iQ3Connect Raises Seed Funding

iQ3Connect, a Woburn, MA-based provider of a web-based immersive training and collaboration platform, raised a seed round of funding of undisclosed amount.

NOVA Prime Fund, a venture capital fund created by global innovator LG Electronics, made the investment. As part of this investment, Jinhwan An from the LG NOVA team will join the iQ3Connect board of directors.

Led by Ali Merchant, CEO, iQ3Connect provides a web-based solution that empowers individuals, teams and enterprises to create, deploy, collaborate and learn with immersive and interactive 3D content on any VR, AR, PC or mobile device. The company offers a Training and Experience Platform that enables companies to rapidly create and deploy interactive virtual training and an Immersive Collaboration Platform, which provides a multi-user virtual workspace for companies. iQ3Connect also offers a host of services, from training and experience creation to hosting and management.

Founded in 2017, iQ3Connect is already deployed in numerous Global 2000 companies.