Burgeoning augmented reality startup establishes new global HQ in Melbourne | News and articles

Burgeoning augmented reality startup establishes new global HQ in Melbourne | News and articles

Cutting-edge augmented reality company JigSpace is setting up its global headquarters in Melbourne, thanks to a $3 million investment from the Victorian Government.

JigSpace’s easy-to-use platform allows users to create and share interactive, immersive 3D presentations. Like Canva, which revolutionized 2D design, JigSpace simplifies 3D rendering technology and makes it an accessible tool for a wide range of businesses.

With the global spatial computing market expected to grow to US$519 billion by 2032, this investment by Breakthrough Victoria will drive JigSpace’s growth and support the creation of up to 60 new highly skilled jobs by 2030. The company’s new headquarters will be located at Melbourne Connect.

JigSpace has proven to be a leader in this area and is a popular app on Apple’s flagship Vision Pro headset with over 50,000 downloads to date.

This could revolutionize sectors like advanced manufacturing, robotics, and biotechnology, where companies can now easily deliver 3D renderings to customers, as well as use JigSpace for technical sales demos, product launches, 3D instruction, and training materials development.

The Victorian Government supports business and job creation through a range of initiatives to increase innovation and attract investment to the state, including startup agency LaunchVic and the Victorian Government Trade and Investment Network, the largest network of international offices of any Australian state or territory.

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