7 years ago

Luminous Group Secures £250k to Develop VR Software

  • Luminous Group, a Newcastle, UK-based digital survey specialist, has secured £250,000 in funding from Mercia Fund Managers

  • The company intends to use the funds to further develop its VR software, RIVO, which combines 3D with the latest mixed reality holographic computer hardware

  • RIVO has applications in asset management in sectors such as offshore energy or marine shipping, where companies need to keep track of structures in remote or inaccessible locations

  • It could also enhance fire safety surveys by drawing up critical information in real time.

      • ProblemTechnology

      "Asset management in sectors like offshore energy and marine shipping is challenging because companies need to track structures like oil rigs, refineries, wind turbines, or military installations, which are often in remote or inaccessible locations."

      Solution

      "Luminous Group offers a VR software called RIVO that combines 3D with mixed reality holographic computer hardware to allow companies to remotely inspect and manage assets by providing detailed 3D models and critical information."

      Covered on