Virtuality New Space

Company Overview

Snapshot

Founded in November 2015 by Yoav Fael and Doron Weiss, Virtuality New Space operates with 1–10 employees. The company is currently in a pre-funding stage, having closed its last known event in December 2018.

Business overview

Virtuality New Space develops virtual reality (VR) technology to enhance the retail experience. The company's core product utilizes VR headsets and gesture-recognition cameras to enable customers to interact naturally with products, view them from various angles, and customize them within a virtual space. This technology aims to increase sales and reduce costs for retailers by allowing them to display a full product range, facilitate customization, support multi-user interaction, and leverage consumer behavior analysis. Virtuality New Space serves the retail, e-commerce, and consumer electronics industries, operating within the broader Business Software sector with a focus on Sales & Marketing Solutions.

Company Intelligence Q&A

When was Virtuality New Space founded and by whom?

Virtuality New Space was founded in November 2015 by co-founders Yoav Fael and Doron Weiss.

What is Virtuality New Space's primary technological focus?

Virtuality New Space primarily focuses on virtual reality (VR) technology, utilizing VR headsets and gesture-recognition cameras to create interactive product experiences for retail.

Which markets does Virtuality New Space target?

Virtuality New Space targets the retail, e-commerce, and consumer electronics markets, aiming to enhance shopping experiences for both consumers and online retailers.

What is the company's current employee size?

Virtuality New Space currently has 1–10 employees.

What is the strategic goal of Virtuality New Space's VR solution for retailers?

Virtuality New Space aims to help retailers increase sales and reduce costs by enabling them to display a full product variety, offer customization, facilitate multi-user interaction with products, and utilize consumer behavior analysis.