Capital Raising
OPEN
SpatialGPT.ai
Real Time Design to Revolutionise Construction and Other Industries
INDUSTRY
Technology
RAISING
A$3M
Pre-Money Valuation
A$18M
MINIMUM INVESTMENT
A$25,000
Investment Highlights
Company Overview
Products & Services
Transaction Overview
Team
News
Transaction Summary
SpatialGPT.ai
Raising A$3M
Pre-Money Val A$18M
Minimum Investment A$25,000
Investment Highlights
SpatialGPT.ai is capitalising on the global Generative AI and Spatial Computing megatrends to reimagine how spaces are designed and built.
By using Spatial Computing that leverages devices including the Apple Vision Pro, SpatialGPT.ai can redefine how construction is completed allowing collaboration with clients, builders and others in real time from any location.
This allows builders to simplify complex projects, reduce errors and risks, and build homes faster to save time and money.
The first target market is construction, but the solution can be applied to other design and sales categories such as interiors, auto design and product design.
Company Overview
Transforming spaces in real time to help users design and build the future.
- Streamlines workflow
- Increases creativity
- Maximises productivity and
- Improves customer experience
Since launch SpatialGPT.ai has reached several milestones to validate the business model and begin to develop the opportunity
- Multiple industry partners and enablers including Microsoft, Apple, OpenAI and JigSpace to support our go-to-market
- First revenues from AGL, A$79,900 and Carsales A$54,000, validates industry demand and opportunity
- A$27M in qualified opportunities for building segment alone
- Significant upside from multiple industries from architects, interior design, and auto design
SpatialGPT.ai is an innovative company that focuses on integrating Generative AI to revolutionise spatial environments across various sectors. The company’s primary mission is to enhance precision, minimise delays, and optimise costs, thereby driving industries toward a technologically advanced future.
Key Areas of Focus
Construction
SpatialGPT.ai is heavily invested in the construction industry, leveraging AI-powered solutions to optimize workflows and improve operational efficiency. Their technology includes virtual reality walkthroughs for early design decisions, real-time progress tracking, automated reporting, and advanced data collection for risk mitigation and insurance claims. By focusing on large-scale construction projects, SpatialGPT aims to bring significant advancements to this critical economic sector.
Technological Integration
The company employs a suite of advanced technologies such as Microsoft Azure, OpenAI Service, Microsoft Copilot, and Apple Vision Pro. These tools facilitate seamless integration and development of Generative AI capabilities tailored to spatial challenges, supporting complex data processing and analysis needs across various industries.
Expansion Plans
While initially targeting the construction sector, SpatialGPT.ai plans to extend its Generative AI solutions to architecture, interior design and retail. These sectors are also expected to benefit from enhanced spatial management and efficiency.
Webinar Presentation
Transaction Overview
Terms of Offer:
SpatialGPT.ai is Raising A$3M on a SAFE note to fund product development.
SAFE Noteholders will convert their investment to shares in the Company either on an exit event or the next Qualifying Financing at an offer price which is determined by reference to the lower of: (a) The Valuation Cap (AUD 18,000,000); or (b) a 20% discount to the valuation ascribed to the Company in the Qualifying Financing or exit event (as applicable)
The Investment will be made through VentureCrowd Pty Ltd, an equity crowd funding platform, or for larger investments, at the discretion of the Company, investors may invest directly with the Company. Investors will be required to create an account with VentureCrowd to make an investment and the investment will be held on behalf of investors through a unit trust established by VentureCrowd.
USE OF FUNDS
Go To Market | Plant & Equipment | Admin | Marketing Other |
|---|---|---|---|
55%
Fill Counter
| 5%
Fill Counter
| 10%
Fill Counter
| 30%
Fill Counter
|
Team
News
General Disclaimer
The content on this site is provided solely for information purposes, is not a recommendation or an offer to buy or sell a security and is not warranted to be correct, complete or accurate. This site is intended for Accredited/Sophisticated/Wholesale investors only. By continuing with an investment, you are self-accrediting that you so qualify. To the extent permitted by law, neither PrimaryMarkets, its affiliates, nor the content providers (such as the issuers of securities who appear on the site) are responsible for any investment decisions, damages or losses resulting from, or related to, the content, data and analyses or their use. The investment opportunities on this site and any statements made about them by their issuers are not vetted or verified by PrimaryMarkets. Investing in securities in private or unlisted companies and Funds is speculative and involves a high degree of risk. The investor must be prepared to withstand a total loss of their investment. We strongly encourage the investor to seek independent financial, professional or investment advice before investing in securities. The presence of an investment opportunities on this site should not be interpreted as an implied endorsement of it by PrimaryMarkets. Some content provided may constitute a summary or extract of another document. Past performance does not necessarily indicate future performance. The content on this site was current as at date of initial publication but may not be current as at the date of your viewing. For a more complete understanding of all the terms and conditions of your use of this site click here.
Want to learn more?
Fill in the expression of interest form below
Newsletter Subscription
Corporate Solutions
About
Solutions
Level 6, 56 Pitt Street, Sydney NSW 2000 Australia
2024 © PrimaryMarkets Pty Ltd.
All Rights Reserved
Corporate Authorised Representative: AFSL 485 946 Level 6, 56 Pitt St Sydney P: +61 2 9993 4475
