Ready on Day One: SeeCubic Secures $3.5M to Execute on a Major New Contract

Ready on Day One: SeeCubic Secures $3.5 Million to Support Major New Contract

SeeCubic has secured a $3.5 million financing facility through Hum Capital to support the ramp-up of a major newly awarded contract. The facility provides the liquidity needed to invest in staffing, sourcing, and delivery ahead of contract revenue.

Preparing for a Major Opportunity

Winning a significant contract creates tremendous opportunity, but it also requires substantial preparation.

Staffing, materials, inventory, and production capacity often need to be in place well before the first payment is received. For a growing company, that timing gap can put pressure on working capital and limit its ability to take full advantage of the opportunity.

SeeCubic planned ahead, seeking financing aligned with the size, requirements, and timeline of its new commitments.

Financing Structured Around the Contract

SeeCubic worked with Hum Financial to establish a $3.5 million facility sized to support the SeeCubic ramp-up requirements. The financing allows SeeCubic to move forward with the resources needed to deliver on new projects while protecting the capital supporting its existing operations.

The facility was structured around the strength of the opportunities, including a newly awarded contract and SeeCubic’s clear plan for execution. 

What the Facility Enables

• Investment ahead of revenue: Funding for the upfront costs required to complete new projects
• Full contract execution: The ability to deliver on new contracts as committed
• Continuity across the business: Working capital for existing operations remains protected
• Greater flexibility for growth: Additional financial capacity to pursue future opportunities

About SeeCubic

Headquartered in Delaware, SeeCubic is the technology company behind DepthAware™, a platform that combines proprietary hardware design, software, and content optimization tools to deliver glasses-free, immersive, 3D experiences. DepthAware transforms standard 2D content and displays into immersive visuals-without the need for glasses, headsets, or eye tracking. The tech can be adapted to virtually all screen types, sizes, & use-cases at a relatively low cost.