VR firefighter coaching supplier FLAIM Methods completes AUD $6.7M Collection A capital increase

March 30, 2023 – FLAIM Systems, a supplier of immersive studying options, has this week introduced the profitable completion of an AUD $6.7 million Collection A capital increase, with the spherical led by cornerstone investor Breakthrough Victoria, an Australian funding firm that manages the Victorian Authorities’s AUD $2 billion Breakthrough Victoria Fund.

FLAIM Methods said that internet proceeds of the AUD $6.7 million capital increase might be utilized in the direction of the event of the corporate’s expertise stack, specializing in constructing an in-house studying improvement platform, strengthening its crew throughout government, technical, gross sales, advertising and marketing and buyer expertise roles, and dealing capital to assist scale-up and fund a shift from capital gross sales to subscription gross sales.

FLAIM Methods has developed a completely immersive digital actuality (VR) firefighter coaching system. The corporate’s ‘FLAIM Trainer’ delivers a secure and cost-effective approach to replicate the stress and uncertainty of real-world conditions to higher put together the firefighter neighborhood to reply. It combines a VR headset with haptic expertise, which creates a kinaesthetic “feels-real” expertise by making use of drive suggestions to the person. This consists of simulating an operational hearth hose and a thermal vest that reproduces the warmth firefighters expertise in several eventualities from the path of the hearth.

The FLAIM Coach tracks efficiency knowledge in actual time in opposition to coaching outcomes. This consists of job completion time, air and water utilization, stress ranges, the place the trainee is transferring and searching inside the state of affairs, how they place themselves and work together with digital objects within the state of affairs corresponding to gasoline meters, electrical bins, or the hearth itself.

As FLAIM’s coaching is digital, there isn’t any carcinogen publicity to firefighters or instructors. Plus 2,000 hours of annual coaching in a single system can save the equal of 20 million liters of water and 27 tonnes of carbon emissions, in accordance with the corporate.

Breakthrough Victoria Chair, the Hon. John Brumby AO, commenting on the funding announcement.

From bushfires in distant places to fires on plane, industrial websites and residential properties in city areas – FLAIM Methods has developed 80 totally different VR coaching eventualities that enable firefighters to coach throughout totally different conditions. The corporate famous that it’s already working with over 300 emergency companies businesses, protection and better training organizations and personal enterprises in 45 international locations, with the first deal with scaling alternatives in Australia, the USA and UK.

Current seed traders that additionally supported the financing spherical included main shareholder Deakin College, Vital Capital Ventures and FLAIM Methods workers investing their very own after-tax money, together with Chief Government Officer Simon Miller who has personally invested AUD $1 million since commencing as a FLAIM Methods seed investor in 2019.

Commenting on the funding, Miller said: “This funding will present FLAIM with the foundations for international growth as we deal with addressing alternatives to supply safer, smarter, deeper studying options to high-risk and emergency scenario coaching packages within the US and UK in addition to Australia.”

With greater than 10 million skilled and volunteer firefighters all over the world, the corporate’s expertise presents the potential to make coaching safer for firefighters and the atmosphere on a world scale.

Miller added, “With the annual value of firefighter accidents estimated by the U.S. Fireplace Administration at between USD $1.6 billion and USD $5.9 billion within the U.S. alone, and 14% of all accidents incurred throughout coaching, we see important scope to commercialize FLAIM’s progressive Australian expertise as we search to guard the lives of those that reply to hazardous hearth, security, rescue and emergency conditions.”

For extra data on FLAIM Methods and its VR firefighter coaching expertise, please go to the corporate’s website.

Picture credit score: FLAIM Methods

Sam Sprigg

Sam is the Founder and Managing Editor of Auganix. With a background in analysis and report writing, he has been protecting XR trade information for the previous 5 years.

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