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To bring new levels of transparency to construction.
360 photos and virtual tours are nothing new. Popularly used to enhance estate agent listings, or create tours of attractions, tools such as Kuula, Panoskin, and Matterport have captured that market. OpenSpace is applying similar technologies to another industry sector - construction.
With a simple store-bought camera attached to a hard hat, a site walk-through creates a virtual 3D replica of any space. This detailed capture, reminiscent of Google Street View, eliminates the need for site visits, saving time and also reducing risks of visitors to building sites.
It’s not unlikely that other 360 virtual tour companies will branch out to offer their services within the construction industry, but OpenSpace hopes to keep the lead with this product due to its superior processing speed, with results in just 15 minutes as opposed to the hours of days it can take with some similar systems. It is well placed to maintain its position following series D funding that is being invested into scaling the business and developing additional AI-powered technologies.
Kirsty
Company Specialist at Welcome to the Jungle
Aug 2022
$9m
SERIES D
Mar 2022
$102m
SERIES D
This company has top investors
Jeevan Kalanithi
(CEO)They sold their first company, Sifteo, to 3D Robotics, where they eventually became the President. 3DR, a 200+ person company, launched a drone that made $45M in its first year. 3DR partnered with Autodesk to launch Site Scan, a tool for documenting and analyzing jobsites.
Philip DeCamp
(CTO)Former computer vision and data visualization research scientist at MIT, where they completed their Ph.D. (and Masters, and BS). Their work has been featured at TED, among other places.
Michael Fleischman
(Chief Scientist)After completing their Ph.D. at MIT, they started Bluefin Labs, a company that specialized in the analysis of massive amounts of video. Twitter acquired Bluefin in one of its largest acquisitions. Most recently they were an advisor to Twitter’s CTO.
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