About Didimo
Didimo is a company based in Portugal founded in 2016 by Veronica Orvalho.. Didimo has raised $13.94 million across 8 funding rounds from investors including FARFETCH, Beta-i and European Union. Didimo offers products and services including Popul8. Didimo operates in a competitive market with competitors including Genies, Loom.ai, ObEN, DeepBrain and Prins, among others.
- Headquarter Portugal
- Founders Veronica Orvalho
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Didimo, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.94 M (USD)
in 8 rounds
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Latest Funding Round
$7.15 M (USD), Series A
Oct 11, 2022
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Investors
FARFETCH
& 11 more
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Employee Count
Employee Count
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Products & Services of Didimo
Didimo offers a comprehensive portfolio of products and services, including Popul8. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates 3D character generation and asset fitting for video games
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Funding Insights of Didimo
Didimo has successfully raised a total of $13.94M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $7.15 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series A — $7.2M
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First Round
First Round
(01 Jun 2016)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - Didimo | Valuation | Armilar Venture Partners | |
| Sep, 2021 | Amount | Grant - Didimo | Valuation |
investors |
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| Sep, 2020 | Amount | Seed - Didimo | Valuation | Armilar Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Didimo
Didimo has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include FARFETCH, Beta-i and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Armilar Venture Partners is focused on early-stage tech investments.
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Founded Year | Domain | Location | |
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Legal services are provided by Exequator to financial and real estate sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Didimo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Didimo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Didimo Comparisons
Competitors of Didimo
Didimo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Genies, Loom.ai, ObEN, DeepBrain and Prins, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile app and SDK for 3D avatar creation are provided.
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| domain | founded_year | HQ Location |
Platform to create avatars for applications in AR, VR, gaming, and messaging
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| domain | founded_year | HQ Location |
Photo-real 3D virtual avatar using AI
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| domain | founded_year | HQ Location |
AI-based platform for human avatar generation is developed.
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| domain | founded_year | HQ Location |
AI-driven digital training is provided using blockchain for records.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Didimo
Frequently Asked Questions about Didimo
When was Didimo founded?
Didimo was founded in 2016.
Where is Didimo located?
Didimo is headquartered in Portugal.
Who is the current CEO of Didimo?
Veronica Orvalho is the current CEO of Didimo. They have also founded this company.
Is Didimo a funded company?
Didimo is a funded company, having raised a total of $13.94M across 8 funding rounds to date. The company's 1st funding round was a Seed of $1.17M, raised on Jun 01, 2016.
What does Didimo do?
Didimo was founded in 2016 in Portugal as a provider of AI-based software for creating digital doubles of humans. Web-based tools and a mobile application are offered, utilizing computer vision, computer graphics, and machine learning to map facial features and produce 3D animated humans in real-time. Services are targeted at businesses, developers, and content creators in the digital media sector.
What products or services does Didimo offer?
Didimo offers Popul8.
Who are Didimo's investors?
Didimo has 12 investors. Key investors include FARFETCH, Beta-i, European Union, Techstars, and EIC Fund.
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