Vection Technologies

Perth, Australia Founded: 2017 • Age: 9 yrs
VR B2B solutions are developed for corporate sectors.
Annual revenue $23.5M Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

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 4 acquisitions, including Dxlabs, JMC Group and MYR. 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
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Vection Technologies Ltd
Operational Areas
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $23.51 M (USD)
    9.67
    as on Jun 30, 2025
  • Net Profit
    -$4.81 M (USD)
    25.3
    as on Jun 30, 2025
  • EBITDA
    -$1.49 M (USD)
    51.26
    as on Jun 30, 2025
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
  • Investments & Acquisitions
    Dxlabs

    & 3 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.

Exchange: ASX · Ticker: VR1 · Sector: Technology services · Australia

Products & Services of Vection Technologies

Vection Technologies offers a comprehensive portfolio of products and services, including Mindesk, EnWorks, 3DFrame, Algho, and ShelfZone.

Product name locked
Category locked
Primary

Software for 3D design and visualization is provided.

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Enterprise workflow solutions are offered for efficiency gains.

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3D modeling tools are delivered for business applications.

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AI-driven solutions are provided for enterprise needs.

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Retail space optimization tools are offered for businesses.

Funding Insights of Vection Technologies

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Detailed funding history for Vection Technologies

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Investments & Acquisitions by Vection Technologies

Vection Technologies has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Dxlabs, JMC Group and MYR.

Investments
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Investment portfolio details for Vection Technologies

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
MYR is recognized as a revolutionary software for denim design digitalization.
Locked Locked 2017 Locked
VR and AI services are provided by JMC Group.
Locked Locked 2016 Locked
Real-time virtual 3D CAD design software is provided for collaborations.
Locked Locked 2015 Locked
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Complete acquisition details for Vection Technologies

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Financial Statements - Vection Technologies

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Detailed financials for Vection Technologies

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Vection Technologies Comparisons

Vection Technologies Primary company
Description
VR B2B solutions are developed for corporate sectors.
Location
Perth, Australia
Founded Year
2017
Annual Revenue
$23.51 M (USD)
Net Profit
-$4.81 M (USD)
EBITDA
-$1.49 M (USD)
Employees
Not available
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Peer comparison for Vection Technologies

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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.

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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VR products and photorealistic CG images are designed and produced.
Locked Locked Locked
Tracking systems for customer insights are provided using AI technology.
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Detailed competitors of Vection Technologies

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Latest news on Vection Technologies

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Complete news archive for Vection Technologies

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Frequently Asked Questions about Vection Technologies

Vection Technologies was founded in 2017.

Vection Technologies is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.

Gianmarco Biagi is the current CEO of Vection Technologies.

Annual revenue of Vection Technologies is $23.51M as on Jun 30, 2025.

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.

Vection Technologies's top competitors include Graphic Design Information, Eyeora and WorldViz.

Vection Technologies offers Mindesk, EnWorks, 3DFrame, Algho, and ShelfZone.

Yes, Vection Technologies is publicly traded on ASX under the ticker symbol VR1.

Vection Technologies has made 4 acquisitions, including Dxlabs, JMC Group, and MYR.

The ticker symbol of Vection Technologies is VR1 on ASX.

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