Vizzio_funding_news

MOU signing ceremony between VIZZIO and Institute of Technical Education (ITE)

VIZZIO Technologies, a Singapore-based 3D visualisation and reality capture startup, announced to have closed a S$9 million (~US$6.7 million) pre-Series A funding round joined by an undisclosed Singapore’s family banking office.

As per a press statement, the fresh funding allows VIZZIO to build the world’s largest 3D capture and virtualisation ecosystem, spanning objects, space and cities.

Founded in 2019 by CEO Jon Li, VIZZIO aims to democratise and simplify 3D for the “omniverse” – the next digital reality revolution which offers multiple cross-chain possibilities – as well as the growing metaverse demand.

Also read: Metaverse is around the corner and you should play a role in it

VIZZIO employs AI-powered geospatial, 3D virtualisation and Digital Twin solutions to enable users – from novices to digital experts – to access 3D-as-a-Service offerings on-demand, helping them to co-create, virtualise and interact with digital realities.

Particularly, the startup assists governments and businesses in offering an immersive yet hyper-realistic digital environment. This allows customers or investors to interact with a digital avatar at a virtual marketplace or Annual General Meeting, or employees to use Digital Twins to build and test out city districts and buildings, complex machinery and related infrastructure.

So far, VIZZIO claims to have successfully delivered 10 new projects and signed on 25 new partners, helping both Singapore-based and international organisations transfer physical assets into the virtual world.

The company counts Singapore leading government agencies and companies including the Singapore Civil Defence Force (SCDF), Government Technology Agency of Singapore (GovTech), National University of Singapore (NUS), Surbana Jurong and AETOS, among its partners.

In collaboration with security and safety solutions provider AETOS, VIZZIO is working on developing Singapore’s largest digital twin for security and surveillance and integrated Facility Management services.

Also Read: For better or for verse: Focus of 2022 is Web3 and Metaverse

Last year, VIZZO teamed up with Surbana Jurong to undertake the digital modelling of Temasek Polytechnic’s 30-hectare campus covering landscape, linkways and 49 buildings on site.

In early February, the startup also formed a three-year partnership with the Institute of Technical Education (ITE) to launch a new Centre of Excellence – the Universal Omniverse Experience Centre – at ITE College Central.

Besides, VIZZIO is developing a digital human platform with its subsidiary company AUGMENTED HUMAN.

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Image Credit: VIZZIO Technologies

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