Pivo Inc. of 3i Inc., a metaverse technology company that develops products utilizing artificial intelligence (AI), augmented reality (AR), and virtual reality (VR), announced that it has been named a Best of Innovation Award Honoree at CES 2022. The announcement was made on January 3rd in the media event, which precedes the Consumer Electronics Show 2022 (CES 2022), the world’s largest consumer electronics exhibition show.
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Pivo Pod X, Pivo’s award winning product, is the new addition to the company’s robust lineup of auto-tracking smart pods that enhance the capabilities of your smartphone. Pivo Pod X is a re-envisioning of the original Pivo Pod with its added software features, longer battery life and highly requested vertical tracking. The Pod X, along with its powerful suite of apps, enables creators to produce dynamic, high-quality photos, videos, 360° images and 3D virtual tours. Thanks to Pivo’s proprietary Face, Body, Object and Animal Tracking, creators are no longer limited to stagnant content, even when creating alone. The product is set to be released in the second quarter of 2022.
“We will continue to work hard and market our products, in order to establish ourselves as a staple brand in the creator economy,” said CEO and founder of Pivo, Ken Kim. He added, “Pivo Pod X, which will officially be released soon, is the first step to securing our spot in a rapidly growing market.”
This news comes in the wake of many recent initiatives and accomplishments of the company, including:
- Completing an investment of nearly 24M USD (28B KRW). The round included 20M USD from new financial and strategic investors and 4M USD from existing investors.
- Successfully launching and completing a Kickstarter campaign for Pivo Pod X at the end of 2021, which raised nearly 400,000 USD with the help of 1,700 backers.
- Launching their follow-up crowdfunding campaign on Indiegogo InDemand.
- Several product launches including new smart pods Pivo Pod Lite and Pivo Pod Gold, as well as the apps Pivo+, Pivo Live and Pivo Studio.
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