Immersive Factory: VR Learning Startup Over $1 Million in Funding
Companies are increasingly embracing immersive training in their processes. VR training is not only safer but also cheaper, particularly for complex and specialized skills that require significant investments. The Vive X startup Immersive Factory focuses on developing specialist VR-based training programs focusing on occupational health, safety and environment (HSE Training). The startup had been part of the Vive X accelerator program in the UK and was initially funded by HTC. The company has now raised $1.1 million in additional funding that will go towards further program development.
The startup was founded in Paris in 2016 and builds an online platform for virtual reality training. Its training courses are developed in collaboration with various companies.
The one million dollar investment in Immersive Factory has been injected by WaterStart Capital.
Immersive Factory works with the HTC virtual reality headsets in its training programs. HTC had been one of its initial supporters in the Vive X funding program.
According to the company, virtual reality training has proven to be “far superior” to conventional training courses as it is capable of convincingly simulating dangerous situations and also exposing the trainees to the risks they are likely to face in their work within an immersive and safe training environment. The goal of VR training is to help in cutting down on the accident rates at the workplace while also improving the employee behavior through an experience-based learning platform.
Company managers receive the evaluations of the training programs carried out through the VR platform and are thus able to see the deficits of individual employees based on the training data. Virtual reality courses can also be used in evaluating employee behavior as well for objective debriefing which can assist in real-time behavioral change.
With the cash infusion from the new investment round, Immersive Factory wants to expand its footprints globally and reach more companies with its training programs. Some of the companies that are already using Immersive Factory’s VR training courses include Shell, Volvo and Veolia. You can find more information about Immersive Factory from the company’s official website.
There are other companies already offering VR training solutions. These include Fundamental VR which focuses on surgical training and Bohemia Interactive Simulations (BISim) which provides immersive military training solutions.