On May 20, 2024, the Melbourne, Australia-based spatial AI startupSpatialGPT.AIannounced it had raised AUD 5.1 million (approximately USD 3.4 million) in seed funding. The investor in this round is InnovateGPT, founded by two Microsoft Australia employees, George Stavrakakis and Rupert Walsh.
The company plans to use the raised funds to redefine spatial environments in the construction, education, healthcare, and retail industries, improving operational efficiency through its AI technology.
SpatialGPT is a spatial + generative AI startup founded by Robert Marolda, who is also a senior employee at Microsoft and VMware and played a key role in launching Microsoft E5 security products in Australia. The company focuses on building AI-driven solutions using Microsoft Azure OpenAI Service and Microsoft Copilot, as well as technologies such as Apple Vision Pro and JigSpace, to help organizations transform how spaces are built, managed, and used. The company initially focused on projects in the construction industry and offers a range of AI-driven Copilot solutions to optimize construction workflows. Over time, SpatialGPT plans to expand into education, healthcare, and retail, reimagining how spatial environments in these industries are used.
(Source:SiliconANGLE)