VictoryXR completes $2.5M funding spherical

December 5, 2023 – VictoryXR, a supplier of immersive schooling options, has introduced the completion of a USD $2.5 million funding spherical, which was accomplished by Hartmann Metaverse Ventures I, a fund specializing in immersive know-how, gaming, and prolonged actuality (XR).

Different individuals on this fundraising spherical embrace Juvo Ventures, who led the hassle, in addition to Tamiami Angels and Kendall Hunt publishing. VictoryXR said that the funding shall be used to advance the worldwide attain of its ‘metaversity’ platform.

“From day one we believed that XR may very well be a serious power for good, disrupting and equalizing the antiquated schooling area. For the price of a single textual content ebook, a VR headset might give entry to complete worlds of high-quality immersive studying,” mentioned Felix Hartmann, founder and Managing Associate of Hartmann Capital. “After fastidiously finding out the business it grew to become evident that VictoryXR was constantly out-executing its competitors reaching extra universities and faculties, whereas additionally upgrading its providing with the most recent applied sciences in AI.”

VictoryXR, an edtech firm identified for integrating XR applied sciences corresponding to augmented actuality (AR), digital actuality (VR), and pass-through blended actuality, has made important strides in schooling. The corporate said that its platform is at the moment utilized in over 120 college campuses.

Steve Grubbs, CEO of VictoryXR, highlighted the corporate’s dedication to enhancing schooling via know-how: “We proceed to offer merchandise that dramatically improve studying by college students in each Okay-12 and better ed.”

Grubbs additionally famous the corporate’s latest introduction of conversational AI avatars into its platform, which marks a “revolutionary step ahead” for instructing distant college students and offering high quality instruction for each scholar.

Over the previous 12 months, VictoryXR has collaborated with main companions corresponding to Meta, Qualcomm, T-Cell, Lenovo, HTC Vive, and Pico, additional solidifying its place within the edtech area.

For extra data on VictoryXR and its XR schooling platform for faculties and universities, please go to the corporate’s website.

Picture / video credit score: VictoryXR / YouTube