Metaverse Learning secures £1.5m to expand its immersive training library and develop new assessor tools.
The investment was supported by backers including Ufi Ventures.
Metaverse Learning co-creates immersive online training programmes and virtual reality scenarios for the education and technical sectors. The company works with roughly one hundred partners to deliver accessible learning content.
Metaverse Learning has secured £1.5m in funding at an £11m valuation to expand its library of immersive training programmes. The investment was backed by a group of organisations including Ufi Ventures.
The capital will be directed towards developing the new Assessor Mode feature and launching a supporting platform for learner data collection. Additionally, the company intends to nearly double its existing programme library over the coming year.
From the founder
"With the backing of UFI Ventures and our investment partners, we will be driving growth across Metaverse Learning. This will give us the opportunity to reach new partners, create more programs across a depth and breadth of subject areas, and most importantly, have a positive impact on learners’ educational experience."
Jason Holt
Co-Founder at Metaverse Learning
Investor perspective
"Learner engagement and confidence levels within virtual learning environments far exceed more traditional e-learning and classroom settings. We are delighted to be supporting Metaverse Learning, as they broaden the programmes they offer, reaching more learners."
Alex Bishop
Senior Investment Manager, Ufi Ventures
Use of funds
- 01Continue product development
Investors
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About the company
Metaverse Learning
Metaverse Learning develops immersive online learning programmes and virtual reality scenarios for the education sector.