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Third Dimension Raises $7 Million to Build Worlds for Real Time Engines

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Third Dimension will enable engineers and artists to recreate cities from the real world as well as imaginary ones with a single click

SAN FRANCISCO, Oct. 8, 2024 /PRNewswire/ — Third Dimension AI, a 3D Generative AI company, announced today the close of its $7M Seed financing led by Felicis, with participation from Abstract Ventures, MVP, Soma Capital, Solari Capital, and other investors. The capital will be used to expand the Third Dimension team, further train 3D generative AI models that will bring to life Third Dimension’s vision of becoming the leading 3D company.

Third Dimension AI promises to upend 3D generative AI

Founded by autonomous vehicle and gaming experts, Tolga Kart, Piotr Sokolski and Özgun Pelvan, Third Dimension was will empower engineers and artists to generate incredibly detailed, high-fidelity worlds—both real and imagined—with a single click. Prior to founding Third Dimension, Kart was VP of Engineering for a synthetic data company, Parallel Domain. Before joining Tesla as Technical Program Management & Simulation for Autopilot for over two years, he was a Senior Director on Call of Duty at Activision for over 5 years. Sokolski spent four years at Wayve during which he built photorealistic neural simulators for self-driving cars, as well as over three years at Google; and Pelvan is a published machine learning engineer with five published papers about neural networks and data imputation.

Third Dimension provides immersive quality, rendering engine ready content that is ready to use by professionals across multiple industries. Third Dimension’s target customers range from The U.S. Military to video game developers to autonomous vehicle companies.

“The ability to simulate the real world is one of the last frontiers in solving some very difficult engineering problems”, said Tolga Kart, Third Dimension’s CEO. “3D content generation is at an inflection point, and it’s about to have its Software 2.0 moment. Over the last five years, text and code generation have been transformed with ChatGPT. Image generation quickly followed suit. Video generation is seeing incredible momentum and will soon be a solved problem. 3D generation is the next frontier for generative content.”

Third Dimension is on a mission to build a one-stop tool that accelerates companies’ abilities to create worlds, allows artists to get to quality faster and allows engineers to build fantastical or entirely accurate representations of the real world in high-fidelity. This technology will accelerate workflows of developers from months of time to days or hours, and help save millions in expensive graphics development budgets..

“Third Dimension is going to redefine 3D creation.” says Aydin Senkut, Managing Partner and Founder at Felicis, “Their groundbreaking technology, which seamlessly generates precise 3D environments with a single click, is set to transform how engineers and artists create and simulate both real and imagined environments. By accelerating creativity and enhancing the detail in simulations, Third Dimension opens up new possibilities across various industries from defense to video games, and more. We’re so excited to be partnering with this incredibly experienced, veteran team.”

To get in touch with the Third Dimension team, reach out to hello@thirddimension.ai and view their job board here.

About Third Dimension

Founded in 2024, Third Dimension AI is creating large scale, usable environments, whether they’re true digital twins of real places, or completely virtual worlds. The firm is founded by ex Video game and Autonomous vehicle experts, and caters to industries ranging from Video Games, Film to Autonomous Vehicles and Military. The firm is based in California, and has locations in the UK and Turkey.

About Felicis
Founded in 2006, Felicis is a venture capital firm investing in companies reinventing core markets, as well as those creating frontier technologies. The firm was the first to offer a Founder Development pledge, providing needed resources to help founders scale themselves. Felicis focuses on early-stage investments and currently manages over $3B in capital across nine funds. The firm is an early backer of more than 49 companies valued at $1B+. More than 100 of its portfolio companies have been acquired or gone public, including Adyen, Credit Karma, Cruise, Fitbit, Guardant Health, Meraki, Ring, and Shopify. The firm is based in Menlo Park and San Francisco in California. Learn more at felicis.com.

Media Contact
Ellie Tippett
ellie@kcpr.com
(415) 328-8079

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SOURCE Third Dimension AI, Inc

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Envision Marks First International Application of SAFc at Global Citizen NOW, Providing Environmental Attributes Corresponding to 10 Tonnes of CO₂ Emissions Reductions

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SYDNEY, Oct. 29, 2026 /PRNewswire/ — Envision, a global leader in green technology, expanded its Sustainable Aviation Fuel certificate (SAFc) solution internationally as the Sustainability Partner of Global Citizen NOW: Perth. This marks the company’s first international application of SAFc, demonstrating a practical pathway to integrate aviation decarbonization into the sustainability practices of major global events.

For this event, Envision delivered environmental attributes corresponding to 10 tonnes of CO₂ emissions reductions. These reductions are linked to the actual production and use of sustainable aviation fuel (SAF), with the associated attributes recorded and retired through a leading global Registry to ensure transparency and traceability.

Alongside this initiative, Envision’s Australian team participated in the event’s broader programme, including discussions on clean energy investment and industrial decarbonisation, bilateral meetings, and the Capital Mobilization Roundtable and Masterclass. Through these engagements, the team exchanged perspectives with leaders from business, investment and the climate community on Western Australia’s potential role in the next-generation green industries, while exploring opportunities to strengthen collaboration, mobilize investment and accelerate the clean energy transition.

Co-hosted by Global Citizen and the Government of Western Australia, the summit took place ahead of COP31, convening representatives from governments, businesses, philanthropic foundations, and First Nations communities to advance clean energy access, climate resilience, and inclusive economic development.

The Perth SAFc initiative builds on Envision’s SAFc application at the 26th China International Fair for Investment and Trade (CIFIT) in Xiamen in September, where the company demonstrated how SAFc could address the air-travel emissions of a major conference. Global Citizen NOW: Perth represents the next step—applying this model internationally and demonstrating its potential as a scalable solution for companies and major events seeking to tackle aviation-related emissions across global value chains.

The initiative also reflects Envision’s broader approach to corporate decarbonisation. Across wind and solar power, energy storage, green molecules, net-zero industrial parks, and green computing, Envision is developing integrated solutions to help companies tackle emissions across their operations and value chains.

“Envision will continue to explore the application of green fuels across aviation and international events, foster collaboration throughout the green fuel value chain, and support aviation’s low-carbon transition through transparent, traceable environmental attribute management,” said Bella Zhang, Head of Global SAF at Envision.

View original content:https://www.prnewswire.com/news-releases/envision-marks-first-international-application-of-safc-at-global-citizen-now-providing-environmental-attributes-corresponding-to-10-tonnes-of-co-emissions-reductions-302923213.html

SOURCE Envision

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More Than Business: ChinaMarket’s “Little Bees” Go the Extra Mile for International Buyers

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LINYI, China, Oct. 29, 2026 /PRNewswire/ — When a Malaysian buyer experienced a sudden toothache during the Linyi Mall International Buyers Conference in China, he found help in an unexpected place.

A member of ChinaMarket‘s “Little Bees” service team, Chen Fuqing, promptly accompanied him to a local hospital and assisted him throughout the visit.

It was a small act of kindness, but it reflected something important about doing business in Linyi: international buyers have people they can turn to when they need help.

During the international buyers conference, ChinaMarket established its “Little Bees” service team to assist overseas visitors throughout their stay in Linyi.

From welcoming international buyers and arranging market visits to connecting them with suppliers, helping bridge language barriers, and responding to unexpected situations, the team works to make the sourcing experience easier and more comfortable.

Linyi is home to one of China’s major wholesale market clusters, attracting buyers from around the world with its diverse products, manufacturing resources, and extensive supply chains.

As the official digital platform of Linyi Wholesale Market, ChinaMarket connects global buyers with Chinese suppliers and provides integrated sourcing and trade services.

For international buyers, successful sourcing involves more than finding the right products. Clear communication, reliable coordination, and access to support are equally important.

The “Little Bees” team brings this commitment to life through personal, on-the-ground assistance.

A recent song released by ChinaMarket captures the spirit of the city:

“Come to Linyi, a city that welcomes you with open arms.”

In Linyi, global buyers can discover business opportunities, build partnerships, and experience the warmth of genuine hospitality.

Come to Linyi. Source with ChinaMarket.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/more-than-business-chinamarkets-little-bees-go-the-extra-mile-for-international-buyers-302923217.html

SOURCE ChinaMarket

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UnionPay and Cuscal Paymark Discuss Payment Acceptance and Digital Innovation

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AUCKLAND, New Zealand, Oct. 29, 2026 /PRNewswire/ — Mr. Dong Junfeng, Chairman of China UnionPay and UnionPay International, met with Cuscal Paymark, in Auckland on 19 October 2026 to discuss expanding UnionPay acceptance in New Zealand and opportunities for cooperation in digital payments. Mr. Mike Blomfield, Chief Executive Officer and Julia Nicol, Chief of Staff expressed support UnionPay’s plans and the advancement of key projects.

Cuscal Paymark is New Zealand’s largest payment switching and network services provider. The two parties have maintained a partnership since 2012.  To date, several major banks on its network support UnionPay payments at physical merchants. The company has also incorporated a number of UnionPay product standards into mandatory terminal upgrade requirements, providing a foundation for broader acceptance. Looking ahead, UnionPay will leverage Cuscal Paymark’s local network and transaction processing capabilities to upgrade online and in-store payment platforms and further improve UnionPay acceptance services.

Discussions also covered upgrades to support chip transactions on dual-branded cards, online payment gateway integration, and the joint promotion of SoftPOS solutions to acquirers. The companies agreed to strengthen technical coordination to maintain reliable payment processing during and after system upgrades.

Other topics included agentic payments, digital identity, biometric applications, and payment network connectivity.

Ms. Nicol reaffirmed Cuscal Paymark’s support for UnionPay’s ongoing development in New Zealand and the advancement of key projects. Both parties agreed to explore further cooperation in wallet connectivity and digital payments.

UnionPay entered the New Zealand market in 2008. Its acceptance coverage now exceeds 90%, and UnionPay cards are now widely issued by local financial institutions. UnionPay will continue working with partners to improve payment services, strengthen financial integration between China and other APEC economies, and advance cross-border payment cooperation between China and New Zealand and across the broader Asia-Pacific region.

View original content:https://www.prnewswire.com/apac/news-releases/unionpay-and-cuscal-paymark-discuss-payment-acceptance-and-digital-innovation-302923215.html

SOURCE UnionPay International

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