Feeds

Kiwi devs look to export 3D urban-planning tech

Get first round of funding

The Essential Guide to IT Transformation

New Zealand-based 3D visualisation company Nextspace has secured a round of VC funding to assist in the export of its interactive Visual City technology.

The funding amount was not disclosed but the round was led by Auckland-based ICE Angels and represents one of the biggest investments it has made this year. The range of the ICE Angels investment pool is from NZ$100,000 ($81,287) to NZ$1.25m ($1.01m) per deal.

Visual City is a 3D visualisation software solution that provides applications for communities to chart a city’s challenges and opportunities, including transport, utilities, and "sustainable" urban planning. It's basically Civilization, but for real-life urban planners.

In Australia, Melbourne’s South East Water Limited is using Nextspace’s visualisation technology to help cut costs and time when building out low-pressure sewer systems. In New Zealand, geologists are using it to advance their understanding of earthquakes and volcanoes, and Auckland Council is developing an accurate, 3D city reference model to help communicate proposals outlined in the Auckland Spatial Plan.

Nextspace CEO Gavin Lennox, who also participated in the funding round, says that as the number of people living in cities is expected to rise from half of the world’s population to 60 per cent by 2030, the need for solutions that help cities interpret and manage this growth is growing.

“When remote sensors, geospatial information and other raw data sources are used to generate a complex model of a community, then the best information and ideas can be openly shared and made available to everyone,” said Lennox.

Nextspace’s Visual City solution includes technology developed by New Zealand-born Right Hemisphere, which was acquired by enterprise software giant SAP in September. Nextspace was originally established with government support in 2007 but is now a self-sustaining commercial company with 12 employees. ®

Boost IT visibility and business value

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.