REDDS Capital
16381 Scientific, Irvine, California, 92618, United States
Overview
REDDS Capital is an early-stage venture capital firm empowering disruptive start-ups. The firm helps start-ups through team building, global business development, financing, mentoring, and strategy. Stephen Ibaraki, Elim Kay, and Ron Shon founded it in Irvine, California in the year 2018.
- Total investments
- 3
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Yoom
Led · Series A · Sep 2020
Tetavi develops highly reproducible hologram creation technology aimed at completing and popularizing ideal volumetric video capture for immersive media, games and virtual content. The company was founded in 2016 by Dr. Miky Tamir and Micha Birnboim and is led by CEO Gilad Talmon. Tetavi has offices in Tel Aviv, New York, Los Angeles and Tokyo. It is currently in advanced discussions with major creative artists and production companies for projects anticipated to release in 2022. Tetavi recently closed a $20m venture funding round and intends to use the funds to increase its presence in North America, expanding partnerships and its content platform across the U.S. The company plans specific studio and business-development activity in Los Angeles and New York. TetaVi builds an affordable, portable volumetric capture system that transforms multi-camera depth footage into high-fidelity 3D model sequences for AR/VR, gaming and immersive video. Their system uses four depth cameras capturing at 30–60 fps and an AI-driven algorithm stack to produce time-series 3D models that integrate with game engines and cross-platform workflows. The studio can be set up in under five hours without fixed installations or green screens, a competitive advantage highlighted during COVID-19 when productions needed local capture. Use cases span entertainment, gaming, 5G, VFX, online shopping, remote learning and telepresence; the company reports five deployed volumetric studios across the US, EU and APAC and involvement in a hyper-realistic VR documentary and a WebAR presidential hologram that logged over 250K sessions in three days. TetaVi began sales in Q4 2019 and recently closed a $6M Series A, bringing total funding to $11.3M. The company says it is improving accessibility and fidelity of its output and plans a soft launch of a new AR/VR-focused solution toward mid-2021. TetaVi develops volumetric video capture technology and a production chain that includes a portable four-camera studio to create 3D assets and holograms for virtual, augmented and extended reality. The company says its holograms improve engagement for remote learning, training and communication, and targets applications across advertising, gaming, sports and other sectors. TetaVi plans to leverage machine learning and AI in further development of its holograms and 3D imaging capabilities. The startup’s R&D team is headquartered in Tel Aviv, while commercial studios operate in New York, Los Angeles and Tokyo. Founded in 2016, the company is positioning its technology as a disruptive solution aligned with trends in AI, 3D image processing and smart studios. Financially, the company has just completed a funding event to support its product and market expansion efforts.
- Track160
Participated · Series A · Nov 2019
Track160 develops a fully automated optical tracking system that uses portable commercial cameras to identify and track players and the ball in 3D throughout matches. The company's first product, Coach160, delivers detailed insights on player fitness and team tactical performance to professional and amateur football clubs. Track160 currently serves clubs across Europe, Asia, and Latin America. Founded in 2017 by Dr. Miky Tamir and Michael Birnboim and led by CEO Doron Houminer, the team comprises computer vision and deep learning experts. The company recently closed a $5 million Series A to support its growth. Houminer said the startup intends to expand its deep learning technology and metrics across football and beyond.
Team
Elim Kay
Chair & Founding Partner
David Cheng
Venture Partner
Andy Chen
Founding Managing General Partner
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