology company specializing in live volumetric video capture and streaming, enabling real-world events such as music and sports to be broadcast directly into metaverse platforms and 3D applications. Their cloud-based platform uses proprietary compression algorithms powered by deep learning and GPU architecture to deliver immersive, real-time 3D video experiences without the need for VR headsets. Condense primarily serves entertainment rights holders and digital platforms, solving the challenge of reliably streaming complex volumetric content globally while handling demand spikes and varying connection speeds. The company has demonstrated strong growth momentum, evidenced by a $4.5 million funding round led by prominent investors and the launch of the world’s first studio dedicated to streaming live events into the metaverse[1][2][4].
Founded in Bristol, UK, in 2019 by a team of engineers, Condense emerged from the vision to merge live real-world events with digital metaverse experiences seamlessly. The founders leveraged expertise in computer vision, machine learning, and streaming infrastructure to create an end-to-end solution for volumetric video capture and delivery. Early traction included partnerships with music and sports rights holders and recognition from investors who saw parallels with early VR investments, highlighting Condense’s potential to transform online engagement without VR hardware[2][1].
Condense rides the growing trend of metaverse adoption and immersive digital experiences, particularly in live entertainment. The timing is critical as demand surges for new ways to engage audiences remotely with richer, interactive content beyond traditional streaming. Market forces such as advances in AI, computer vision, and cloud infrastructure favor Condense’s approach, enabling scalable, high-quality volumetric video delivery. By bridging physical events and virtual worlds, Condense influences the broader ecosystem by expanding revenue streams for rights holders and creating new interactive experiences for users, accelerating metaverse content innovation[2][3].
Looking ahead, Condense is poised to expand its footprint in live event streaming and virtual production, potentially broadening into other sectors like sports, education, and corporate events. Trends such as increasing metaverse platform adoption, improvements in 5G and edge computing, and growing demand for immersive content will shape their trajectory. Their influence may evolve from a niche technology provider to a foundational infrastructure player in the metaverse economy, enabling a new era of live, interactive digital experiences that redefine audience engagement. This aligns with their founding vision to seamlessly merge physical and digital worlds, making live events universally accessible and immersive[2][4].
Condense has raised $6.1M across 3 funding rounds. Most recently, it raised $5.0M Seed in July 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2022 | $5.0M Seed | 7percent Ventures, Dragonfly Capital Partners, Jenny Fielding, Scott Hartley, Hack VC, LAUNCHub Ventures, Meta Change Capital, Moonfire Ventures, #SecretFund, Sequoia Capital, Unruly Capital, Spencer Noon, XAnge, Zeroth, Didier Valet, Ernest Oppetit, Fernando Martinelli, Fidji Simo, Frederic Montagnon, Itamar Lesuisse, John Lilic, Julien Romanetto, Mandeep Singh, Nicolas Debock, Nicolas Steegmann | |
| Dec 1, 2021 | $93K Seed | 7percent Ventures, Dragonfly Capital Partners, Hack VC, Meta Change Capital, #SecretFund, Unruly Capital, Spencer Noon, XAnge, Didier Valet, Ernest Oppetit, Fernando Martinelli, Frederic Montagnon, Itamar Lesuisse, John Lilic, Julien Romanetto, Nicolas Debock, Nicolas Steegmann | |
| Oct 1, 2020 | $1.0M Seed | 305 Ventures, Alpine Ventures, CapitalG, Concept Ventures, Goodwater Capital, Maven Capital Partners, Playfair Capital, David Haywood Smith, David Mytton, Jeremy Yap, Klaus Nyengaard, Matteo Gamba, Michael Moritz, Siddharth Singhal |