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New Zealand augmented reality app homeAR raises $750k from local private equity to take its market-leading Augmented Reality technology global.Auckland, New Zealand: As the world continues to battle with the social and economic effects of Covid-19 and Auckland recently having its 4th Level 3 lockdown in the last twelve months, New Zealand technology innovation charges on.Since then, he’s created what many consider to be the world’s leading AR tech for residential construction, all built right here in New Zealand by local talent.With an amazing product, a strong New Zealand customer base and key US partnerships established, the homeAR team have recently been able to raise $750k of a mix of US and local private equity to fund product development and expansion into the US market.
Thankfully some of the road to market has been paved by awesome Kiwi companies like Xero and Pushpay, and New Zealand inc.” homeAR kicked off in Beta form in New Zealand in October 2019 and now has a number of leading New Zealand builders on the platform.