a year ago
Moonhub Raises $1.4 Million for VR Training Platform
Moonhub, a London-based virtual reality interactive training platform, has secured $1.4 million in funding led by Danish VC Unconventional Ventures
Existing investors Pi Labs and Ada Ventures also participated in the round
Moonhub's VR technology offers an immersive learning experience and provides analytical performance insights for organizations
The company claims that its VR training courses reduce training completion time by up to 25% and increase learning retention by up to 75%, compared to traditional methods
Moonhub plans to use the investment to accelerate its growth across various sectors, including insurance, security, and social care.
ProblemTechnology
"Traditional training methods are time-consuming and inefficient. They can be expensive, especially for industries that require hands-on experience. Also, traditional training can be difficult to scale, especially for large organisations. "
Solution
"Moonhub's VR training platform provides an immersive, interactive, and engaging learning experience. It allows users to learn new skills and knowledge in a safe and controlled environment. Moonhub's VR training platform also reduces the time and cost of training. It is also scalable, making it easy for large organisations to train their employees."