Nextech3D.ai
Category: Generative Media (Image / Video)
A diversified AI-powered technology company specializing in automated 3D modeling, augmented reality solutions, and event management platforms using proprietary generative AI and blockchain technology. Nextech3D.ai was founded in 2018. The company is led by Evan Gappelberg. Based in Toronto, Canada. Team size: 172. Total funding raised: $28.1M. Latest round: Private Placement ($2.0M, May 2023). Key investors include Institutional Investors, Ratio Tech (FinTech).
- Founded
- 2018
- Headquarters
- Toronto, Canada
- Team size
- 172
- Total funding
- $28.1M
Value proposition
Automates 3D model creation from 2D images using patented AI technology, reducing production costs by up to 80% while enabling mass-scale photorealistic 4K 3D model production for e-commerce and AR applications, achieving 80% profit margins in Q2 2024.
Products and solutions
ARitize3D - AI-powered 3D model creation and AR visualization platform, Toggle3D.ai - AI-powered 3D design studio for CAD-to-3D conversion (45% owned, publicly traded), ARway.ai - Spatial computing and AR navigation platform (49% owned, publicly traded), Eventdex - AI-powered event management platform with voice concierge, MapD - Indoor navigation and location services platform, AI Voice Concierge - Real-time voice automation for enterprise events
Unique value
Patented 2D-to-3D generative AI technology that automatically converts product images into photorealistic 4K 3D models at scale, serving as Amazon's preferred 3D model supplier with over 37,700 models produced. Operates a diversified platform spanning 3D modeling, AR wayfinding, event management, and blockchain ticketing with proprietary AI across all business units.
Target customer
Enterprise e-commerce retailers, Fortune 500 companies, event management companies, manufacturing industries, and gaming companies requiring scalable 3D content and AR experiences
Industries served
E-commerce & Retail, Events & Entertainment, Manufacturing & Industrial, Gaming & Immersive Technologies, Augmented Reality & Spatial Computing, Blockchain & Ticketing, Consumer Electronics, Furniture & Home Décor
Technology advantage
Combines patented USPTO-approved AI algorithms (Patent #11,948,248) for automated 3D model generation with AWS cloud infrastructure, NVIDIA GPU acceleration, and integrated event management platform. Achieves 80% profit margins on 3D modeling (up from 30% in 2023), 500% productivity increase through AI search engine, and operates with 172 employees across Toronto and Hyderabad, India offices. Technology stack includes OpenClaw, Twilio, AWS EC2, and Pinecone for AI voice automation.
How they differentiate
Patented 2D-to-3D generative AI technology (US Patent #11,948,248) achieving 80% profit margins, Amazon's preferred 3D model supplier with 37,700+ models produced, diversified platform with multiple publicly traded spin-outs (ARway.ai, Toggle3D.ai)
Main competitors
Threekit, VNTANA, Emersya
Key partnerships
Amazon (preferred 3D model supplier for e-commerce platform), Procter & Gamble (P&G) - Major enterprise 3D modeling contracts, Kohl's - S&P 400 company enterprise renewals, Miele - Global appliance manufacturer, Wesfarmers Group 'Bunnings' - Australia's largest listed company, Amazon Web Services (AWS) - Primary cloud infrastructure provider, Google 3D/AR Search Team - Search integration partnership, Twilio - Voice automation infrastructure partner, Pinecone - Vector database for AI applications, OpenClaw - AI voice technology partner, NVIDIA - GPU acceleration for AI model production, HotelPlanner - AI-enabled hotel booking integration via Expedia/Priceline/Kayak/Hotels.com (May 2026)
Notable customers
Amazon, Procter & Gamble (P&G), Kohl's, Miele, Wesfarmers Group 'Bunnings', Target, Global Industrial, Dyson
Major milestones
Spun out ARway.ai as public company (October 2022) with 49% retained ownership, Spun out Toggle3D.ai as public company (June 2023) with 44% retained ownership, Awarded US Patent #11,948,248 for 2D-to-3D AI technology (April 2024), Achieved Amazon preferred 3D model supplier status with 37,700+ models produced, Secured $2.2M expansion contract from Amazon (Q3 2023), Reached 80% profit margins on 3D modeling in Q2 2024 (up from 30% in 2023), Launched AI Voice Concierge with Eventdex (2025), Acquired Krafty Labs (closed January 2, 2026), Achieved cash flow positive operations after AI optimization (April 14, 2026), Integrated AI-enabled hotel booking with HotelPlanner using Expedia/Priceline (May 5, 2026), Secured 50 new customer contracts worth $230K in early 2026
Growth metrics
Public company (CSE: NTAR, OTCQX: NEXCF). Q2 2025 (period ending Sep 30, 2025) revenue $390,755 (+20% sequential), 88% gross margins. Q3 2025 revenue +59% YoY. Achieved cash flow positive operations Apr 2026. 50 new customer contracts worth $230K in early 2026 with 73% increase in avg deal size.
Market positioning
Publicly traded AI-powered 3D modeling supplier serving Fortune 500 e-commerce retailers with automated, scalable photorealistic 4K 3D model production
Geographic focus
North America (Toronto HQ), India (Hyderabad operations), serving global enterprise clients including Amazon, P&G, Kohl's, Miele, and Target
Patents and IP
US Patent #11,948,248 (April 2024) - Pivotal AI technology for generating 3D models from 2D images; Multiple additional patents filed covering CAD 3D model part assembly & segmentation, fixed-point diffusion for 2D-to-3D conversion, and GPT AI-powered 3D solutions; 2024 Global Recognition Award for patented AI 3D technology
About Evan Gappelberg
Serial entrepreneur with 3+ decades of public company experience. Former hedge fund manager and Senior Vice President of Finance on Wall Street. Founded Nextech in January 2018. Three-time public company CEO (Nextech3D.ai, Toggle3D.ai, ARway.ai). Extensive experience creating, funding, and running pioneering startups. Underwrote Take Two Interactive Software, Inc. during finance career.
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Official website: https://www.nextechar.com
