T
hree Space Lab (3SL), a pioneer in immersive virtual reality real estate visualization, has secured $3 million in seed funding. This significant investment will revolutionize the luxury homebuying experience by making it more engaging and interactive for potential buyers. Led by Arminius Verwaltung, a Swiss-based investment firm, this funding will enable 3SL to expand its global sales team and leverage AI technology.

    With this capital injection, 3SL aims to accelerate its expansion into key international markets, including North America, Europe, and the Middle East. Initial targets include high-demand real estate hotspots like Miami, St. Tropez, and Dubai. Founded by Dr. Scott W. Greenwald, a former MIT research scientist, 3SL seeks to redefine the traditional real estate sales process with its cutting-edge immersive visualization platform.

    This innovative approach enables sellers to showcase off-plan and remote properties with unprecedented levels of realism and detail, empowering buyers to make informed decisions from anywhere in the world. By disrupting the established real estate market, 3SL aims to usher in a new era of home buying.

    "We bring luxury real estate to life for buyers worldwide, letting them step into their dream homes from anywhere using VR," says Dr. Greenwald. "This not only helps our customers sell properties faster and more efficiently but also allows architects and developers to experience and emotionally connect with their projects before they're built."

    "This funding bolsters our ability to scale and develop AI-based techniques that increase the sophistication of our offering while decreasing cost and accelerating execution," adds Dr. Greenwald. "We see this as a first step towards VR adoption across numerous industry verticals."