Code & Co.

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Engagement — Platform Due Diligence

Code & Co. provides Tech & Product Due Diligence to LBBW Venture Capital ahead of its investment in Threedy, a high-tech start-up specializing in high-performance spatial computing technology based in Germany.

Code & Co. provides comprehensive Tech & Product due diligence services for LBBW Venture Capital ahead of its investment in Threedy. Threedy aids in advancing LBBW Venture Capital's mission of investing in pioneering digital technologies. Together with other principal investors, Threedy has successfully obtained a $10.4 million investment to boost its expansion in the rapidly growing industrial digital twin sector.

Scope of Work

Code & Co. conducted a comprehensive review of Threedy’s instant3Dhub, covering its architecture, infrastructure, technology stack, and 3D streaming approach. Additionally, Code & Co. assessed its integration capabilities, strategic roadmap, as well as its onboarding and support operations.   Further, Code & Co. delved into the core elements of Threedy, focusing on its engineering team and the software development methodologies it employs. This included analyzing the full breadth of its software development life cycle, including quality assurance measures and technical debt management. Furthermore, the evaluation included a thorough review of Threedy's certifications and an analysis of its future plans which were examined against market expectations.  

About Threedy

Threedy is an innovative high-tech start-up founded in 2020 as a spin-off from Fraunhofer’ s Institute for Applied Computer Graphics Research (IGD) in Darmstadt, Germany. Threedy develops instant3Dhub is a high-performance visual computing technology, which enables customers to unlock the full potential of their 3D data.  

About LBBW Venture Capital

LBBW Venture Capital supports startup founders raising a seed or series A round within the DACH region as an evergreen fund since 1998. Search fields include B2B Software, FinTech, DeepTech and Life Science. LBBW Venture Capital provides growth support through the large client network of LBBW and can offer additional financial services at later stages as well as advise on potential M&A or IPO exits.