Series: Seed
Date of Investment: May 2023
Investment Amount: $1,000,000
Headquarters: Woburn, MA
Summary: iQ3Connect is a cloud-enabled and web-based platform for VR/AR real-time 3D multi-user collaboration. It empowers individuals, teams, and enterprises to create, deploy, collaborate, and learn with immersive and interactive 3D content on any VR, AR, PC, or mobile device.
Product offering:
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- VR Training: iQ3Connect empowers subject matter experts, trainers, educators, and others to rapidly create and deliver interactive immersive (XR) training experiences via web-based virtual workspaces, no coding necessary.
- VR Product Collaboration: A web-based platform enabling rapid visualization of and interaction with complex 3D models on any AR, VR, or 2D device in a multi-user virtual workspace.
- iQ3 secured EMS training application contract in Dade Country FL as well as a contract to provide aerospace maintenance training for a local employer who is facing a skilled-labor shortage.
- Released its second-generation platform with significant enterprise security and business features.
- iQ3 invited to present and demo to NASA XR community. 60 participants from NASA, government agencies, and the aerospace and defense industry attended and were able to experience iQ3 capabilities firsthand.
- Yokogawa Bridge Company out of Japan has successfully deployed iQ3 in production use as highlighted in the prestigious Nikkei journal showcasing an important proof of concept for a low touch SaaS/cloud subscription customer.
Potential fund/ LG Acceleration: IQ3 has completed a proof of concept with LG at a LGE service center in Huntsville, AL. By leveraging existing platform enterprises there may be an opportunity for LG to further assist IQ3 with product design and supply chain training. as well as introduce IQ’s service to city/state government(s) as a skill training solution.
iQ3Connect is a cloud-enabled and web-based platform for VR/AR real-time 3D multi-user collaboration. It empowers individuals, teams, and enterprises to create, deploy, collaborate, and learn with immersive and interactive 3D content on any VR, AR, PC, or mobile device.
