REA Group doubles down on 3D proptech, upping stake in IMMERSIV
REA Group has invested again in IMMERSIV, a Brisbane startup whose 3D tools let buyers explore off-the-plan developments, after its initial 2024 stake; the amount was not disclosed.
Startup · $2.6m raised
Virtual-tour startup
Every investor coverage indicates participated in a round EnvisionVR raised.
| Investor | Rounds | Invested |
|---|---|---|
| unnamed industry leaders | Unnamed stage | - |
Companies EnvisionVR acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Michael Shaw | CEO (former) · Founder | SmartCompany, Startup Daily |
Stories naming EnvisionVR. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
REA Group has invested again in IMMERSIV, a Brisbane startup whose 3D tools let buyers explore off-the-plan developments, after its initial 2024 stake; the amount was not disclosed.
Weekly roundup of funding rounds at eleven Australian startups, including a $28 million Series B, a $14 million raise paired with an acquisition, and a neural-implant company appointing a new chief executive.
EnvisionVR, which makes virtual and augmented reality walkthroughs for off-the-plan property sales, has raised $2.585 million to fund international growth; its founder cites billions wasted on holding costs in Australian developments.
Also SmartCompany