METOWN

MeTown Successfully Secures Investment from CNT-Tech and Joycity

Press Release
2024.11.06
MeTown Successfully Secures Investment from CNT-Tech and Joycity

Metown Secures Investment from CNT Tech-JoyCity Investment Partnership

Hyper-realistic AI startup Metown has successfully secured investment from the JoyCity-CNT Tech Investment Fund No. 1, formed by CNT Tech.

Metown developed an innovative AI technology capable of converting real products into photorealistic 3D digital models within just 1-2 hours, without the need for professional 3D designers. Launched in the second quarter of this year, the EVOVA 3D Showroom service enhances e-commerce platforms and brands by delivering high-quality 3D visualizations rapidly and cost-effectively.

Unlike traditional methods relying heavily on graphic designers, Metown’s solution significantly reduces production time and costs while maintaining exceptional quality. Moreover, the EVOVA 3D Showroom offers immediate plug-and-play integration for seamless use on web and app platforms.

Founded by computer science PhDs and professors from Yonsei University, Metown boasts numerous awards in AI and CG integration. Established in collaboration with Yonsei Technology Holdings in 2023, Metown is growing rapidly, supported by various domestic and international organizations. The company plans to expand globally by participating in major events like CES 2025.

Metown aims to define and lead the 'e-coverse'—an e-commerce-focused metaverse platform targeting digital-native consumers through intuitive 3D user experiences.