Techstart Ventures led the round with backing from Active Capital and Ankur Nagpal.
"Online summits have been a tool for digital marketers to share knowledge, but it’s always been complicated and cost-prohibitive for most entrepreneurs,"
The Lincolnshire technology firm raised the capital to support team expansion and meet rising demand for its remote event planning software.
"I’m delighted to see Iventis make huge leaps forward in its growth. The company is recruiting talent from within the events industry, which has suffered immensely during the pandemic. We already have high-profile early adopters of the Iventis software, many of which are relying on its capabilities to reschedule and redesign their events."
The Bristol based startup raised the capital from SFC Capital, grant awards, and other investors to commercialise its volumetric video technology.
"Our technology aims to bridge real and virtual worlds by enabling broadcasters to record live events as volumetric video and instantly stream them to viewers. Our initial focus has been on recording sports, in particular boxing, so to be working on this project with BT, one of the biggest boxing broadcasters in the world, is a huge opportunity. At a time when many sporting events cannot be viewed in stadiums, enhancing the communal viewing experience in the comfort of your own home is more timely than ever. We see a bright future for volumetric video, with modern augmented and virtual reality technology providing consumers with the necessary hardware to enjoy volumetric content to its fullest. This hardware continues to improve at a staggering rate, and the mooted launch of an Apple AR headset in 2022 could see adoption explode."
Leeds digital transformation agency Parallax has backed Vivify Venues ahead of an October launch.
"Vivify’s model sits perfectly with our ethos of using digital solutions to transform an industry and create a highly scalable business. We have worked with one of the co-founders for nearly 10 years and felt this was the perfect opportunity to become a partner who can continually develop the platform to drive growth and revolutionise a sector."