Quintar has gained a new investment as part of an $8.2 million funding round for its spatial XR platform.
Santa Clara, California-based Quintar said that Centre Court Capital has made a significant investment as part of an $8.2 million Series A round. The round was led by SeventySix Capital and Cowles Company.
Centre Court Capital is an India-based venture capital fund that is focused on sports and gaming. As part of the investment, Centre Court Capital’s general partner, Mustafa Ghouse, will join the Quintar board.
Quintar’s goal is to use augmented reality (AR) to enable folks to see more data superimposed on the real world and dive deeper in stats, create sports content, or provide other quality-of-life improvements to the live-game experience.
“This is an exciting time in the world of mixed reality with the advancements in spatial computing and new devices like Apple Vision Pro and Meta Quest 3 driving momentum and interest in the space,” said Quintar CEO Sankar (Jay) Jayaram, in a statement. “We have a busy year ahead and will be announcing several new partnerships in the near future. With the support of Centre Court Capital and the experience and relationships they bring to our team, we expect 2024 to be a significant year of growth at Quintar.”
Quintar’s platform combines its patented Spatial VPS and True Spatial Video technology to create accurate, dynamic AR content and give content creators and rights holders the ability to deliver personalized, interactive experiences for fans on mobile phones, TVs and AR wearables at the venue or in their own living room.
“Quintar is pioneering cutting-edge technology within the rapidly evolving sports and media landscape,” Ghouse said in a statement. “Their innovative solutions promise to redefine how we engage with content. Backed by Jay and Jeff (Jonas), visionary founders with unparalleled expertise, alongside an exceptional team of industry leaders, we are confident in Quintar’s potential to revolutionize the digital entertainment sphere.”
In February, Quintar’s platform and expertise enabled the PGA Tour to launch PGA Tour Vision for the Apple Vision Pro, spatial computing’s first professional golf application, allowing golf fans to transform their space into immersive experiences that bring them closer to live action.
A few years ago, Quintar created Q.reality, a platform that is device agnostic and designed to deliver relevant, data-driven interactive spatial XR experiences to fans no matter where they are.