NexTech3D AI, Inc., a Vancouver-based AI and 3D Animation firm, has announced the successful closing of the first tranche of its private placement. The $3.3 million dollar carry-through financing will enable the company to invest in advancements in AI and 3D animation. It will also help accelerate the development of its products and services for the medical and entertainment industries.
NexTech3D AI’s technology provides customers with real-time, interactive 3-dimensional environments for use in medical, industrial, and entertainment applications. CEO Eric Paquette stated, “The closing of our first tranche is a major milestone as it will enable us to move forward with the development of virtual environments for clinical training, health-care simulations, and other applications in the medical industry.”
The company’s proprietary technology allows it to produce realistic 3D animation and AI with the help of the latest in engineering and design equipment. The result is realistic 3D animation that will help to improve medical practices and procedures. In addition, it will allow customers to experience their projects in virtual reality.
The financing will help the company to continue to expand its research and development capabilities. With the help of the latest in analytics and data-mining technologies, the company hopes to develop systems that can help provide better patient outcomes. It is also looking to develop technology to create improved virtual collaborations between medical practitioners and researchers.
NexTech3D AI is a rapidly growing firm that has already won several prestigious awards. With the additional financing, it looks to continue to build upon its success and provides innovative and cost-effective AI and 3D animation solutions to its customers.