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§ Private Profile · Bristol, United Kingdom
Technology company developing live volumetric 3D video streaming for real-world events into metaverse platforms, games, and AR/VR apps.
Condense is a Bristol, England-based technology company that develops proprietary infrastructure to capture and stream real-world live events as volumetric 3D video into metaverse platforms and mixed reality applications. The organization provides software products such as Condense Live and Condense Studio, which integrate directly with Unity and Unreal Engine to enable real-time virtual production for the entertainment and gaming sectors. Operating with a team of five to nine employees, the enterprise has raised a total of $6.17 million in venture capital funding to scale its broadcasting capabilities. This capitalization includes a $4.5 million investment round completed in July 2022, backed by institutional investors LocalGlobe, 7percent Ventures, and Deeptech Labs, alongside notable angel investors Tom Blomfield and Ian Hogarth. Condense was established in 2019 by chief executive officer Nick Fellingham and his co-founders Ollie, Dan, and Nick.
Condense has raised $6.7M across 4 funding rounds.
Condense has raised $6.7M in total across 4 funding rounds.
Condense is a technology company specializing in live volumetric video capture and streaming, enabling real-world events such as music and sports to be broadcast directly into metaverse platforms and 3D applications. Their cloud-based platform uses proprietary compression algorithms powered by deep learning and GPU architecture to deliver immersive, real-time 3D video experiences without the need for VR headsets. Condense primarily serves entertainment rights holders and digital platforms, solving the challenge of reliably streaming complex volumetric content globally while handling demand spikes and varying connection speeds. The company has demonstrated strong growth momentum, evidenced by a $4.5 million funding round led by prominent investors and the launch of the world’s first studio dedicated to streaming live events into the metaverse[1][2][4].
Founded in Bristol, UK, in 2019 by a team of engineers, Condense emerged from the vision to merge live real-world events with digital metaverse experiences seamlessly. The founders leveraged expertise in computer vision, machine learning, and streaming infrastructure to create an end-to-end solution for volumetric video capture and delivery. Early traction included partnerships with music and sports rights holders and recognition from investors who saw parallels with early VR investments, highlighting Condense’s potential to transform online engagement without VR hardware[2][1].
Condense rides the growing trend of metaverse adoption and immersive digital experiences, particularly in live entertainment. The timing is critical as demand surges for new ways to engage audiences remotely with richer, interactive content beyond traditional streaming. Market forces such as advances in AI, computer vision, and cloud infrastructure favor Condense’s approach, enabling scalable, high-quality volumetric video delivery. By bridging physical events and virtual worlds, Condense influences the broader ecosystem by expanding revenue streams for rights holders and creating new interactive experiences for users, accelerating metaverse content innovation[2][3].
Looking ahead, Condense is poised to expand its footprint in live event streaming and virtual production, potentially broadening into other sectors like sports, education, and corporate events. Trends such as increasing metaverse platform adoption, improvements in 5G and edge computing, and growing demand for immersive content will shape their trajectory. Their influence may evolve from a niche technology provider to a foundational infrastructure player in the metaverse economy, enabling a new era of live, interactive digital experiences that redefine audience engagement. This aligns with their founding vision to seamlessly merge physical and digital worlds, making live events universally accessible and immersive[2][4].
Condense has raised $6.7M in total across 4 funding rounds.
Condense's investors include 7percent Ventures, Deeptech Labs, LocalGlobe, Dragonfly Capital Partners, Jenny Fielding, Scott Hartley, Hack VC, LAUNCHub Ventures, Meta Change Capital, Moonfire Ventures, #SecretFund, Sequoia Capital.
Condense has raised $6.7M across 4 funding rounds. Most recently, it raised $640K Other Equity in June 2024.