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Digital Twin Provider Cityzenith Launches Fundraising Round
Chicago-based digital twin provider Cityzenith recently launched its $20-million Regulation A+ crowdfunding round on StartEngine. The company has raised more than $7 million since inception.
Since Cityzenith launched its digital twin software SmartWorldPro, the company has signed commercial contracts with Cushman and Wakefield, WS Atkins, Orlando Sports + Entertainment District, and Epic Games, among others. New projects in the works include downtown multi-block developments, a corporate campus, an intercity transit infrastructure line, and an entire new greenfield city.
“Our new Reg A+ is a giant leap forward for the company that I’ve been building for 10 years,” said Cityzenith CEO Michael Jansen. “The new capital will help us build on our early successes to scale globally in the years to follow.”
Digital twins are virtual replicas of buildings, infrastructure and physical assets. Currently at $3.8 billion, the digital twin sector is projected to quadruple in the next few years.
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- ◦Financing
