Arcturus, a tool builder for editing and distributing volumetric videos, has announced that it has completed a $5 million seed funding round led by BITKRAFT Ventures, with participation from HBSE Ventures, NTT Docomo Ventures, Build Ventures, Marc Merril, and Craig Kallman. Volumetric videos are different from stereoscopic videos in that they are fully three-dimensional and can be viewed from multiple angles, making them ideal for augmented reality and virtual reality applications. However, the widespread adoption of volumetric videos has been hindered by challenges in capturing, storing, editing, and distributing them. Arcturus aims to simplify the use of volumetric videos through its Holosuite platform, which includes HoloEdit, HoloCompute, and HoloStream, to make editing, management, and transmission easier. The company plans to use the investment to expand its software development team, focus on sales growth, and expand its product line with a focus on live streaming features. Arcturus envisions a future where volumetric videos enable interactive content creation for millions of users. While capturing volumetric videos is currently a complex process requiring specialized studios and a large number of cameras, advancements in hardware and software are expected to simplify the process in the future. Arcturus is not responsible for the actual capture of volumetric videos but aims to provide tools for storage, editing, and streaming to meet the growing demand for volumetric video content. The pricing for Arcturus' Holosuite is $7,500 per user per year, and more information can be found on the company's official website.