RestAR

Company Overview

Snapshot

Founded in August 2017 by Bar Saraf and Shimon Vainer, RestAR operated with 1–10 employees. The company was acquired by Unity in December 2020, marking a significant exit for the startup.

Business overview

RestAR developed a solution for businesses to scan and render high-quality 3D content from physical products using only a mobile device. Its technology integrated computer vision and deep learning algorithms, primarily serving the eCommerce and food markets. The company operated within the Business Software sector, focusing on e-Commerce Tools and Food Tech, with core technologies in Artificial Intelligence, Image Recognition, Simulation & Imaging, Augmented Reality, and Virtual Reality.

Strategic signal

The acquisition of RestAR by Unity in December 2020 highlighted the strategic importance of 3D scanning and augmented reality technologies for major industry players. This event signaled a consolidation trend in the AR/VR space, with larger entities seeking to integrate advanced 3D content creation capabilities to enhance their platforms, particularly for retail and gaming applications.

Company Intelligence Q&A

When was RestAR acquired?

RestAR was acquired by Unity in December 2020.

What was the primary focus of RestAR's technology?

RestAR focused on enabling businesses to scan and render high-quality 3D content from physical products for eCommerce and food markets, utilizing mobile devices and advanced computer vision and deep learning algorithms.

Which investor participated in RestAR's July 2019 funding round?

In July 2019, 500 Startups participated as a lead investor in RestAR's funding round.

Which investor participated in RestAR's September 2020 funding round?

In September 2020, Wix Ventures participated in RestAR's funding round.

What is RestAR's current operational status?

RestAR is currently inactive, having ceased operations after its acquisition by Unity in December 2020.