inspace

Inspace XR raises $750,000 and prepares for Global

Inspace XR was founded in 2017 by Justin Liang, who is an ex-AMP Ventures team member and Eric Fear, ex-VR Lead at the Academy of Interactive Entertainment. Having only been in the market for less than two years, Inspace XR has achieved great heights in closing deals and partnerships, and more recently, their recent funding round of $750,000 to support their global expansion. Investment of their latest round comes from groups of investors including Australia’s largest angel investment group, Sydney Angels, Artesian, Taronga Group, and Investible.

Inspace XR is developing a range of AR / VR software products to transform the way buildings are designed, constructed and sold. In a new world with Inspace XR, architects are running client meetings in virtual reality by simply converting their projects into a VR-ready experience.


Product Video shown above.

“The global building industry wastes $55 billion annually as a result of construction mistakes due to the misinterpretation of building designs,”

 

Clients of builders and architects are frustrated because they don’t understand floor plans and are also questioning the certainty of rendered images. This results in slow decision making and a high chance of design regret once it’s too late.

 

We created software that easily allows architects and their clients to walk through virtual buildings so they could be happy with the design before commencing construction.

 

Being backed by great investors such as Sydney Angels and Investible allows us to further develop River Fox, create new products, and launch these into overseas markets, starting with the US and China. We’re excited about the positive impact we’ll have on the building industry in 2019 and beyond,” concluded Mr. Liang.

 

Inspace XR CEO and Co-Founder, Justin Liang.

Justin and Eric have already established partnerships with VR hardware providers, university architecture faculties, including Western Sydney University and professional bodies to establish River Fox as the industry standard. This round of investment will support the Inspace XR team to take their business global as they prepare for expansion into the US and China markets.

River Fox is available for purchase. Click here to get a free trial of the product.

See original post on Startup Daily.

flightpath

Flight Path – WSU’s Strategy for the Western Sydney Airport

‘Flight Path’ is a comprehensive strategy that details Western Sydney University’s long-term commitment to maximising the social, cultural and economic benefits of the Western Sydney Airport for our region.

The strategy also illustrates how the thematic positioning of this expertise in accessible and collaborative locations — like Liverpool, Hawkesbury and Westmead — is key to their successful integration with the Aerotropolis.

The University’s Launch Pad start-up/scaleup incubator can activate this expertise by partnering with businesses to distribute the economic benefits of the Airport across the region.

Furthermore, the labour force required to drive new knowledge jobs will emerge from approaches to curriculum that embrace the changing nature of work and digital disruption pioneered by the University’s ‘21st Century Curriculum’ project.

The University’s groundbreaking ‘Western Growth’ program of campus transformation maximises the University’s networking capacity — a network that WSA can leverage to distribute the Airport’s economic transition effects across Western Sydney. No other organisation has the depth, range and intensity of connections across every major Western Sydney centre. No other entity can attract, enliven and engage industry, government and community connections in the way the University can.

Read the full paper here.

aws

Launch Pad kicks off The Global Tech Leader Series with the Managing Director of Amazon Web Services APAC

Western Sydney University Launch Pad presents The Global Tech Leader Series featuring Ed Lenta, Managing Director of Amazon Web Services APAC

As part of Launch Pad’s focus to transform Western Sydney to an innovation-driven future, we are bringing a host of successful Global Tech Leaders to Sydney’s West to share their stories.

Ed Lenta is a 7 year veteran of Amazon Web Services (AWS). As Managing Director of APAC, Ed is responsible for operations and growth for the 20 countries in the region.

At this event, Ed shared with us his personal journey and approach to the technology sector, advice and tips for startups and practical strategies for government and large organizations to approach the cloud, AI, and other technology changes presenting new opportunities, and new challenges.

Amazon is famous for running lean and efficiently, even at hyperscale. Ed shared the practical steps used to function like a startup, and maintain a fast pace of innovation and flexibility while operating with more than 600,000 employees worldwide.

nab-signing

NAB has partnered with Western Sydney University’s Launch Pad Technology Business Incubator

In a win for Western Sydney’s knowledge economy, National Australia Bank (NAB) has partnered with Western Sydney University’s award-winning Launch Pad Technology Business Incubator.

A significant investment in Launch Pad’s innovative projects is just one part of the memorandum of understanding (MoU) signed by NAB and the University. The partnership also includes plans for high-rise facilities at Parramatta Square and the development of a graduate program for NAB.

“Western Sydney University’s Launch Pad program has been instrumental in creating a tech start-up ecosystem embedded in Sydney’s west. NAB’s significant investment will translate into more award-winning businesses and ideas for the region,” said Senior Deputy Vice-Chancellor, Professor Scott Holmes.

Anthony Healy, Chief Customer Officer – Business and Private Banking said employment pathways and work experience opportunities for Western Sydney University students at NAB will also be explored.

“Collaborating with academic bodies like Western Sydney University through the Launch Pad Business Incubator ensures we stay connected to the local community and continue to foster local entrepreneurship,” Mr Healy said.

Photo credits: Sally Tsoutas