About Vection Technologies
Vection Technologies is a company based in Perth (Australia) founded in 2017 by Andrea Bortolotti. It operates as a SaaS (Software-as-a-Service), and Professional Services. Vection Technologies has completed 3 acquisitions, including JMC Group, MYR and Mindesk. Vection Technologies offers products and services including Mindesk, EnWorks, 3DFrame, Algho, and ShelfZone. Vection Technologies operates in a competitive market with competitors including Graphic Design Information, Eyeora, WorldViz, Light and Shadows and TRACK3D, among others.
- Headquarter Perth, Australia
- Founders Andrea Bortolotti
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Vection Technologies Ltd
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Annual Revenue
$23.51 M (USD)9.67as on Jun 30, 2025
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Net Profit
$-4.81 M (USD)25.3as on Jun 30, 2025
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EBITDA
$-1.49 M (USD)51.26as on Jun 30, 2025
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
JMC Group
& 2 more
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IPO & Listings of Vection Technologies
Vection Technologies is a publicly listed company on the ASX with ticker symbol VR1 in Australia, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Vection Technologies
Vection Technologies offers a comprehensive portfolio of products and services, including Mindesk, EnWorks, 3DFrame, Algho, and ShelfZone. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for 3D design and visualization is provided.
Enterprise workflow solutions are offered for efficiency gains.
3D modeling tools are delivered for business applications.
AI-driven solutions are provided for enterprise needs.
Retail space optimization tools are offered for businesses.
Funding Insights of Vection Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Vection Technologies
Vection Technologies has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include JMC Group, MYR and Mindesk. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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MYR is recognized as a revolutionary software for denim design digitalization.
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2017 | ||||
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VR and AI services are provided by JMC Group.
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2016 | ||||
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Real-time virtual 3D CAD design software is provided for collaborations.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vection Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vection Technologies Comparisons
Competitors of Vection Technologies
Vection Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Graphic Design Information, Eyeora, WorldViz, Light and Shadows and TRACK3D, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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3D virtual emulation software and systems are developed for industries.
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Provider of platform for creating, sharing, experiencing, and monetizing extended reality
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Developer of VR visualization and simulation platforms and headsets
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| domain | founded_year | HQ Location |
VR products and photorealistic CG images are designed and produced.
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| domain | founded_year | HQ Location |
Tracking systems for customer insights are provided using AI technology.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vection Technologies
Frequently Asked Questions about Vection Technologies
When was Vection Technologies founded?
Vection Technologies was founded in 2017.
Where is Vection Technologies located?
Vection Technologies is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
Who is the current CEO of Vection Technologies?
Gianmarco Biagi is the current CEO of Vection Technologies.
What is the annual revenue of Vection Technologies?
Annual revenue of Vection Technologies is $23.51M as on Jun 30, 2025.
What does Vection Technologies do?
Vection Technologies is engaged in developing Artificial Intelligence software and immersive experiences for enterprises. Solutions are provided to enhance business efficiency, workflow, collaboration, training, and sales. The company operates in the technology sector, specializing in spatial computing and 3D visualization tools. Various products and services are offered, including Mindesk, EnWorks, and 3DFrame, targeting global businesses with innovative digital solutions.
Who are the top competitors of Vection Technologies?
Vection Technologies's top competitors include Graphic Design Information, Eyeora and WorldViz.
What products or services does Vection Technologies offer?
Vection Technologies offers Mindesk, EnWorks, 3DFrame, Algho, and ShelfZone.
Is Vection Technologies publicly traded?
Yes, Vection Technologies is publicly traded on ASX under the ticker symbol VR1.
How many acquisitions has Vection Technologies made?
What is Vection Technologies's ticker symbol?
The ticker symbol of Vection Technologies is VR1 on ASX.